Stocks in news: Zomato, Apollo Hospitals, LIC, United Breweries

 - Sakshi Post

Apollo Hospitals: Beating market expectations, Apollo Hospitals Enterprises reported a 60% rise in cons net profit at  ₹245 cr

LIC: Standalone profit at Rs 9,444.4 cr, up 49.1% YoY
Net premium income for Q3FY24 at Rs 1.17 lk crore, up 4.7% YoY

Biocon: Cons net profit at Rs 660 cr in Q3FY24 against a loss of Rs 41.8 cr in Q3FY23
Revenue from ops at Rs 3,953.7 cr, up 34.4% YoY 

United Breweries: Standalone net profit at Rs 84.9 cr in Q3FY24, against a loss of Rs 2.1 cr in Q3FY23, backed by healthy operating numbers & higher other income

Zomato: Reported a cons net profit of  ₹138 cr, compared to a net loss of ₹347 cr YoY
Revenue from operations at  ₹3,288 crore, up 69% YoY

Torrent Power: Cons net profit at Rs 359.8 cr, down 47.4% YoY, hit by lower topline & dismal operating nos with higher fuel cost

Results today: Hero MotoCorp, Tata Power, Honasa Consumer, Zydus Lifesciences, Alkem Labs, Bandhan Bank, Campus Activewear, IRFC, MRF, New India Assurance, PI Industries, Shree Renuka Sugars, among others

BHEL: Receives Rs.5,500 cr order to set up 1x800 MW ultra supercritical expansion unit at DCRTPP Yamuna Nagar

Kalyan Jewellers: Goldman Sachs India Eq Portfolio bought 58.5 lk shares

Nomura Funds acquired 54.3 lk shares, while Nomura India Investment Fund Mother Fund bought 1.3 cr shares

Motilal Oswal Midcap fund bought 1.8 cr shares

Highdell Investment sold 6.9 cr shares, selling 6.7% stake in the company

Indiabulls Housing: Cohesion MK Best Ideas Sub-Trust picked up 20 lk shares
Plutus Wealth Management bought 1.1 cr shares 
ACM Global Fund VCC acquired 18.5 lk shares 

Sellers include: Stichting Depositary APG EM Eq Pool, Star Funds SA, VFTC- Institutional Total International Stock Market Index Trust II, Vanguard EM Stock Index Fund

Avalon Technologies: HDFC MF picked up 14.3 lakh shares 
Goldman Sachs India Eq Portfolio sold 14.9 lk shares

Knowledge Marine & Engg: Bandhan MF bought 1.5 lk shares 
Promoter Kanak Sujay Kewalramani sold 1.2 lk shares in the company

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