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Birla Corporation: Subsidiary RCCPL has acquired the mining rights comprising 889.760 hectares at Katni, Madhya Pradesh, pursuant to a tripartite agreement executed with the Government of Madhya Pradesh and Sanghi Infrastructure MP Limited. RCCPL has acquired 100% equity shares of Sanghi Infrastructure MP Limited . Accordingly, Sanghi has become a wholly owned subsidiary of RCCPL and a step down wholly owned subsidiary of Birla Corporation. Canara Bank: The Reserve Bank of India has imposed a monetary penalty of Rs 2.92 crore on Canara Bank for violation of several norms

STOCK IN NEWS:- Tata Motors: The leading automobile manufacturer has recorded consolidated profit at Rs 5,407.8 crore for quarter ended March FY23 against loss of Rs 1,033 crore in same period last year, supported by healthy operating numbers across segments. Consolidated revenue from operations for the quarter at Rs 1.06 lakh crore grew by 35% over a year-ago period, with Jaguar Land Rover reporting a massive 49% YoY growth, Tata Commercial Vehicles business growing 14.6% and Tata Passenger Vehicles segment showing a 15.3% YoY growth. Avenue Supermarts: The food and grocery retailer has recorded a 7.8% year-on-year growth in consolidated profit at Rs 460.1 crore for the quarter ended March FY23, backed by strong topline performance but impacted by a weak margin performance, with the profit margin falling 40 bps. Consolidated revenue from operations grew by 20.6% to Rs 10,594 crore compared to same period last year. On the operating front, EBITDA grew by 4.5% YoY to Rs 772 crore but margin declining 110 bps in Q4FY23. Hero MotoCorp: The world's largest two-wheeler maker has announced a partnership with Motosport SA in Costa Rica to boost its presence in Central America. As an exclusive distributor for the sale and service of Hero MotoCorp motorcycles and scooters in the country, Motosport SA will play a key role in the rapid expansion of Hero's network in Costa Rica. DLF: The real estate major has reported a massive 40.6% year-on-year growth in consolidated profit at Rs 570 crore for quarter ended March FY23 driven by strong operating margin performance as there was fall in raw material cost and other expenses. However, revenue for the quarter dropped 6% to Rs 1,456 crore compared to same period last year. Colgate Palmolive India: The oral care products maker has recorded a 2.3% year-on-year growth in profit at Rs 316.2 crore for March FY23 quarter impacted by higher tax cost and exceptional loss. However, revenue from operations for the quarter grew by 3.8% to Rs 1,350.63 crore compared to year-ago period. Overall numbers were above analysts' estimates. The board has declared second interim dividend of Rs 21 per share for FY23. Dish TV India: The satellite television provider has posted consolidated loss of Rs 1,720.6 crore for March FY23 quarter, narrowing from Rs 1,997.6 crore in same period last year. Dismal operating performance and lower topline impacted profitability. Revenue for the quarter dropped 21.5% to Rs 504.8 crore compared to same period last year. Hindustan Petroleum Corporation: The oil marketing company has reported a nine-year high quarterly standalone profit at Rs 3,223 crore for quarter ended March FY23, growing 80 percent over a year-ago period, driven by healthy operating performance. Revenue for the quarter (including excise duty) stood at Rs 1.14 lakh crore, registering growth of 8.7% over the corresponding period of previous year. Average gross refining margin (gross of export duty) in Q4FY23 came in at $14.01 per barrel, up from $12.44 per barrel in same period last year. Adani Transmission: The electric power distribution company said the board has approved raising of funds up to Rs 8,500 crore through qualified institutional placement (QIP). The board will also seek approval of the shareholders for the said issuance. Rail Vikas Nigam: Rail Vikas Nigam and SCC Infrastructure joint venture has received Letter of Award for 'planning, design and construction of main canal and structures to provide irrigation facility through piped irrigation network for upper high-level canal of Mahi Bajaj Sagar project, banswara (Raj) on engineering, procurement and construction single responsibility turnkey basis, including 10 years operation & maintenance. The cost of project is Rs 2,248,94 crore. Rail Vikas Nigam's share in project is 51% and SCC share is 49%.

Results on May 15:  PVR Inox, Asahi India Glass, Astral, Century Plyboards, Coromandel International, Emkay Global Financial Services, Kalyan Jewellers India, Patel Engineering, PCBL, Pfizer, Procter & Gamble Health, Skipper, Suryoday Small Finance Bank, Tube Investments of India, Ugro Capital, Vascon Engineers.

Results on May 11: Asian Paints, Eicher Motors, Siemens, Aditya Birla Capital, Balrampur Chini Mills, BLS International Services, CARE Ratings, Deepak Nitrite, Gillette India, Gujarat State Petronet, Intellect Design Arena, Dr Lal PathLabs, PTC India Financial Services, Shankara Building Products, South Indian Bank, Ujjivan Small Finance Bank, Zensar Technologies.

Buzzing Stock:- Nazara Technologies: The diversified gaming and sports media platform has recorded a massive 92% year-on-year growth in consolidated profit at Rs 9.4 crore, driven by healthy topline and operating numbers. Revenue for the quarter grew by 65% to Rs 289.3 crore compared to year-ago period. EBITDA increased by 86% YoY to Rs 27.7 crore in same period. Apollo Tyres: The tyre manufacturer has registered a 277% year-on-year growth in consolidated profit at Rs 427.4 crore for quarter ended March FY23, supported by strong operating numbers. Revenue from operations at Rs 6,247.33 crore increased by 12% over a corresponding period last fiscal. The company announced a final dividend of Rs 4 per share, and special dividend of Rs 0.50 per share for FY23. Greaves Cotton: The engineering company has completed first stage acquisition of 60% shareholding in Excel Controlinkage. Raymond: The company has received board approval for issuance of non-convertible debentures of up to Rs 2,200 crore in two or more tranches on private placement basis to associate Raymond Consumer Care, for repayment of external debt. SRF: The chemicals company has increased its capex to set up an aluminium foil manufacturing facility to Rs 530 crore from Rs 425 crore earlier. In March, the company incorporated wholly owned subsidiary for setting up the said manufacturing facility. The increase in capex is due to changes being made to the machine configuration to enhance output, product portfolio, and quality along with some increase in civil and preoperative expenses. Birla Corporation: The MP Birla Group company has reported a 23.5% year-on-year decline in consolidated profit at Rs 84.95 crore for quarter ended March FY23, impacted by lower operating numbers. Revenue from operations increased 8.8% YoY to Rs 2,462.6 crore in March FY23 quarter. Castrol India: The automotive and industrial lubricant manufacturing company has registered a 11.3% year-on-year decline in profit at Rs 202.5 crore for quarter ended March FY23, dented by disappointing operating numbers. Revenue from operations at Rs 1,293.9 crore increased by 4.7% compared to corresponding period last fiscal. Rain Industries: The calcined petroleum coke producer has registered a 62% year-on-year decline in consolidated profit at Rs 105.3 crore for quarter ended March FY23, impacted by disappointing operating numbers. Revenue from operations increased 18.4% to Rs 5,253.5 crore compared to same period last year. Shipping Corporation Of India: The company has recorded a 156.3% year-on-year growth in consolidated profit at Rs 379.91 crore for March FY23 quarter, backed by robust operating performance. Revenue from operations grew by 8.3% YoY to Rs 1,418.1 crore in quarter ended March FY23. Eveready Industries India: The battery and lighting products manufacturer has narrowed its loss to Rs 14.4 crore for quarter ended March FY23, from Rs 38.4 crore in same period last year. Revenue from operations for the quarter at Rs 286.2 crore grew by 18.6% over a year-ago period.

Results on May 10: Larsen & Toubro, Dr Reddy's Laboratories, Bosch, Escorts Kubota, Godrej Consumer Products, BASF India, Cera Sanitaryware, Chambal Breweries & Distilleries, Gujarat Gas, HG Infra Engineering, JBM Auto, Novartis India, Orchid Pharma, Procter & Gamble Hygiene & Health Care, Pricol, Relaxo Footwears, Sanofi India, Venky's India.

Results on May 10: Larsen & Toubro, l Dr Reddy's Laboratories, Bosch, Escorts Kubota, Godrej Consumer Products, BASF India, Cera Sanitaryware, Chambal Breweries & Distilleries, Gujarat Gas, HG Infra Engineering, JBM Auto, Novartis India, Orchid Pharma, Procter & Gamble Hygiene & Health Care, Pricol, Relaxo Footwears, Sanofi India, Venky's India.