Stocks To Watch: Hero MotoCorp, Maruti Suzuki, UltraTech Cement

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Maruti Suzuki has prolonged the shutdown at its plant until May 16, 2021 attributable to pandemic state of affairs.

The home inventory markets are more likely to have a gap-up opening attributable to beneficial world cues. Trends on SGX Nifty point out a gap-up opening for the index in India, with a 107-points achieve. At 7:30 am, the Nifty futures have been buying and selling at 14,975 on the Singapore Stock Exchange.

On Friday, the BSE Sensex climbed 256.71 factors to 49,206.47 and the Nifty was up 98.40 factors at 14,823.20.

Stocks to observe in commerce in as we speak’s session

Hero MotoCorp

Hero MotoCorp, India’s largest motorcycle maker, prolonged a shutdown at its manufacturing amenities throughout the nation until May 16. Hero MotoCorp had suspended its manufacturing operations in April.

Maruti Suzuki

Maruti Suzuki has prolonged the shutdown at its plant until May 16, 2021 because of the present pandemic state of affairs.

UltraTech Cement

UltraTech Cement reported a forty five.2 per cent YoY decline in consolidated web revenue to Rs 1,774.13 crore for the fourth quarter ended March 2021 on account of reversal of deferred tax liabilities.

IDFC First Bank

IDFC First Bank reported a 78 per cent YoY bounce in web revenue at Rs 128 crore for the fourth quarter ended March 2021 as towards a revenue of Rs 72 crore through the corresponding quarter a 12 months in the past.

Bandhan Bank

Bandhan Bank reported an 80 per cent YoY dip in its March quarter web revenue at Rs 103 crore, because it wrote off an enormous portfolio of loans within the flagship microlending enterprise by recognising stress upfront.



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