Overnight Digest: Stocks to watch out on August 2
Here are the stocks to look out on August 2 include NCC, Marico, Sadbhav Infrastructure, Wipro and Ceat.
NCC Limited: The company has received two new orders amounting to Rs. 503.80 crore together from Railway Division and Building Division.
Marico Limited: For Q1FY20, Marico posted consolidated revenue of Rs. 2,166 crore which is an increase by 6.86 per cent YoY. Net profit grew by 22 per cent to Rs. 315 crore in Q1FY20 from Rs. 259 crore in Q1FY19.
Sadbhav Infrastructure Project Limited: The company’s subsidiary DTPL has received an arbitration award against NHAI amounting to Rs. 56.39 crore which also includes the interest of Rs. 12.44 crore.
Wipro Limited: Wipro has launched a co-innovation centre in partnership with Amazon Web Services (AWS).
CEAT: In Q1FY20, Ceat has reported a rise of 11.71 per cent in net profit at Rs. 86.99 crore. Total income increased marginally by 1.39 per cent YoY to Rs. 1,718.43 crore.