Share Market News July 15: HCLTech, DMart, Alembic Pharma, KPR Mill, other stocks to track on Monday

Alembic Pharmaceuticals, KPR Mill, Siyaram Silk Mills, Duncan Engineering, Gujarat Themis Biosyn, India Motor Parts & Accessories, NDR Auto Components, Rane Brake Lining, and ZF Commercial Vehicle Control Systems India shares are scheduled to trade ex-dividend on Monday. 

HCLTech has registered a 6.8 per cent sequential increase in its net profit to Rs 4,257 crore for the June quarter.

 

 

Zee Business analysts had pegged the IT major's quarterly net profit at Rs 3,800 crore. 

 

The company for the April-June quarter reported in-line performance with revenue increasing 18 per cent on-year, while margins came in flat at 8.9 per cent. 

 

The renewable sector PSU came up with good results for the April-June quarter. Nonetheless, PAT at the company grew 8 per cent on-year, while net interest income swelled 38 per cent. The gross NPA at the company also moderated to 2.19 per cent in the reporting quarter.

 

Both Swiggy and Zomato have increased platform fees by 20 per cent. The rates have been hiked in Delhi and Bengaluru from Rs 5 to Rs 6.

The company's Gujarat-based Dabhasa manufacturing facility has got the EIR or Establishment Inspection Report from the USFDA. EIR is nothing but the elaborate detailing of what the FDA inspector did during the inspection from the initial introduction stage till the final handover of the observation.

The company has bagged another order from the Central Railways for Rs 132.59 crore for the “OHE modification work for up-gradation of existing 1 x 25 kV Electric Traction System to 2 x 25 kV AT feeding System in Wardha-Ballarshah section in Nagpur division.

The company's board meeting is scheduled for July 18 wherein they will mull over the share buyback.