Top stocks in focus: Bajaj Finance, Bajaj Auto, ICICI Pru, L-;T Technology Services, Tata Elxsi

19 Jan 2022 , 07:25 AM

Bajaj Finance: Profit after tax for Q3FY22 increased by 85% to Rs2,125cr from Rs1,146cr in Q3FY21. Net interest income increased by 40% to Rs6,000cr as against Rs4,296cr yoy.

Bajaj Auto Limited will announce its quarterly earnings on Wednesday.

ICICI Prudential Life Insurance Company: The company reported a higher profit at Rs310.62cr in Q3FY22 against Rs305.55cr in Q3FY21; net premium income rose to Rs9,073.97cr from Rs8,970.84cr yoy.

L&T Technology Services: The company reported a sharply higher consolidated profit at Rs249.6cr in Q3FY22 against Rs186.9cr in Q3FY21. Revenue jumped to Rs1,687.5cr from Rs1,400.7cr yoy. The company bagged a $45 million EV (electric vehicle) deal from US Auto Tier 1.

Tata Elxsi: The company reported higher profit at Rs150.95cr in Q3FY22 against Rs105.20cr in Q3FY21. Revenue jumped to Rs635.41cr from Rs477.09cr yoy.

Alok Industries: The company reported consolidated loss at Rs0.09cr in Q3FY22 against loss of Rs35.12cr in Q3FY21; revenue jumped to Rs2,129.60cr from Rs1,201.80cr yoy.

DCM Shriram: The company reported higher consolidated profit at Rs349.79cr in Q3FY22 against Rs253.45cr in Q3FY21. Revenue rose to Rs2,790.78cr from Rs2,158.74cr yoy.

Shalimar Paints: Hella Infra Market, the parent company of Infra.Market, will invest Rs270cr through a combination of equity and debentures in Shalimar Paints.

Results today: Bajaj Auto, ICICI Lombard General Insurance Company, Larsen & Toubro Infotech, JSW Energy, Aptech, CCL Products (India), Ceat, Chembond Chemicals, Continental Securities, DRC Systems India, Orient Green Power Company, JSW Ispat Special Products, Mastek, Nelco, Oracle Financial Services Software, Rallis India, Saregama India, Sterlite Technologies, Syngene International, Tata Communications, Tata Investment Corporation, Tejas Networks, Trident Texofab, and TT Limited.