Top stocks in focus: ICICI Bank, Tata Chemicals, JSW Energy, L&T Technology, Adani Ports

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

May 04, 2021 07:05 IST India Infoline News Service

ICICI Bank: The Reserve Bank of India (RBI) has, by an order dated May 03, 2021, imposed a monetary penalty of Rs3 Crores on the Bank.

Tata Chemicals declared its financial results for the quarter ended March 31, 2021. On a standalone basis, the income from operations rose by 15% to Rs841cr, as compared to Rs734cr of the corresponding quarter of last year. PAT for the period on a standalone basis stood at Rs120cr, as compared to Rs118cr of the corresponding quarter of last year.

JSW Renew Energy Limited, wholly-owned subsidiary of JSW Future Energy Limited has signed a Power Purchase Agreement with Solar Energy Corporation of India Limited (SECI) for the Contracted Capacity of 540 MW out of total awarded capacity of 810 MW.

L&T Technology Services reported consolidated profit of Rs204.8cr for Q4FY21 compared to Rs186.1cr in Q3FY21.  Revenue rose to Rs1,446.6cr from Rs1,400.7cr qoq.

Adani Ports and Special Economic Zone will declare its quarterly results on Tuesday.

Zuari Agro Chemicals: Ammonia and Urea Plants have been shutdown for annual maintenance effective May 3, 2021.

Bafna Pharmaceuticals has added two fully-automated packaging lines to its existing capacity and they have been approved by the UK-MHRA (Medicines and Healthcare products Regulatory Agency) for the United Kingdom and the European Union (EU).

Home First Finance Company India reported higher profit at Rs31cr in Q4FY21 against Rs12cr in Q4FY20 while total income rose to Rs136cr from Rs106cr logged in the year-ago period.

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