Home Entertainment Top stocks in focus: Zee Entertainment Enterprises, Bajaj Finance, Cipla, Axis Bank, Kotak Bank

Top stocks in focus: Zee Entertainment Enterprises, Bajaj Finance, Cipla, Axis Bank, Kotak Bank

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Top stocks in focus: Zee Entertainment Enterprises, Bajaj Finance, Cipla, Axis Bank, Kotak Bank

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Stocks In Focus

Zee Entertainment Enterprises announced that the firm’s financial results for the second quarter has been cancelled due to lack of quorum.

Bajaj Finance reported a 53.48% yoy rise in net profit at Rs1,480.99cr compared with Rs964.88cr in the same quarter last year.

Cipla garnered a consolidated net profit rose 7.57% yoy to Rs712cr for the September quarter compared with Rs661.85cr in the corresponding quarter last year.

Axis Bank registered an all-time high standalone net profit of Rs3,133cr in Q2FY22, an increase of 86% from Rs1,682cr, a year ago. The profitability was on the back of mainly o of accelerating loan growth in focus segments, limited restructuring, and improving asset quality.

Kotak Mahindra Bank in Q2FY22 reported a 7% yoy fall in standalone net profit at Rs2,032cr compared with Rs2,184cr posted in the corresponding quarter last year.

Ambuja Cement reported consolidated net profit of Rs890.89cr in Q2FY22, up 11% yoy as against Rs803.55cr reported a year earlier on the back of high sales revenue.

Firstsource Solutions has partnered with Eco-Mail to strengthen workflow digitisation for health plans amidst permanent shift to a remote workforce.

IDFC: IDFC Financial Holding Company writes to IDFC First Bank informing it on value unlocking plans. IDFC Financial Holding Company holds 36.50% equity in IDFC First Bank.

Results today: Adani Ports And Sez, Larsen & Toubro, Maruti Suzuki India, Bajaj Auto, Titan Company, ITC, IndusInd Bank, Adani Enterprises, SBI Life Insurance Company, Indian Overseas Bank, Punjab National Bank, Lupin, United Breweries, United Spirits, Poonawalla Fincorp, Aegis Logistics, Balaji Amines, Cummins India, Happiest Minds Technologies, Tata Chemicals, Torrent Power, Dalmia Bharat, Deepak Nitrite, Shriram City Union Finance, Aarti Drugs, Apollo Tricoat Tubes, Arvind, Asahi India Glass, Astec Lifesciences, Greenpanel Industries, KEC International, KEI Industries, Welspun India, HIL, IIFL Finance, IIFL Wealth Management, Oracle Financial Services Software, Lakshmi Machine Works, India Grid Trust, KPR Mill, JK Paper, Mahindra Logistics, MAS Financial Services, MMTC, Phillips Carbon Black, Praj Industries, PSP Projects, Raymond, Reliance Power, Sagar Cements, SIS, SKF India, Sona BLW Precision Forgings, Tube Investments of India, TTK Prestige, Vaibhav Global, Vardhman Textiles

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