Power Grid Corporation of India: The company approved a proposal to infuse fresh equity up to Rs425cr in Energy Efficiency Services (EESL), a joint venture company of PowerGrid, NTPC, PFC, and REC.
Bata India: The company reported a loss of Rs69.47cr in Q1FY22 against a loss of Rs100.9cr in Q1FY21, revenue jumped to Rs267cr from Rs135.1cr yoy.
MAS Financial Services: The company reported higher standalone profit at Rs36.82cr in Q1FY22 against Rs36.59cr in Q1FY21, revenue fell to Rs147.73cr from Rs160.35cr yoy.
HeidelbergCement India: The company entered into Power Purchase Agreement, Share Subscription Agreement, and Shareholders Agreement with Lalganj Power (LPPL) for subscribing to 36,36,364 equity shares of Rs10 each of LLPL at a premium of Rs3.2 per share aggregating to Rs4.8cr in order to procure around 22 Gigawatt hours per annum of solar power under captive arrangement for operating its plant located at Madora, Uttar Pradesh.
Tata Steel Limited is set to announce its quarterly earnings on Thursday.
Gandhi Special Tubes: The company determined the final buyback price of Rs550 per equity share.
Prakash Pipes: Promoter Ved Prakash Agarwal acquired 20,000 equity shares in the company via open market transaction, increasing stake to 15.26% from 15.18% earlier.
Results today: Tata Steel, Eicher Motors, Hero MotoCorp, Aurobindo Pharma, BPCL, Oil India, Ashok Leyland, Bharat Forge, Ansal Properties & Infrastructure, Apollo Micro Systems, Ashapura Minechem, Avanti Feeds, Clariant Chemicals (India), Dishman Carbogen Amcis, Dish TV India, Engineers India, Finolex Cables, Gujarat Pipavav Port, GR Infraprojects, HCC, HealthCare Global Enterprises, HUDCO, Ind-Swift Laboratories, IRCON International, IRCTC, JB Chemicals, KNR Constructions, Matrimony.com, Max India, Mazagon Dock Shipbuilders, Mishra Dhatu Nigam, Minda Corporation, Natco Pharma, NMDC, Page Industries, Power Finance Corporation, RailTel Corporation of India, RCF, Redington (India), RITES, Sadbhav Infrastructure Project, Schneider Electric Infrastructure, Skipper, Sundram Fasteners, Suryoday Small Finance Bank, Thyrocare Technologies, Trident, Ujjivan Financial Services, and Venus Remedies.