The stock markets recovered from the steep losses of the morning trades and ended with gains on Monday, June 21, 2021. The S&P BSE Sensex rose 230 points or 0.44% to end at 52,574.46. The Nifty 50 index climbed 63 points or 0.40% to end at 52,574.46. But certain stocks came in the news after the market was closed. These stocks can impact the indices, when it reopens on Tuesday, June 22, 2021. List of such five stocks:

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Oil India + TCNS + MM Forgings + Rana Siugars + VST Tillers 

Oil India: Natural Gas Liquids Company reported a 32% QoQ decline in the net profit at Rs 950 crore for the quarter ended March 31, 2021. It had posted a profit of Rs 1,399 crore posted in the previous quarter ended December 31, 2021. Revenue from operations grew 3% QoQ to Rs 6,504 crore compared to Rs 6,329 crore posted in the previous quarter. The net sales grew 2% QoQ to Rs 4,499 crore compared to Rs 4,431 crore posted in the December quarter. EBITDA dropped 63% to Rs 1,886 crore compared to Rs 1,160 crore posted in the previous quarter. EBITDA margin improved to 41.9% in Q4FY21 compared to 26.2% posted in Q3FY21. 

TCNS Clothing: TCNS on Monday reported a year-on-year (YoY) profit of Rs 3.87 crore for the quarter ended March 31, 2021. It had posted a loss of Rs 23.7 crore in the corresponding quarter of the previous financial year. On a quarter-on-quarter (QoQ) basis, the company’s profit fell 70% from Rs 12.6 crore posted in the December quarter. Revenue from operations grew 1% to Rs 221 crore as compared to Rs 219 crore posted last year. Sequentially, the revenue dropped by 7% from Rs 237 crore posted last year. It posted a positive EBITDA of Rs 23 crore against a negative EBITDA of Rs 4.8 crore posted last year. Sequentially, the EBITDA dropped 40% from Rs 38 crore posted in the previous quarter. The margin stood at 10.4% in Q4FY21. It posted a margin of 16% in Q3FY21. 

MM Forgings: The company has reported 7.8 times YoY rise in the consolidated profit at Rs 34.12 crore for the quarter ended March 31, 2021. It had posted a profit of Rs 3.05 crore in the corresponding quarter of the previous financial year. The revenue from operations grew 76% to Rs 293 crore as compared to Rs 166 crore posted last year. The EBITDA grew 2.5 times to Rs 59.5 crore compared to Rs 24 crore posted last year. The margin improved to 20% in Q4FY21 compared to 14.4% posted last year. The board has declared an interim dividend of Rs 5 per share. The Record Date for payment of Dividend will be July 2, 2021. 

Rana Sugars: The sugar manufacturer has reported a 70% YoY decline in the profit at Rs 73 crore for the quarter ended March 31, 2021. It had posted a profit of Rs 247 crore in the corresponding quarter of the previous financial year. The company has reported 2.3 times YoY rise in the adjusted profit at Rs 73 crore from Rs 31 crore posted last year. Revenue from operations dropped 2% to Rs 513 crore as compared to Rs 523 crore posted last year. EBITDA stood at Rs 88 crore, up 3.6 times from Rs 24 crore posted last year. Margins improved to 17% in Q4FY21 compared to 4.5% posted in Q4FY20. It had an exceptional item of Rs 223 crore last year.  

VST tillers: The manufacturer of power tiller has reported a YoY profit of Rs 12.93 crore for the quarter ended March 31, 2021. It had posted a loss of Rs 3.3 crore in the corresponding quarter of the previous financial year. The revenue from operations grew 61.6% to Rs 194 crore as compared to Rs 120 crore posted last year. It posted a positive EBITDA of Rs 7.8 crore in the period under consideration as compared to an EBITDA loss of Rs 6.46 crore posted last year. The margin stood at 4% in the Q4FY21. The board has recommended a final dividend of Rs. 20 per share. 

Indian Bank + Brigade Enterprises 

Indian Bank: State-owned Indian Bank on Monday launched its qualified institutional placement (QIP) of shares to raise around Rs 4,000 crore, setting the floor price at Rs 142.15 per share (2% discount at CMP of Rs 145.45). "The bank may offer a discount of up to 5 per cent on the floor price in the QIP. Further, a meeting of the committee is scheduled to be held on June 24, 2021, to consider and approve the issue price.  

Brigade Enterprises: The real estate development company has launched its qualified institutional placement (QIP) of shares at a floor price of Rs 276.50 per share. The company can offer a discount of up to 5% on the floor price. The Committee of Directors is scheduled to meet on June 25, 2021, to approve the issue price

United Breweries: Fair trade regulator CCI on Monday said it has approved Heineken International B.V's proposed acquisition of an additional equity stake in United Breweries Ltd (UBL).

PNB Housing: The Securities Appellate Tribunal (SAT) on Monday allowed PNB Housing Finance to go ahead with the extraordinary general meeting (EGM) scheduled for June 22, 2021. However, the tribunal said the results of the voting were not to be disclosed. The next hearing is scheduled for July 5, 2021. The HFC has to reply to SEBI by June 26, 2021. 

3i Infotech + NIIT 

3i Infotech: SREI Multiple Asset Investment Trust Sold 2.5 Cr Shares at 11/sh 
NIIT: Pace Education and Financial Services sold 7.58 lakh shares at Rs 264.10 per share.