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    Stocks in the news: HUL, L&T, Britannia, M&M, ACC and BPCL

    Synopsis

    Larsen & Toubro is close to bagging its largest order ever as it has emerged the lowest bidder to construct a significant part of the Ahmedabad-Mumbai bullet train project.

    ETMarkets.com
    Britannia Industries reported a consolidated net profit of Rs 495.20 crore for the quarter ended September, up 23 per cent from a year ago.

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    Nifty futures on the Singapore Exchange traded 43 points, or 0.36 per cent lower at 11,866, in signs that Dalal Street was headed for a negative start on Tuesday. Here are a few stocks which may buzz the most in today's trade:

    Earnings today: Hindustan Unilever (HUL), Crisil, L&T Infotech, Hindustan Zinc, DCM Shriram, Granules India and Indian Energy Exchange (IEX) are among companies that are scheduled to announce their September quarter earnings during the day.

    L&T: Larsen & Toubro is close to bagging its largest order ever as it has emerged the lowest bidder to construct a significant part of the Ahmedabad-Mumbai bullet train project, beating two others in the race with a bid of Rs 24,958 crore.

    HDFC Life: HDFC Life reported a 6 per cent increase in its profits in the September quarter, the first since its inclusion in the list of the 50 biggest stocks making up the country's top equity benchmark, as collections improved through the stage-gated unlocking at India's leading private life insurer.

    Britannia: Biscuit maker Britannia Industries reported a consolidated net profit of Rs 495.20 crore for the quarter ended September, up 23 per cent from a year ago.

    M&M: Mahindra and Mahindra on Monday announced increasing production of its all-new Thar SUV substantially after its bookings crossed 15,000 units since the launch of the vehicle.

    Hero MotoCorp: Two-wheeler market leader Hero MotoCorp on Monday launched a new edition of its iconic Splendor motorcycle priced at Rs 64,470 (ex-showroom Delhi).

    ACC: Cement maker, ACC Ltd has reported a 19.8 per cent year-on-year (YoY) growth in consolidated profit after tax at Rs 364 crore during the July-September quarter, as against Rs 303 crore during the same period last year.

    BPCL: BPCL privatisation bid deadline will not be extended for the fifth time, as the government's strategic disinvestment programme that was hit by the pandemic is back on track, DIPAM Secretary said Monday.

    ITC: Raw Pressery, known for its premium cold-pressed juices, is in talks with multiple packaged consumer goods firms, including ITC and the Paper Boat brand, for either divesting stake or getting on board a strategic investor for the juices division, three officials aware of the development said.

    L&T Technology Services: L&T Technology Services (LTTS) posted a 19.5 per cent fall in net profit to Rs 165.5 crore in the September quarter compared to the year-ago period, but profit was up 41 per cent on a sequential basis.

    CSB Bank: Private sector lender CSB Bank (erstwhile Catholic Syrian Bank) on Monday reported a three-fold rise in its net profit at Rs 68.9 crore at the end of the September quarter on the back of strong asset growth. It had reported profits of Rs 24.7 crore same period a year ago.

    Rallis India: Rallis India, a subsidiary of Tata Chemicals, on Monday posted a 2 per cent decline in consolidated profit after tax (after exceptional items) to Rs 83 crore during the September 2020 quarter.

    Century Textiles: Century Textiles and Industries on Monday reported a consolidated net loss of Rs 10.35 crore for the quarter ended September 2020. The company had posted a net profit of Rs 187.34 crore in the July-September period a year ago.
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