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Stocks in News: These stocks will remain in focus including ICICI Bank, RIL, HDFC Bank, PVR, keep an eye out for intraday

Today some stocks can see action due to positive trigger. If you are looking for stocks for intraday, then you can keep an eye on them.

Stocks in Focus Today: The stock market has seen ups and downs throughout this month. Even today, the global sentiments are looking weak for the market. The war between Russia and Ukraine remains a state of uncertainty. Apart from this, investors are also cautious due to corporate earnings, inflation and rate hike cycle. The volatility in the market is expected to continue in the future as well. In such a situation, experts are advising investors to trade cautiously. However, in the meantime, some stocks are ready to show action in the market due to positive triggers. If you are looking for better stocks in intraday, then you can keep an eye on them. Today’s list includes names like ICICI Bank, Reliance, HDFC Bank, PVR, Yes Bank, Tata Metaliks, Aditya Birla Money, Hindustan Zinc, Eveready Industries, Tatva Chintan Pharma Chem, Century Textiles & Industries, Gujarat Mineral Development Corporation, Snowman Logistics. Huh.

ICICI Bank

ICICI Bank’s net profit in Q4 increased by 59 percent to a profit of Rs 7018.71 crore. Whereas in the March 2021 quarter, there was a profit of Rs 4402.61 crore. The profit growth of the bank was good due to increase in income and fall in provision. Talking about the full financial year, the profit of the bank was Rs 23,339.49 crore. The board has recommended a dividend of Rs 5 per share with a face value of Rs 2 in the meeting. Net interest income grew by 21 per cent year-on-year to Rs 12,605 crore. Net NPAs fell 24 per cent to Rs 6961 crore on a year-on-year basis.

Reliance Industries

The deal between Reliance Industries and Future Group has derailed. Reliance said on Saturday that the Rs 24713-crore deal with Future Group cannot go ahead as the group’s secured credits have voted against it. Reliance has given this information in the regulatory filing. According to the Mukesh Ambani-owned company, Future Retail and other listed companies of Future Group had proposed to their shareholders and creditors to seal the deal.

HDFC Bank

The board of HDFC Bank has announced dividend. The country’s leading bank in the private sector said that the board has declared a dividend of Rs 15.50 per equity share for the financial year ended March 2022.

PVR

Big block deal is visible in PVR. BlackRock Inc has purchased 37,613 equity shares of multiplex chain operator PVR through an open market transaction on April 21. With this, BlackRock Inc’s stake in the company has increased from 4.95 percent to 5.01 percent.

Yes Bank

Yes Bank co-founder Rana Kapoor and Devan Housing Finance Limited (DHFL) promoters Kapil and Dheeraj Wadhawan have been accused by the ED of misappropriating Rs 5050 crore. According to the ED, the Kapoor and Wadhawan brothers misappropriated crores of rupees through suspicious transactions.

Results of these companies today including Eveready Ind

Today i.e. on April 25, some small and big companies are going to release their quarterly results. Prominent among these are Eveready Industries India, Tatva Chintan Pharma Chem, Tata Investment Corporation, Century Textiles & Industries, Gujarat Mineral Development Corporation, Snowman Logistics, and Triveni Enterprises.

Tata Metaliks

Tata Metaliks’ profit fell 30 per cent year-on-year to Rs 52.5 crore in the March quarter. Profits have been affected due to higher input cost. However, the income from sale of land in Maharashtra was supported. The company’s revenue on an annual basis has increased by 22 percent to Rs 808 crore.

Aditya Birla Money

Aditya Birla Money’s profit more than doubled to Rs 7.62 crore in the March quarter, from Rs 3.68 crore in the same period last year. The company’s revenue grew by 23.2 percent to Rs 60.4 crore.

Hindustan Zinc

Hindustan Zinc’s Conso profit grew 18 per cent year-on-year to Rs 2928 crore. The company’s profits increased due to higher revenue, healthy operating income and margins. Revenue during the March quarter stood at Rs 8797 crore, registering a growth of 26.6 per cent.

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