Top stocks in focus: Tata Motors, Tata Power, Yes Bank, Reliance Industries, Grasim

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

January 25, 2021 7:40 IST India Infoline News Service

Tata Motors increases passenger vehicle prices. Confirms price protection for customers who have booked vehicles on or before January 21.

Tata Power bagged an EPC order worth Rs1,200cr from NTPC for setting up of 320MW ground mounted Solar PV project.

Yes Bank witnessed a profit of Rs150.7cr in Q3FY21 against a loss of Rs18,560cr in Q3FY20. Net interest income jumped to Rs2,560.4cr from Rs1,064.7cr yoy.

Reliance Industries posted a consolidated profit of Rs14,894cr in Q3FY21 against Rs10,602cr in Q2FY21; revenue increased to Rs1,23,997cr from Rs1,16,195cr qoq.

Grasim Industries to enter paints business and will invest Rs5,000cr over the next three years.

UltraTech Cement reported a consolidated profit of Rs1,584cr in Q3FY21 against Rs711cr, and revenue jumped to Rs12,254.1cr from Rs10,439.3cr yoy.

DHFL administrator informed that committee of creditors declares Piramal Enterprises as successful resolution applicant.

Rossari Biotech:  PAT stood at Rs21.6cr as against Rs18.3cr, higher by 18.0%.

Salasar Techno Engineering Limited, emerged as the lowest bidder and secured L-1 in three tenders with an amount of Rs71.74cr.

DCB Bank: The Bank's Profit After Tax was at Rs96cr. In Q3FY21 as against Rs97cr in Q3FY20.

Birla Corporation Limited’s December quarter net profit jumped 82.l % yoy to Rs148.42cr on the back of a 3.2% growth in sales by volume, aggressive cost rationalization and higher sales of premium products.

Oberoi Realty: The Consolidated Profit After Tax was Rs286.43cr for Q3FY21 as against Rs148.08crfor Q3FY20 and Rs454.07cr for 9MFY21 as against Rs438.43cr for 9MFY20.

Zydus Cadila receives final approval from USFDA for Liothyronine Sodium Tablets.

Results Today: Larsen & Toubro, Kotak Mahindra Bank, Aarti Drugs, APL Apollo Tubes, Astec Lifesciences, Can Fin Homes, Chennai Petroleum Corporation, ICICI Securities, Mahindra Holidays & Resorts India, Navin Fluorine International, RPG Life Sciences, Sharda Cropchem and UCO Bank.

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