Important results today: Hindustan Unilever, UltraTech, Biocon, Bajaj Auto among others

Mphasis, Persistent Systems, Music Broadcast, Shiva Cement, South Indian Bank, Sterlite Technologies are set to release their quarterly earnings today.

Jul 22, 2021 09:07 IST India Infoline News Service

Quarterly Results
Quarterly results that are expected today include Hindustan Unilever (HUL), UltraTech Cement, Bajaj Auto, Agro Tech Foods, Bajaj Holdings & Investment, Biocon, Can Fin Homes, Chennai Petroleum Corporation, CSB Bank, Heidelbergcement India.

Hindustan Zinc, ICICI Lombard General Insurance Company, Indian Energy Exchange, IIFL Securities, IndiaMART InterMESH, India Pesticides, Lloyds Steels Industries, Bank of Maharashtra, Mahindra EPC Irrigation, Mphasis, Persistent Systems, Music Broadcast, Shiva Cement, South Indian Bank, Sterlite Technologies, and Wockhardt will release their quarterly earnings today.

As per media reports, HUL is likely to report 21.3% yoy revenue growth at Rs12,807.6cr led by 29.9% growth in the beauty & personal care segment (BPC) and 22% growth in the foods & refreshment segment. Profit after tax (PAT) will grow 7% to Rs2,024cr but decline nearly 5% qoq.

UltraTech Cement to report net profit at Rs1,355cr, up 70% yoy and down 24% qoq. Net Sales are expected to increase by 47% yoy, down 22% qoq to Rs11,225cr, the media reports said.

Bajaj Auto to report net sales at Rs7,468.1cr, while adjusted PAT may be around Rs1,077.4cr for Q1FY22, the media reports added.

Stock view:

UltraTech Cement Ltd is currently trading at Rs7,487.45 up by Rs64.25 or 0.87% from its previous closing of Rs7,423.20 on the BSE.

Hindustan Unilever Ltd is currently trading at Rs2,472.20 up by Rs38.3 or 1.57% from its previous closing of Rs2,433.90 on the BSE.

Bajaj Auto Ltd is currently trading at Rs3,915 up by Rs10.95 or 0.28% from its previous closing of Rs3,904.05 on the BSE.

Wockhardt Ltd is currently trading at Rs569.95 up by Rs12.75 or 2.29% from its previous closing of Rs557.20 on the BSE.

Hindustan Zinc Ltd is currently trading at Rs336.30 up by Rs3.3 or 0.99% from its previous closing of Rs333 on the BSE.

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