Stocks in the news today are NTPC, DLF, Marico, SBI cards and many more. Nifty futures traded merely 15.5 points, or 0.09 per cent higher at 17,896.
NTPC: The state-claimed power major posted an almost six percent hop in net benefit at Rs 3,690.95 crore in the September quarter, basically because of higher incomes. The net benefit of the organization was at Rs 3494.61 crore in the year-prior period.
Tata Consumer Products: The FMCG player said it will move its tea bistro business ‘Tata Cha’ to the firm IHCL, which operates the Taj group of hotels.
DLF: The realty firm revealed a 66 percent expansion in solidified net benefit at Rs 378.12 crore for the quarter finished September while deals appointments grew 77% to Rs 1,512 crore on restoration in lodging interest, especially for extravagance lofts.
Marico: The Homegrown FMCG major revealed a 16 percent development in united net benefit at Rs 316 crore in the subsequent quarter finished September driven by volume development in the homegrown market. The organization had posted a merged net benefit of Rs 273 crore in the comparison time frame last monetary.
SBI Cards and Payment Services: The monetary help player detailed a 67 percent bounce in net benefit at Rs 345 crore for the September quarter on the back of good development in retail and corporate spends. The pure-play credit card company had enrolled a net benefit of Rs 206 crore in a similar period a year prior.