The domestic equity markets on Thursday, June 17, 2021, declined amid weak cues from global equity markets. The Sensex ended below the 52,000-mark while the Nifty slipped below the 15,700 level. The Sensex at Bombay Stock Exchange fell 179 points, or 0.34 per cent, to close at 52,323. The Nifty at the National Stock Exchange also depreciated 76 points, or 0.5 per cent, to settle at 15,691. But certain stocks came in the news after the market was closed. These stocks can impact the indices, when it reopens Friday, June 18, 2021. List of such five stocks:

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Power Grid + Natco Pharma + Tube Investments 

Power Grid: The state-owned electric utility company has reported a 10% YoY rise in the standalone profit at Rs 3,516 crore for the quarter ended March 31, 2021. It had posted a profit of Rs 3,183 crore in the corresponding quarter of the previous financial year. The revenue grew 2.4% to Rs 9,942 crore in the reported quarter compared to Rs 9,704 crore posted last year. The EBITDA stood at Rs 8,746 crore, up 8% from Rs 9,704 crore posted last year. The margins improved to 87.9% in Q4FY21 compared to 83% posted in Q4FY20. Besides, the board has declared a final dividend of Rs 3 per share. This is in addition to the first interim dividend of Rs 5 per equity share. It also approved the issue of bonus shares in the ratio of 3:1.
Natco Pharma: The pharmaceutical company has reported a 43% YoY decline in the consolidated profit at Rs 53 crore for the quarter ended March 31, 2021. It had posted a profit of Rs 93 crore in the corresponding quarter of the previous financial year. Sales dropped 27% YoY to Rs 331 crore compared to Rs 455 crore posted last year. EBIDTA fell 41% to Rs 76 crore compared to Rs 129 crore posted last year. Margin dropped to 2.9% in Q4FY21 compared to 28.3% posted in Q4FY20. 
Tube Investments: The engineering company has reported a 144% YoY jump in the profit at Rs 144 crore for the quarter ended March 31, 2021. It had posted a profit of Rs 59 crore in the corresponding quarter of the previous financial year. The sales rose 165% to Rs 2,733 crore from Rs 1,031 crore posted last year. The EBITDA grew 137.5% YoY to Rs 646 crore compared to Rs 272 crore posted last year. The margin declined to 23.6% in Q4FY21 compared to 26% posted in Q4FY20. Besides, the board has recommended a final dividend of Rs 1.50 per share. It also approved a fundraising plan of Rs 200 crore. AGM is scheduled for August 13, 2021.  

IPOs Update

Dodla Dairy: The initial public offering (IPO) of Dodla Dairy was subscribed 3.3 times on the second day of subscription. The retail portion was subscribed 2.87 times while the QIB and NII portion was subscribed 0.21 times and 0.29 times, respectively. The integrated dairy company seeks to raise Rs 520.18 crore through the public offer. The price band has been fixed at Rs 421-428 per equity share. 
Krishna Institute of Medical Sciences: The initial public offering (IPO) of Krishna Institute of Medical Science Ltd.’s (KIMS Hospitals) was subscribed 0.56 times on the second day of subscription. The retail portion was subscribed 1.03 times, while the QIB and NII were subscribed 0.3 times and 0.04 times, respectively. The employee portion was subscribed 0.5 times. KIMS seeks to raise up to Rs 2,143.74 crore through the public offer. The price band for the offer has been fixed at Rs 815-825 per equity share. 

SBI Cards: Carlyle is looking to sell a 5.1% stake (4.8 crore share) in SBI Cards and Payment Services at Rs 1,002-1,041.30 per share, which is at a discount of 1%-4.7% on the current market price (CMP) of Rs 1,050 per share, through a block deal today. The block deal will fetch around Rs 5,000 crore and with this Carlyle’s stakes will be reduced to 6.51% from 11.61%. 

GATI Ltd.: The Board of Directors of GATI Ltd have approved the allotment of 10,23,020 equity shares on a preferential basis having a price of Rs. 97.75 per Equity Share

Block/Bulk Deals 

Advanced Enzyme Technologies: Plutus Wealth Management LLP acquired 11 lakh equity shares at Rs 400.06 per share. Promoter Advanced Vital Enzymes sold 14 lakh equity shares at Rs 400.17 per share (NSE). Promoter Advanced Vital Enzymes sold 17 lakh shares at Rs 400.43 per share (BSE).
Globus Spirits: Templeton Strategic Emerging Markets Fund IV LDC remained seller from the month of May. Sold 8.93 lakh equity shares at Rs 490.16 per share. Old Bridge Capital Management acquired 7.25 lakh equity shares at Rs 495.02 per share 
Max Financial Services: Max venture sold 78.28 lakh share of Max Financial Services at Rs 1,000.8 per share. The government of Singapore bought 60.13 lakh equity shares in Max Financial at Rs 1,000 per share 
Greenlam Industries:  Promoter Greenply Leasing & Finance bought 1.30 lakh shares (0.54%) at Rs 1,165 per share. Promoter Saurabh Mittal sold 1.30 lakh shares (0.54%) at Rs 1,165 per share. 
Bengal & Assam Company: Promoter Hari Shankar Singhania Holdings sold 72,600 shares (0.64%) at Rs 1,655.01 per share. 
HEG: Promoter Purvi Niyojan bought 1 lakh shares (0.26%) at Rs 2,180 per share. Promoter Riju Jhunjhunwala sold 1 lakh shares (0.26%) at Rs 2,180 per share.