Keep your eyes glued on these nine stocks on Thursday!

TCS: TCS has been named as a leader in Veeva Services by Everest Group.  

Greenply Industries: The company has announced its foray into the medium-density fibre (MDF) boards business. The greenfield manufacturing plant would be set up in Vadodara district (Gujarat) with an estimated cost of Rs 548 crore.  

PNB Housing Finance: Profit after tax stood at Rs 243 crore vs Rs 257 crore, registering degrowth of 5 per cent. The disbursements during Q1FY22 stood at Rs 1,759 crore compared to Rs 694 crore in Q1FY21, registering an increase of 153 per cent. Retail disbursements were 94 per cent of the total disbursements in Q1FY22. Gross non-performing assets (NPA) stood at an AUM level of 5.5 per cent while it is 6.0 per cent at loan assets as of June 30, 2021. Net NPA stood at 3.6 per cent of the loan assets as of June 30, 2021.  

UTI Asset Management: UTI Mutual Fund has launched an open-ended equity scheme investing in a maximum of 30 stocks across market caps namely, ‘UTI Focused Equity Fund’. The new fund offer (NFO) opened today and will close on August 18, 2021.  

Godrej Consumer: The board of directors has approved the incorporation of a wholly-owned subsidiary of the company in India.   

Shipping Corporation of India: The board of directors has considered & approved the scheme of arrangement for the demerger of ‘non-core assets’ of the company.   

Lyka Labs: During the quarter ended June 30, 2021, the company has repaid Rs 1,727.68 lakh towards the outstanding loan of International Asset Reconstruction Company (IARC). Subsequent to the quarter ended June 30, 2021, the company further repaid Rs 1,479.99 lakh towards outstanding loan of IARC. As a result, the finance cost of the company would reduce in the coming periods.  

Bosch: The total revenue from operations stood at Rs 2,444 crore in Q1FY22, an increase of 146 per cent, which was due to a lower base. Profit before tax stood at Rs 335 crore. This is 13.7 per cent of the total revenue from operations. Profit after tax stood at Rs 260 crore, which is 10.6 per cent of the revenue from operations.  

Titan: The company’s revenue grew by 122 per cent (excluding bullion sale) in Q1FY22 compared to Q1FY21. The company’s jewellery division is gaining good traction among new customers and its mix in total buyers has reached the pre-pandemic levels. It recorded an income of Rs 2,467 crore for the quarter as compared to Rs 1,182 crore in the same period last year (excluding bullion sale in both the years). Its watches & wearable business recorded an income of Rs 292 crore in the quarter against Rs 75 crore in the same period the previous year. Besides, the eyewear business recorded an income of Rs 67 crore in the quarter as against Rs 30 crore in the same period last year. The other segments of the company comprising Indian dress wear & accessories recorded an income of Rs 14 crore this quarter compared to Rs 4 crore in the quarter of the previous year.