Stocks to track in trade for May 5, 2021: Adani Ports, RBL Bank, Adani Total Gas, Greaves Cotton, HAL
Adani PortsAdani Ports Q4 PAT was up 285% at Rs 1,287.81cr on Rs 1,004cr forex loss in the March-20 quarter. The Company reported 23.4% YoY growth in consolidated sales revenues for the Mar-21 quarter at Rs3,607cr. The Port revenue was up 30% in Q4. RBL Bank The Q4 profits were down 34% YoY at Rs75.7 cr due to spike in loan loss provisions. The Net Interest Income de grew by 11% and came in at Rs 906 cr. The CASA deposits were up 36% YoY and the composition of CASA in the total deposit base now stands at 31.8%.Adani Total GasThe company reported a 19 per cent YoY rise in its profit as the firm expanded operations in newer geographies, resulting in higher sales volumes. The revenue grew by 25.3% YoY and came in at Rs 614.47 cr. The company reported an EBITDA of Rs 244 cr for the March quarter.Greaves Cotton The Company reported 35% YoY increase in its revenues for the Mar-21 quarter at Rs 520.40cr. Company reported sharp spike in net profits at Rs13.65cr. The sharp boost to top line revenues was largely instrumental in the boost to the bottom line. P&G Health & Hygiene The company reported a 16% revenue growth in the March quarter at 759 cr. The profit grew by 7.94% at Rs 98.33 cr as profitable growth was driven by superior product mix, higher productivity and constructive market disruption. HAL The company and Rolls-Royce have signed MoU to establish packaging, installation, marketing and services support for Rolls-Royce MT30 marine engines in India.