Fourteen stocks that may witness action on Thursday
ICICI Securities: Revenue stood at Rs 739 crore, up by 53 per cent YoY while strong growth was witnessed across all businesses. Equities & allied revenue stood at Rs 482 crore, up by 46 per cent YoY, distribution income at Rs 141 crore, up by 22 per cent YoY, private wealth management revenue was at Rs 158 crore, up by 82 per cent YoY and issuer services & advisory revenue was at Rs 53 crore, up by 441 per cent YoY. PAT came in at Rs 329 crore, up by 111 per cent YoY on account of growth in revenue and improvement in margins.
TCS: TCS was named as a leader in 2021 Gartner Magic Quadrant for managed workplace services, Asia Pacific.
KEC International: The company has secured new orders worth Rs 1,245 crore across its various businesses.
ACC: ACC unveiled a new range of innovative and sustainable products during COVID-19.
Hero MotoCorp: Hero MotoCorp and Gogoro Inc have announced a strategic partnership to accelerate the shift to sustainable electric mobility in India.
Wonderla Holidays: Following the government directive due to the rising COVID-19 cases in Karnataka, Wonderla Holidays announces the closure of its Bangalore Park till May 4, or until further notice.
Maheshwari Logistics: The company has informed that its paper manufacturing facility recently executed an export order of 650.567 MTs. Besides, it has also received a new order of 1,040 MTs, which will be executed in the first week of May 2021.
5paisa Capital: Consolidated income for Q4FY21 stood at Rs 49.9 crore, up by 41 per cent YoY while for FY21, it was Rs 194.6 crore, up by 80 per cent YoY.
Salasar Techno Engineering: The company has secured purchase orders worth Rs 27.45 crore and Rs 20.25 crore from Rajasthan Rajya Vidyut Prasaran Nigam.
Saregama: Saregama strikes a long-term music deal with Sanjay Leela Bhansali, who comes on board as the music partner for three of his projects, including Gangubai Kathiawadi.
ONGC: Three employees including two junior technicians (Production) and a junior engineering assistant of Oil & Natural Gas Corporation Limited (ONGC) have been abducted by unknown armed miscreants during the early hours of April 21, 2021.
AstraZeneca: AstraZeneca Pharma India Limited has launched Fasenra™ in India. Benralizumab (Fasenra™) is indicated as an add-on maintenance treatment for severe asthma with an eosinophilic phenotype in adult patients.
Nestle: The company's total sales grew by 8.9 per cent to Rs 3,600 crore while domestic sales growth stood at 10.2 per cent. Profit from operations stood at 23.3 per cent of sales. Net profit of Rs 602 crore. The e‐commerce channel grew by 66 per cent and contributed 3.8 per cent of domestic sales. Recently, the company is witnessing headwinds in commodity and packaging materials.
Maruti Suzuki India: The cargo variants of Maruti Suzuki Eeco have been upgraded to the new version of the reverse park alert systems (RPAS).