New Delhi: The share price of HDFC Bank, JK Cement, RVNL, Oberoi Realty, Suzlon Energy, IDBI Bank, Vedanta are expected to be in focus on July 22, 2024, i.e. Monday.
HDFC Bank
HDFC bank on July 20 declared its Q1 2024 Results and reported a 6.51 per cent decline in its consolidated net profit to Rs 16,474.85 crore as compared to the previous January-March quarter. The country’s largest private sector lender’s net profit declined to Rs 16,174.75 crore in April-June 2024-25 from Rs 16,511.85 crore in January-March 2023-24. The consolidated net profit stood at Rs 12,370.38 crore.
RVNL
Shares of Rail Vikas Nigam Ltd (RVNL) are expected to be in focus today after the Railway PSU company announced that it has signed Memorandum of Understanding (MoU) with United Construction Limited, Israel.
JK Cement
In its Q1 2024 Results, JK Cement Ltd announced that it has reported a 67 per cent spike in its consolidated net profit to Rs 184.82 crore. Its revenue from operations went up by 1.62 per cent at Rs 2,807.57 crore during the quarter under review. The total expenses was recorded flat at Rs 2,579.14 crore in the quarter.
Suzlon Energy
Suzlon Energy shares will be in focus as the company will be declaring Q1 Results 2024. Last week, Suzlon Energy declared that it will announced the results for the quarter ended on June 30, 2024 on July 22.
Vedanta
Vedanta Ltd confirmed bagging two critical mineral blocks in Karnataka and Bihar, Anil Agarwal-led company declared in a filing to the BSE. Gollarahatti-Mallenahalli Nickel Chromium and PGE Block in Karnataka and Genjana Nickel — Chromium and PGE Block in Bihar, were up for sale.
“The company has been declared as preferred bidder’ for the Gollarahatti-Mallenahalli Nickel Chromium and PGE Block and Genjana Nickel, Chromium and PGE Block,” the filing said.
Oberoi Realty
Oberoi Realty Ltd declared its Q1 2024 Results and reported an 82 per cent increase in its consolidated net profit to Rs 584.51 crore. The company engaged in the real estate sector informed that its income increased to Rs 1,441.95 crore in the quarter.
Vikas Oberoi, Chairman and Managing Director, Oberoi Realty, said, “India continues to be the fastest growing major economy, effectively managing global challenges by leveraging its solid economic foundations and proactive policymaking for growth”.
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Stocks to be focus today: The share price of HDFC Bank, JK Cement, RVNL, Oberoi Realty, Suzlon Energy, Vedanta are expected to be in news on July 22, 2024, i.e., Monday Markets Business News – Personal Finance News, Share Market News, BSE/NSE News, Stock Exchange News Today
