Top stocks in focus: Infosys, Sun Pharma, Power Grid, ITC, Grasim

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

February 12, 2021 8:13 IST

  • Infosys to invest additional $1M in ideaForge Technology Private Limited, a leading Unmanned Arial Vehicles (UAV) systems manufacturer known for rugged and high-precision UAV systems.

  • SEBI on Thursday issued Settlement Orders in respect of adjudication proceedings initiated pursuant to the show cause notices issued by SEBI on May 19, 2020 to Sun Pharmaceutical Industries Limited, and the Whole-time Directors and certain officers at the relevant time. The aggregate settlement charges were ~Rs2.92cr.

  • Power Grid Corporation witnessed higher consolidated profit at Rs3,367.7cr in Q3FY21 against Rs2,672cr in Q3FY20, revenue increased to Rs10,142.5cr from Rs9,364.4cr yoy.

  • ITC reported lower consolidated profit at Rs3,587.09cr in Q3FY21 against Rs4,050.4cr in Q3FY20, revenue rose to Rs14,124.48cr from Rs13,307.54cr yoy.

  • Grasim Industries will announce its financial quarterly results on Friday.

  • NHPC’s board approved the proposal for taking over of 2% equity share of PTC India Limited (PTC) in Chenab Valley Power Projects.

  • Prism Johnson rationalised 49 workers at one of its tile manufacturing facilities located at Kunigal, Karnataka during January-February 2021.

  • Ashok Leyland posted loss at Rs19.4cr in Q3FY21 against profit of Rs27.7cr in Q3FY20, revenue rose to Rs4,813.5cr from Rs4,015.6cr yoy.

  • ACC recorded sharply higher consolidated profit at Rs472.4cr in October-December quarter 2020 against Rs273.3cr in October-December quarter 2019, revenue rose to Rs4,144.7cr from Rs4,060.3cr yoy.

  • Prestige Estates Projects reported sharply lower consolidated profit at Rs87.8cr in Q3FY21 against Rs216.4cr in Q3FY20, revenue fell to Rs1,847.6cr from Rs2,680.9cr yoy.

  • Oil India witnessed a higher consolidated profit at Rs889.69cr in Q3FY21 against Rs709.39cr in Q3FY20, revenue fell to Rs2,137.34cr from Rs2,957.19cr yoy.