Top stocks that are likely to remain in limelight today

ONGC: ONGC Videsh consortium LNG project in Mozambique has been put on hold due to force majeure.  

Biocon: Biocon Biologics’ new monoclonal antibodies manufacturing facility wins ISPE’s 2021 Facility of the Year Honorable Mention Award.  

Maruti Suzuki: The company will shut down its factories in Haryana to make oxygen available for medical needs while a similar decision has been taken by Suzuki Motor Gujarat.   

Premier Explosives: The company has informed about the termination of the order bagged for the supply of HMX & RDX derivatives from Elmas Savunma Sanayii Ve Havacilik Ticaret Ltd, Ankara (Turkey), which was intimated to stock exchanges on November 27, 2019, due to difficulty in obtaining licence from the Government of India for the export of the said products to Turkey.  

Trident: The company has issued commercial paper worth Rs 50 crore.   

KPIT Technologies: The company’s Q4FY21 USD revenue grew by 6.8 per cent sequentially while its net profit growth stood at 11.9 per cent sequentially. The sequential growth of 6.8 per cent was led by connected vehicles and autonomous driving. Its full-fledged execution started on all large engagements won earlier. The company witnessed an operating margin (EBITDA) expansion of 150 bps despite rupee appreciation. Improvement in utilisation, offshore revenues, and revenue growth helped expand margins further. It reported net profit growth of 11.9 per cent sequentially despite higher forex conversion loss due to rupee appreciation. Meanwhile, lower depreciation and higher yields on cash were also seen during the quarter.   

GHCL: The company recommended a dividend of Rs 5.5 per share for the financial year ended March 31, 2021.   

Gayatri Highways: The company is planning to sell 36.99 per cent stake in HKR Roadways to Kotak Special Situations Fund.   

Wockhardt: The company allots 7,500 NCDs, raises Rs 75 crore.   

Key results to be announced today: AU Small Finance Bank, Bajaj Auto, Ambuja Cements, Exide Industries, L&T Finance Holdings, Laurus Labs, Hindustan Unilever, Rain Industries, and Titan Company.