Keep your eyes glued on these eleven stocks on Monday!

Equitas Small Finance Bank: Care Ratings has withdrawn its rating on subordinated debt amounting to Rs 30 crore. The rating has been withdrawn on receipt of the request from the issuer, as the subordinated debt has been paid in full.   

National Aluminium Company: The company’s net profit jumped to Rs 347.73 crore in Q1FY22 as against Rs 16.63 crore achieved in Q1FY21. During the quarter, the production of bauxite, alumina and aluminium has been 17.61 lakh tonnes, 5.21 lakh tonnes, and 1.14 lakh tonnes, respectively, compared to 17.10 lakh tonnes, 4.65 lakh tonnes, and 0.98 lakh tonnes, respectively of the last fiscal.  

Indigo Paints: The company’s net profit jumped 38.20 per cent to Rs 11.61 crore as against Rs 8.4 crore in Q1FY21. Despite higher raw material prices, the gross margin expanded by over 1 per cent due to proactive and staggering price hikes affected by the company. EBITDA margins (12.92 per cent) and PAT margins (7.30 per cent) were primarily impacted due to the higher brand-building initiatives undertaken by the company during IPL in April. The company had spent Rs 15.70 crore on advertisements and promotions (A&P) in QI FY22 vs Rs 2.56 crore in Q1FY21.  

Karnataka Bank: Karnataka Bank is empanelled by Reserve Bank of India to act as an ‘agency bank’ to facilitate transactions related to the government’s businesses.  

Sona BLW Precision Forgings: Revenue for the quarter ended June 30, 2021, jumped a staggering 226 per cent YoY to Rs 501 crore. The 19.9 per cent revenue share came from battery EV. PAT was reported to be at Rs 82 crore while the net order book stood at Rs 14,000 crore.   

TCS: TCS has been recognised with an overall positive vendor rating by Gartner®.   

Tata Power: Q1 consolidated PAT went up by 74 per cent at Rs 466 crore as against Rs 268 crore while consolidated EBITDA gained 16 per cent, driven by the overall consistent performance and strong solar EPC order book worth Rs 7,257 crore.   

Asian Granito: The company reported consolidated EBITDA growth of 563 per cent YoY to Rs 25 crore whereas EBITDA margins stood at 9.1 per cent.   

Astral: The company has commenced commercial production of plastic storage tanks at Ghiloth Plant (third plant) in July 2021 (as Aurangabad & Gujarat were already in operations). Construction of the plastic storage tank plant at Hosur (fourth plant) is going on in full swing and is expected to start production by November 2021. PVC prices dropped heavily (15 per cent plus) in Q1 but now trying to stabilise and again due to supply constraints, some upward journey has commenced.  

MTAR Technologies: Revenue from operations stood at Rs 54.0 crore as against Rs 48.7 crore in Q1FY21 with a YoY growth of 10.9 per cent. Profit after tax was reported at Rs 8.7 crore as against Rs 5.3 crore in Q1FY21 with a YoY growth of 63.6 per cent. PAT margins stood at 16.1 per cent.   

Rail Vikas Nigam: Rail Vikas Nigam has secured three projects from National Highways & Infrastructure Development Corporation Limited (NHIDCL).