By Malvika Gurung
Investing.com -- Life Insurance Corporation (NS:LIFI): The highly-awaited insurance behemoth will finally make its debut on the Indian exchanges on Tuesday.
Ambuja Cements (NS:ABUJ), ACC Ltd (NS:ACC): The Adani (NS:APSE) Group has announced to make an open offer for acquiring a 26% stake each in the two cement manufacturers from public shareholders.
KEC International (NS:KECL): The construction engineering company has secured new orders worth Rs 1,150 crore across various business lines.
Aditya Birla Capital (NS:ADTB): The financial services company’s MD & CEO Ajay Srinivasan has decided to step down and will take on a new role within the group, stated the company. It received a complaint wherein certain allegations were made about Aditya Birla Sun Life AMC and its employees.
SJVN (NS:SJVN): The state-owned power generation company signed an MoU for the development of the 490 MW Arun-4 hydro electric project in Nepal, with the expected cost of the project at Rs 4,900 crore.
Raymond (NS:RYMD): The company’s net profit jumped 349.15% YoY to Rs 265 crore in the March quarter, while revenue gained 44% YoY to Rs 1958 crore, and EBITDA surged 84% YoY to Rs 285 crore.
Elgi Equipments (NS:ELGE): The company’s consolidated PAT surged 68.4% YoY to Rs 73.1 crore in Q4 FY22, and in the financial year it surged 74.5% YoY to Rs 178.4 crore.
Companies including Bharti Airtel (NS:BRTI), Bajaj Electricals (NS:BJEL), Indian Oil Corporation (NS:IOC), DLF (NS:DLF), PI Industries (NS:PIIL), Zydus Wellness (NS:ZYDS), and Dr Lal PathLabs (NS:DLPA), among others, will release their March ending earnings report on Tuesday.