Keep your eyes glued on these seven stocks on Monday!
Yes Bank: The bank reported profit at Rs 207 crore in Q1FY22, which is the highest since December 2018. Provisions stood lower by 87.7 per cent QoQ, the lowest since December 2018. Besides, the net interest income was reported at Rs 1,402 crore while the net interest margin (NIM) stood at 2.1 per cent.
JSW Steel: The company has entered into a share subscription agreement with JSW Paints.
Jubilant Pharmova: The board of directors of Jubilant Pharmova Limited (JPM) at its meeting held has approved the demerger of the active pharmaceutical ingredients (API) undertaking of Jubilant Generics Limited (JGL - a wholly-owned subsidiary of the company) and vesting of the same with JPM, on a going concern basis (proposed demerger), to be implemented through a scheme of arrangement between JGL & JPM and their respective shareholders as well as creditors.
Wipro: Wipro has been recognised as 2021 Microsoft Modernising Applications Partner of the Year.
Kohinoor Foods: The company has received an email, enclosed with a letter from the lead consortium lender stating that the company's one-time settlement proposal (OTS) has been sanctioned.
NTPC: The completion of the trial operation by 800 MW capacity units of Darlipali Super Thermal Power Project of NTPC.
SBI Cards & Payment Services: For the quarter ended June 30, 2021, the total income stood at Rs 2,451 crore for Q1FY22 as against Rs 2,196 crore for Q1FY21. Finance costs decreased by 16.6 per cent to Rs 229 crore for Q1FY22 from Rs 275 crore for Q1FY21. The total operating cost is Rs 1,166 crore for Q1FY22 from Rs 907 crore for Q1FY21. Earnings before credit costs increased 4 per cent to Rs 1,056 crore for Q1FY22 from Rs 1,014 crore of Q1FY21. Profit after tax stood at Rs 305 crore for Q1FY22 vs Rs 393 crore for Q1FY21.