*🌹India Daybook – Stocks in News*
*Gujarat Gas:* Net profit rose to Rs 350.86 crore from Rs 250.46 crore, while revenue jumped to Rs 3,489.31 crore from Rs 2,722.17 crore, YoY. (Positive)
*NGL Fine-Chem:* Net profit of Rs 13.83 crore in Q4FY21 against a loss of Rs 0.2 crore in Q4FY20 while revenue jumped to Rs 71.77 crore from Rs 35.44 crore YoY. (Positive)
*Sugar Stocks:* OMCs have on 25-May floated their 4th cycle of EOI, inviting bids from ethanol producers for another about 26 crore litres of ethanol. (Positive)
*IRB Infra:* HDFC Mutual Fund Bought 24.62 lakh shares. (Positive)
*Route:* Announced an agreement with Emirates Integrated Telecommunications Company (EITC) (Positive)
*IOB:* To consider Preferential Issue of share (Positive)
*ITC:* Net profit fell 1.3 percent to Rs 3,748.4 crore from Rs 3,797 crore, revenue jumped 22.6 percent to Rs 13,294.66 crore from Rs 10,842.28 crore, YoY. (Neutral)
*Infosys:* Sebi has barred eight entities, including two employees of Infosys, from the securities market for indulging in insider trading activities in the shares of the IT major. (Neutral)
*Hero MotoCorp:* The company sold 1,83,044 units of two-wheelers in May 2021, against 1,12,682 units sold in May 2020. (Neutral)
*Eicher Motors:* Royal Enfield sold 27,294 motorcycles in May 2021, against 19,113 motorcycles sold in May 2020. (Neutral)
*Delta Corp:* The casinos operated by the company and its subsidiaries in Goa will remain closed till June 07 due to the extension of restrictions in the state. (Neutral)
*Union Bank:* The bank has nominated A K Vinod as its chief compliance officer (Neutral)
*Welspun Corp:* The company said owing to the pandemic and the lockdown conditions, the work relating to regulatory approvals for the sale of PCMD division got delayed beyond May 31, 2021. (Negative)
*Gujarat Gas:* Net profit rose to Rs 350.86 crore from Rs 250.46 crore, while revenue jumped to Rs 3,489.31 crore from Rs 2,722.17 crore, YoY. (Positive)
*NGL Fine-Chem:* Net profit of Rs 13.83 crore in Q4FY21 against a loss of Rs 0.2 crore in Q4FY20 while revenue jumped to Rs 71.77 crore from Rs 35.44 crore YoY. (Positive)
*Sugar Stocks:* OMCs have on 25-May floated their 4th cycle of EOI, inviting bids from ethanol producers for another about 26 crore litres of ethanol. (Positive)
*IRB Infra:* HDFC Mutual Fund Bought 24.62 lakh shares. (Positive)
*Route:* Announced an agreement with Emirates Integrated Telecommunications Company (EITC) (Positive)
*IOB:* To consider Preferential Issue of share (Positive)
*ITC:* Net profit fell 1.3 percent to Rs 3,748.4 crore from Rs 3,797 crore, revenue jumped 22.6 percent to Rs 13,294.66 crore from Rs 10,842.28 crore, YoY. (Neutral)
*Infosys:* Sebi has barred eight entities, including two employees of Infosys, from the securities market for indulging in insider trading activities in the shares of the IT major. (Neutral)
*Hero MotoCorp:* The company sold 1,83,044 units of two-wheelers in May 2021, against 1,12,682 units sold in May 2020. (Neutral)
*Eicher Motors:* Royal Enfield sold 27,294 motorcycles in May 2021, against 19,113 motorcycles sold in May 2020. (Neutral)
*Delta Corp:* The casinos operated by the company and its subsidiaries in Goa will remain closed till June 07 due to the extension of restrictions in the state. (Neutral)
*Union Bank:* The bank has nominated A K Vinod as its chief compliance officer (Neutral)
*Welspun Corp:* The company said owing to the pandemic and the lockdown conditions, the work relating to regulatory approvals for the sale of PCMD division got delayed beyond May 31, 2021. (Negative)