Stocks Updates
Indian Oil: net profit fell 75.56% year-on-year to Rs 3,528.49 cr in the April-June quarter.
Varun Beverages: quarterly net profit rose 26.04% to Rs 1,252.60 cr. Interim dividend announced: Rs 1.25 per share, with the record date as 9 Aug. The company board also announced a stock split.
GAIL: quarterly net profit rose 77.63% to Rs 3,182.93 cr.
Tata Consumer: quarterly net profit fell 8.30% to Rs 290.32 cr.
RVNL: got a Rs 739 cr order from the Himachal Pradesh State Electricity Board.
Dixon Tech: quarterly net profit rose 94.25% to Rs 133.68 cr.
Hindustan Zinc: got a Rs 1,170 cr tax demand notice for 2020-21 from the Income Tax department.
One 97 (Paytm): launched India’s first NFC card soundbox, which can be used for both mobile QR and NFC card payments.
