Top stocks in focus: Dr. Reddy’s, TCS, Infosys, Kalpataru Power, Asian Paints, Lupin

Check out the stocks that will be in focus during trade today based on recent and latest news developments.

May 12, 2021 07:05 IST India Infoline News Service

Stocks In Focus
Dr. Reddy's Laboratories enters into a Voluntary Licensing Agreement with Lilly to Expand Access to COVID-19 Treatment in India.

Infosys: The company announced a strategic collaboration with Britvic to accelerate its digital strategy.

TCS a Leader and Star Performer in Financial Crime and Compliance Operations: Everest Group.

Kalpataru Power Q4FY21: PAT grew by 70% yoy to Rs662 cr; PAT margin of 5.1%.

Asian Paints and Lupin will announce their quarterly financial results on Wednesday.

Balaxi Pharmaceuticals: Balaxi Global DMCC, Dubai (“BGD”), Wholly Owned Subsidiary of the Company has acquired 100% shares of Balaxi Healthcare Honduras, S. DE R.L. De C.V., Honduras, Central America (“BHH”).

Matrimony reports strong Net Profit growth of 38% in FY21.

Siemens reported sharply higher consolidated profit at Rs334.4cr in Q2FY21 against Rs175.7cr in Q2FY20; revenue increased to Rs3,483.7cr from Rs2,640.2cr yoy.

Godrej Consumer Products reported sharply higher consolidated profit at Rs365.84cr in Q4FY21 against Rs229.9cr in Q4FY20; revenue rose to Rs2,730.74cr from Rs2,153.80cr yoy.

Pennar Industries: SAIF India IV FII Holdings sold 31,81,239 equity shares (2.24% shareholding) via an open market transaction on May 7, reducing stake to 6.30 percent from 8.54% earlier.

Linde India reported higher consolidated profit at Rs303.2cr in Q4FY21 against Rs39cr in Q4FY20; revenue rose to Rs441.4cr from Rs377.2cr yoy.

Results today: Asian Paints, Lupin, UPL, Apollo Tyres, Tata Power, Avadh Sugar & Energy, Birla Corporation, Borosil Renewables, Dwarikesh Sugar Industries, GRM Overseas, Happiest Minds Technologies, HG Infra Engineering, Jindal Steel & Power, JSW Ispat Special Products, Kaycee Industries, Kennametal India, Khaitan Chemicals & Fertilizers, Mahindra Lifespace Developers, Mid East Portfolio Management, Orient Electric, Palash Securities, Pidilite Industries, Prince Pipes and Fittings, PTL Enterprises, Sagar Cements, Saregama India, SIL Investments, Sonata Software, Swiss Military Consumer Goods, Thambbi Modern Spinning Mills, Trigyn Technologies, UPL, Vaibhav Global, Vardhman Concrete, Vikas WSP, Voltas and Yasho Industries.

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