Top stocks in focus: Auro Pharma, Magma Fincorp, Eicher Motors, ACC, Coal India, ITC, Power Grid

Check out the stocks that will be in focus during trade today based on recent and latest news developments.

February 11, 2021 7:35 IST

  • Aurobindo Pharma recorded a sharp rise in profit at Rs2,946.3cr in Q3FY21 against Rs705.3cr in Q3FY20, revenue rose to Rs6,364.9cr from Rs5,895cr yoy.

  • Magma Fincorp announces that Rising Sun Holdings, a company controlled by Adar Poonawalla, to acquire a controlling stake in Magma Fincorp, through a preferential allotment and open offer route.

  • Eicher Motors Net profit rose 6.80% to Rs532.59cr in the quarter ended December 2020 as against Rs498.70cr during the previous quarter ended December 2019.

  • ACC, Coal India, ITC, Power Grid stocks are in focus as they announce their quarterly financial results on Thursday.

  • Happiest Minds Technologies Q3FY21: PAT stood at Rs42.15cr with a growth of 23.7% qoq and 97.1% yoy respectively.

  • Mirchi revenues grow 80% sequentially on digital push, festive season. EBITDA, PAT turns positive.

  • Cupid Q3FY21: Net profit stood at Rs95.0 mn for Q3FY21 as compared to Rs102.1 mn in the corresponding period of the previous year.

  • NLC India Q3FY21: Consolidated Profit after tax was at Rs183.15cr as against Rs400.15cr in the corresponding period of the previous year.

  • MAS Financial Services reports profit after tax for quarter ended December 31, 2020 is Rs35.18cr - a contraction of 25.16% over the corresponding period of the previous year.

  • Bata India witnessed lower profit at Rs26.4cr in Q3FY21 against Rs118.2cr in Q3FY20, revenue fell to Rs615.6cr from Rs830.8cr yoy.

  • Indraprastha Gas reported a higher profit at Rs381.8cr in Q3FY21 against Rs297.4cr in Q3FY20, revenue declined to Rs1,446.2cr from Rs1,664.2cr yoy.

  • Bank of India: CCI approved acquisition of BOI AXA Invst Managers & BOI AXA Trustee Services by Bank of India.

  • Titan Company reported lower standalone profit at Rs419cr in Q3FY21 against Rs470cr in Q3FY20, revenue rose to Rs7,287cr from Rs6,206.2cr yoy.

  • SpiceJet posted a standalone loss of Rs56.95cr for the quarter ended December 2020 against a profit in the corresponding period was at Rs73.2cr.