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Keep your eyes glued on these five stocks on Wednesday!
Karan Dsij
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Keep your eyes glued on these five stocks on Wednesday!

Deepak Fertilisers & Petrochemicals Corporation: The company’s topline grew by 37.6 per cent to Rs 1,902 crore while its operating EBITDA stood at Rs 290 crore, with a growth of 6.7 per cent YoY. Net profit growth stood at 7.8 per cent to Rs 131 crore (Q1 FY21: Rs 121 crore). The company has reduced its net debt by approx. Rs 240 crore. Finance cost reduced by 22 per cent YoY, driven by better working capital management and continuous reduction of short-term debt. It also achieved the highest-ever quarterly ANP & NPK production while speciality fertiliser also grew significantly. The company won the first export order to supply rubbing alcohol to Central America.   

Eveready: The board of directors of the company appointed Suvamoy Saha as the Joint Managing Director.   

Ester Industries: The board of directors has approved capital expenditure of Rs 80 crore for capacity expansion of certain grades of speciality polymer business. Its mode of financing included a mix of internal accruals & debt while its rationale for expansion is the growing demand for these products.   

Sundaram Fasteners: CRISIL has re-affirmed the rating of short-term debt and commercial paper with CRISIL A1+.   

Computer Age Management Services (CAMS): The board has approved the payment of an interim dividend of Rs 6.50 per equity share.   

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