Top 10 stocks for today – 27th May 2024

27 May 2024 , 08:42 AM

Here are some of the stocks that may see significant price movement today.

GAIL: GAIL (India) Ltd. opened its first 10 MW Green Hydrogen Plant as part of the National Green Hydrogen Mission at Vijaipur, Madhya Pradesh.

Hindustan Copper: The company’s bottom line fell by 6% to 124.8 Crore. This was due to a 62% year-on-year decline in Hindustan Copper’s other income during the quarter.

MM Forgings: The maker of closed die hot forgings will conduct a board meeting on May 29 to discuss a bonus share issue, as well as its March quarter results.

Hero MotoCorp: The company’s tax demand was reduced from ₹604.87 Crore to ₹177.96 Crore for the assessment years 2013-14, 2017-18, and 2019-20. Further, it stated that it has filed appeals. The corporation had filed tax rectification applications in response to the reassessment orders dated March 30, 20, and 24 for the assessment years 2013-14 to 2017-18 and 2019-20.

EasyTrip: The company’s creator, Nishant Pitti, has withdrawn his bid for Go First. We have decided to withdraw from the GoFirst bid to concentrate on our core areas of strength,” he states.

Aurobindo Pharma: The USFDA has classified Aurobindo Pharma arm Eugia’s formulation manufacturing unit in Pashamylaram, Telangana, as official action recommended.

NTPC: NTPC reported a consolidated net profit of ₹6,490.05 Crore in the fourth quarter of 2023-24, up 33% from ₹4,871.5 Crore in 2022-23. The company’s standalone total income for the financial year was ₹1,65,707 Crore, compared to ₹1,67,724 Crore the previous year. The Ministry of Power announced on Saturday that the consolidated net profit increased by 24.5% from ₹5,208.87 Crore in the December quarter.

Torrent Pharma: Torrent Pharmaceuticals Ltd posted a 56.45% increase in consolidated net profit to ₹449 Crore in the March quarter, driven by greater revenue. Torrent Pharmaceuticals reported a consolidated net profit of ₹287 Crore for the same time in the previous fiscal year, according to a regulatory filing.

Glenmark Pharma: Glenmark Pharmaceuticals Ltd recorded a total net loss of ₹1,238.6 Crore for the March quarter, up from ₹549.4 Crore in the same time last year. Revenue increased two% from the previous year to ₹3,063 Crore, up from ₹3,000.5 Crore in the same period last year.

Aurobindo Pharma: Aurobindo Pharma Ltd reported an 80% increase in consolidated net profit to ₹909 Crore in the Jan-March quarter of FY24, up from ₹508 Crore in the same period the previous year. The company’s consolidated revenue for the quarter increased by 19% to ₹7,580 Crore from ₹6,473 Crore in the previous corresponding period.

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