Trending Stocks: Asian Paints, HUL, PNB, Bajaj, Havells and others in news today

Asian Paints

The company has reported a fall of 14.10% in its net profit at Rs 1020.26 crore for the quarter under review as compared to Rs 1187.76 crore for the same quarter in the previous year. However, the total income of the company increased by 26.72% at Rs 7595.87 crore for Q3FY22 as compared to Rs 5994.14 crore for the corresponding quarter previous year.

Hindustan Unilever 

The company reported a higher profit at Rs 2,243 crore in Q3FY22 against Rs 1,921 crore in Q3FY21, revenue jumped to Rs 13,092 crore from Rs 11,862 crore YoY.

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Bajaj Finserv

The company has reported a 20 fold jump in its net profit at Rs 168.50 crore for the quarter under review as compared to Rs 8.40 crore for the same quarter in the previous year. Total income of the company reported over 5- fold jump at Rs 271.63 crore for Q3FY22 as compared to Rs 46.67 crore for the corresponding quarter previous year.

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VST Industries 

The company reported a higher profit at Rs 82.72 crore in Q3FY22 against Rs 73.71 crore in Q3FY21, revenue rose to Rs 431.48 crore from Rs 380.4 crore YoY.

Infosys 

The company has been recognized by Top Employers Institute among the Global Top Employers for the second consecutive year. Infosys was ranked number 1 Top Employer in India, in recognition of its best-in-class people practices and consistency in delivering employee experience globally.

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Container Corporation of India

The company reported a higher consolidated profit at Rs 283.39 crore in Q3FY22 against Rs 233.07 crore in Q3FY21, revenue jumped to Rs 1,938.03 crore from Rs 1,766.89 crore YoY.

Data Patterns (India) 

The company has received a development order worth Rs 27 crore from Defence Research and Development Organization (DRDO) for the next generation wideband RF front end units for Electronic Warfare (EW) receivers.

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Havells India 

The company reported a lower consolidated profit at Rs 305.82 crore in Q3FY22 against Rs 350.14 crore in Q3FY21, revenue jumped to Rs 3,664.21 crore from Rs 3,175.2 crore YoY.

Vedanta Resources Ltd 

The company plans to create a $10 billion fund to bid for assets including the Indian government’s stake in Bharat Petroleum Corp Ltd (BPCL), its chairman told Reuters on Thursday.

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Vimta Labs 

The company reported a higher consolidated profit at Rs 11.68 crore in Q3FY22 against Rs 8.07 crore in Q3FY21, revenue rose to Rs 67.34 crore from Rs 58.67 crore YoY.

PNB Housing Finance Limited 

The company reported a net profit after taxes (PAT) of Rs 651.96 crore and a net profit margin of 13.78% for the quarter ended December 31, 2021. In its quarterly earnings report, the company reported gross non-performing assets (GNPAs) of 7.64% and net NPAs of 4.87%.

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Cyient 

The company reported a higher profit at Rs 131.8 crore in Q3FY22 against Rs 95.4 crore in Q3FY21, revenue rose to Rs 1,183.4 crore from Rs 1,044.3 crore YoY.

HCL Technologies 

The company has expanded its strategic transformation partnership with AMS OSRAM to digitize one of the optical solutions leader’s key business processes and drive enterprise resource planning and customer relationship management systems standardization across the organization.

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Surya Roshni 

The company received orders of Rs 123.17 crore for ERW line pipe (API SL GRADE) and MS bare pipe 3LPE coated.