Results in spotlight: BHEL, NMDC, Eris Lifesciences, Metropolis Healthcare, JK Tyre, PI Industries, Hitachi Energy, GE T&D, Ircon, Maharashtra Seamless, Aether Industries, Sheela Foam, Galaxy Surfactants, Rategain, Laxmi Organic, Arvind Fashions, Gulf Oil Lubricants, VA Tech Wabag, Greenply, Dollar Industries, Fiem Industries, etc.
Stocks under F&O ban: Aditya Birla Capital, Balrampur Chini Mills, Bandhan Bank, Biocon, Birlasoft, GMR Airports Infrastructure, Granules India, Hindustan Copper, Vodafone Idea, India Cements, Piramal Enterprises, SAIL, and Zee Entertainment Enterprises.
On a consolidated basis, net profit of ONGC rose 125.00% to Rs 10107.36 crore in the quarter ended March 2024 as against Rs 4492.25 crore during the previous quarter ended March 2023. Sales rose 1.65% to Rs 166770.63 crore in the quarter ended March 2024 as against Rs 164066.72 crore during the previous quarter ended March 2023.
On a consolidated basis, net profit of Oil India rose 22.83% to Rs 2140.72 crore in the quarter ended March 2024 as against Rs 1742.83 crore during the previous quarter ended March 2023. Sales rose 16.50% to Rs 9147.01 crore in the quarter ended March 2024 as against Rs 7851.78 crore during the previous quarter ended March 2023.
Oil India's board recommended issue of bonus shares in the ratio of 1:2 i.e. one equity share of Rs 10 each for every two existing equity shares of Rs 10, each fully paid up. Additionally, the board recommended a final dividend of Rs 3.75 per equity share (pre-bonus).
TCS said that N Ganapathy Subramaniam ceases to be COO and ED with effect from 20 May 2024.
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