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By Malvika Gurung
Investing.com — Punjab Nationwide Financial institution: The general public sector lender reported a web revenue of Rs 201.6 crore, declining 65.6% YoY within the March quarter, whereas gross NPA and web NPA lowered on a QoQ foundation to Rs 92,448 crore and Rs 34,908.7 crore, respectively.
Ultratech Cement (NS:): The cement main has utilized for buying the Swiss cement big Holcim (SIX:)’s stake.
Pfizer (NYSE:): The nation’s largest insurance coverage firm LIC has raised its shareholding within the pharmaceutical firm by choosing a 2.03% stake by means of open market transactions. LIC now holds a 6.05% stake in Pfizer.
Hindalco Industries (NS:): The corporate’s subsidiary Novelis’ web revenue grew 21% YoY to $217 million, and web gross sales surged 34% YoY to $4.8 billion within the March quarter. It’ll make investments $2.5 billion in constructing new recycling and rolling plant in Alabama.
Birla Corp: The corporate’s consolidated web revenue declined 55.4% YoY to Rs 111.08 crore within the March quarter, and income rose 6% YoY to Rs 2,264.2 crore.
BSE: The inventory alternate’s web revenue rallied 125.2% YoY to Rs 71.52 crore and income from operations climbed 34.4% YoY to Rs 204.6 crore within the March quarter.
Indian Financial institution: The general public sector lender’s standalone web revenue fell 42% YoY to Rs 984 crore within the March quarter.
Petronet LPG: The corporate’s consolidated revenue surged 24% YoY to Rs 791 crore within the March quarter.
Corporations together with Tata Motors (NS:), L&T (NS:), RBL Financial institution (NS:), Apollo Tyres (NS:), Siemens (NS:), Coforge, and Ujjivan Small Finance Financial institution, amongst others, will launch their March-ending quarter outcomes on Thursday.
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