Stocks that are likely to record significant movement on bourses today
ITD Cementation: The company is pleased to announce the successful completion of the entire tunnel boring machine (TBM) work by ITD - ITD CEM JV (of which, the company is a JV partner) in Kolkata Metro East-West Corridor with the breakthrough of TBM ‘Urvi’ at Bowbazar (Kolkata).
Tanla Platforms: Tanla’s growth in business for the quarter was propelled by 68 new customer wins. Tanla and its subsidiaries also added a total of 259 customers during the year that bolstered the company’s revenue by Rs 95 crore.
Clariant Chemicals: The company reported profit before exceptional item & tax of Rs 58.07 crore for the year ended March 31, 2021, as compared to Rs 34.29 crore in the similar previous year period, witnessing a significant growth of 69 per cent, for our continuing business. Sales in this period declined by 3.5 per cent at Rs 730.77 crore as against Rs 757.28 crore in similar period of the previous year, impacted by the COVID nationwide lockdown in the initial months.
Time Technoplast: The company is pleased to announce that Petroleum & Explosives Safety Organisation (PESO) formally notified its approval for type-4 composite cylinders for onboard application for the range of cylinders. Bureau Veritas has also confirmed its approval through a separate communication.
BSE: Dun & Bradstreet India has signed an MoU with BSE to foster MSME growth in India.
Kaya Ltd: The company reported its consolidated revenue from operations of Rs 89.2 crore for the quarter ended March 31, 2021, which is a growth of 2 per cent over the corresponding quarter ended March 31, 2020.
Heritage Foods: Brahmani Nara, Executive Director of the company said, “As a result of improved profitability for FY2021, Heritage Foods has managed to reduce its debt significantly, and the board has recommended a final dividend of 100 per cent. The company continues with its efforts of enhancing value-added product portfolio and launched Mozzarella and processed cheese, fresh cream, cool café drink, and further expanded its ice cream portfolio.
TCI Express: The company incurred a total Capex of Rs 55 crore towards two sorting centres. The construction of Pune sorting centre is completed, and the company is waiting for regulatory approval whereas the construction of Gurgaon sorting centre is expected to be operational by Q3FY2022.
NBCC (India) Ltd: The company has been awarded the work order for comprehensive design, engineering & project management consultancy (PMC) services for the construction & development of infrastructural facilities in the main campus of National Institute of Technology, Uttarakhand at Sumari (Pauri Garhwal). NBCC is the project management consultant for this project, which is worth Rs 596.75 crore.