Important results today: Dr Reddy's, IndusInd Bank, IndiGo, Canara Bank among others

Dixon Technologies, EIH Associated Hotels, Elantas Beck India, Filatex India, GM Breweries, Godawari Power & Ispat are set to release their quarterly earnings today.

Jul 27, 2021 08:07 IST India Infoline News Service

Quarterly Results
Quarterly results that are expected today include Dr Reddy's Laboratories, IndusInd Bank, InterGlobe Aviation, Canara Bank, Karnataka Bank, Lux Industries, Mahindra Logistics, Mirza International, Ramco Cements, Aarti Drugs.

Ansal Housing, The Anup Engineering, Apar Industries, Arihant Capital Markets, Bhageria Industries, BLS International Services, Confidence Petroleum India, Dalmia Bharat, Dixon Technologies, EIH Associated Hotels, Elantas Beck India, Filatex India, GM Breweries, Godawari Power & Ispat, Granules India, Greenlam Industries, Hindustan Fluorocarbons, IIFL Finance, Sanofi India, Sharda Cropchem, Shemaroo Entertainment, Snowman Logistics, Torrent Pharmaceuticals, TTK Prestige, UCO Bank and VST Industries will release their quarterly earnings today.

As per media reports, Pharma major Dr Reddy's to report revenue growth of 13% and EBITDA is likely to be flat at Rs1168cr yoy. However, margins are likely to come at 23.4% as against 26.3% in Q1FY21.

IndusInd Bank to report net profit at Rs856.8cr up 86% yoy. Net Interest Income (NII) is expected to increase by 10.7% yoy (up 5.1% qoq) to Rs3,662.8cr, according to the media reports.

Stock view:

IndusInd Bank Ltd ended at Rs981.30 down by Rs7.4 or 0.75% from its previous closing of Rs988.70 on the BSE.

Interglobe Aviation Ltd ended at Rs1,740.80 up by Rs13.85 or 0.8% from its previous closing of Rs1,726.95 on the BSE.

Dr Reddys Laboratories Ltd ended at Rs5,412.50 down by Rs10.4 or 0.19% from its previous closing of Rs5,422.90 on the BSE.

Mahindra Logistics Ltd ended at Rs608.30 up by Rs13.9 or 2.34% from its previous closing of Rs594.40 on the BSE.

Canara Bank ended at Rs146.65 up by Rs0.6 or 0.41% from its previous closing of Rs146.05 on the BSE.

Related Story

Open Free Demat Account (Rs699)