Indiabulls Housing Finance sells 10% stake in OakNorth Bank for Rs 770 cr to GIC Singapore.
HOEC is the first out of the 31 Cos that signed contracts for fields won in the March auction, to have submitted a field development plan.
Dr Reddy’s Laboratories launches anti-cancer drug in US market.
GAIL: Revenue +4.5% At 12,409.7 Cr. EBITDA +35%.Margin At 16.7% vs 12.9%. Net Profit +42% @ 1,309.6 Cr.
Shreyas Shipping & Logistics:Revenue up 34% at 123.5cr. EBITDA at 26.8cr vs 7.4cr. Margins at 21.7% vs 8%. PAT at 19.7cr vs 2.4cr.
Waterbase: Revenue UP 21% at 96.6cr. EBITDA up 193% at 15.5cr. Margins at 15.5% vs 6.4%. PAT up 276% at 9.4cr.
MOIL: Revenue up 46% at 286.7cr. EBITDA at 116cr vs 18.7cr. Margins at 40.6% vs 9.5% PAT at 92.6cr vs 41.4cr.
Stocks to watch:
Positive: #IBULHSGFIN #HINDOILEXP #DRREDDY #GAIL #SHREYAS #WATERBASE #MOIL
