Important results today: Bajaj Finance, Asian Paints, Reliance Industrial Infra, ICICI Prudential among others

JSW Ispat Special Products, Jubilant Ingrevia, Kohinoor Foods, Mangalam Organics, Moschip Technologies, Newgen Software are set to release their quarterly earnings today.

Jul 20, 2021 08:07 IST India Infoline News Service

Quarterly Results
Quarterly results that are expected today include Bajaj Finance, Asian Paints, CRISIL, DCM Shriram, ICICI Prudential Life Insurance Company, ICICI Securities, India Tourism Development Corporation, JSW Ispat Special Products, Jubilant Ingrevia, Kohinoor Foods, Mangalam Organics, Moschip Technologies, Newgen Software Technologies, Reliance Industrial Infrastructure, Rane (Madras), Shyam Metalics and Energy, Arihant Superstructures, and Syngene International.

As per media reports, Asian Paints net profit is expected to be at Rs720cr. For EBITDA the street is expecting Rs1105cr and comparing with the base it would be a big jump of 130%.

Bajaj Finance may report anywhere between 30-90% jump in net profit in the range of Rs1,250-1,850cr. Net interest income (NII) is also going to rise about 15-22%, as per media reports.

Stock view:

Asian Paints Ltd ended at Rs2,979.35 down by Rs13.3 or 0.44% from its previous closing of Rs2,992.65 on the BSE.

Bajaj Finance Ltd ended at Rs6,012.75 down by Rs114.05 or 1.86% from its previous closing of Rs6,126.80 on the BSE.

ICICI Securities Ltd ended at Rs774.10 up by Rs9.1 or 1.19% from its previous closing of Rs765 on the BSE.

Shyam Metalics & Energy Ltd ended at Rs430 up by Rs16.6 or 4.02% from its previous closing of Rs413.40 on the BSE.

Reliance Industrial Infrastructure Ltd ended at Rs781.05 up by Rs9.2 or 1.19% from its previous closing of Rs771.85 on the BSE.

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