Stocks in focus: Stocks in the news: Hero MotoCorp, Hindalco, Apollo Hospitals, Vedanta, Ola Electric

Domestic markets extended losses for the second consecutive day on Tuesday as the Sensex fell nearly 700 points. Today, shares of the MotoCorp Hero, Hindalco, Apollo Hospitals, Vedanta, Electric Wave Among others, they will be in the spotlight due to various news developments and first quarter results.

HAL, Ola Electric, Mazagon Dock Shipbuilders, Bandhan Bank
Shares of HAL, Ola Electric, Mazagon Dock Shipbuilders and Bandhan Bank will be in focus as the companies announce their first quarter results.

Apollo Hospitals
Leading hospital chain Apollo Hospitals reported an 83 per cent growth in its consolidated net profit at Rs 305 crore for the first quarter ended June 2024.MotoCorp Hero
Hero MotoCorp reported a standalone net profit of Rs 1,123 crore for the quarter ended June 2024, up 36% year-on-year.

International Centre for Scientific Research (CIC)
State-run Indian Railways Catering and Tourism Corporation (IRCTC) on Tuesday reported a 33 per cent growth in its consolidated net profit at Rs 308 crore in the first quarter ended June 2024.

Vodafone Idea
Vodafone Idea (VIL) said it is witnessing a surge in subscriber transfers to BSNL following the recent tariff hikes and is closely monitoring the situation.

Zinc from Hindustan
Metals and mining major Vedanta Ltd on Tuesday announced that its committee of directors has approved the sale of up to 11 million shares or 2.6 per cent of the share capital of Hindustan Zinc through an offer for sale (OFS).

Wank
FSN E-Commerce Ventures, which operates the Nykaa brand, reported a consolidated net profit of Rs 13.64 crore for the quarter ended June 2024, representing a 152% increase year-on-year.

SJVN
SJVN’s Board of Directors has approved monetisation through securitisation of partial future revenues/return on equity of Nathpa Jhakri Hydropower Station (NJHPS), also diluting the stake in subsidiary SJVN Green Energy.

Muthoot Finance
Muthoot Finance reported a net profit of Rs 1,079 crore in the first quarter. Revenue from operations stood at Rs 2,353 crore.

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