Top stocks in focus: City Union Bank, State Bank of India, Minda Corporation, Shree Cement, Tata Steel

7 Feb 2022 , 07:40 AM

City Union Bank: The bank reported higher profit at Rs196.11cr in Q3FY22 against Rs169.93cr in Q3FY21, net interest income rose to Rs489.97cr from Rs489.05cr yoy.

State Bank of India (SBI): The Bank reported a 62.26% yoy rise in standalone net profit at Rs8,431.88cr compared with Rs5,196.22cr in the corresponding quarter last year. Net interest income rose 6.48% yoy to Rs30,687cr from Rs28,820cr.

Minda Corporation: The company reported higher profit at Rs69.9cr in Q3FY22 against Rs49.5cr in Q3FY21, revenue fell to Rs738.3cr from Rs739.8cr yoy.

Shree Cement: The company reported a lower profit at Rs482.70cr in Q3FY22 against Rs631.58cr in Q3FY21, revenue rose to Rs3,637.11cr from Rs3,557.21cr yoy.

Tata Steel: The company reported a sharply higher profit at Rs9,572.67cr in Q3FY22 against Rs3,697.22cr in Q3FY21, revenue jumped to Rs60,783.11cr from Rs41,935.21cr yoy.

CMS Info Systems: The company clocked strong profit at Rs60.24cr in Q3FY22 against Rs40.7cr in Q3FY21, revenue climbed to Rs403.65cr from Rs332.53cr yoy.

InterGlobe Aviation: The company recorded profit at Rs129.78cr in Q3FY22 against loss of Rs620.14cr in Q3FY21, revenue jumped to Rs9,294.77cr from Rs4,909.98cr yoy.

Cipla: Kedar Upadhye has resigned from the position of Global Chief Financial Officer of the company to pursue his professional aspirations beyond pharmaceutical and healthcare sector.

FDC: The company on February 9, will consider the proposal for buyback of shares.

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