Shares To Watch: Paytm, Bhel, Solar Pharma, Jk Tyre

Paytm: Digital monetary companies agency One97 Communications, which operates beneath the Paytm model, on Friday reported widening of its consolidated loss to ₹761.4 crore for the quarter ended March 2022 on account of rise in cost processing fees and workers profit bills.

BHEL: State-owned engineering agency BHEL on Saturday returned to black posting ₹912.47 crore consolidated internet revenue within the March quarter, backed by larger earnings. Within the year-ago quarter, the corporate had reported a consolidated internet lack of ₹1,036.32 crore, in line with a regulatory submitting.

Indiabulls Housing Finance: Mortgage financier Indiabulls Housing Finance Firm reported an 11.23 per cent rise in revenue after tax (PAT) to ₹307 crore for the fourth quarter ended March 2022 on decrease credit score price and better revenue from its co-lending enterprise.

Solar Pharma: Drug main Solar Pharma is recalling round 10,500 bottles of a generic drug meant for the therapy of main depressive issues within the US market following a buyer grievance.

PGCIL: State-owned Energy Grid Company of India Ltd on Saturday posted about 18 per cent rise in its consolidated internet revenue at ₹4,156.44 crore for the March 2022 quarter, backed by larger earnings. The corporate’s consolidated internet revenue stood at ₹3,526.23 crore within the year-ago quarter, Energy Grid Company of India Ltd (PGCIL) mentioned in a BSE submitting.

Wheels India: Auto element producer Wheels India has drawn up plans to speculate about ₹155 crore in direction of growth of development gear and aluminum wheels enterprise throughout the present monetary 12 months, in line with an organization official.

Amara Raja Batteries: Amara Raja Batteries Ltd on Friday reported a decline of 47.80 per cent in consolidated internet revenue at ₹98.85 crore within the fourth quarter ended March 2022. The corporate had posted a internet revenue of ₹189.38 crore within the January-March interval a 12 months in the past, Amara Raja Batteries Ltd mentioned in a regulatory submitting.

Arvind SmartSpaces: Realty agency Arvind SmartSpaces on Friday reported a two-fold soar in internet revenue at ₹14 crore for the quarter ended March. Its revenue stood at ₹6.6 crore within the year-ago interval.

JK Tyre: JK Tyre & Industries on Friday reported 80 per cent decline in consolidated internet revenue at ₹38.22 crore for the fourth quarter ended March 31, 2022, impacted by larger bills primarily resulting from rise in enter prices.

Karur Vysya Financial institution: South-based Karur Vysya Financial institution on Friday reported an over two-fold soar in its internet revenue to ₹213.47 crore within the March 2022 quarter on the again of a fall in dangerous loans. The financial institution had posted a internet revenue of ₹104.37 crore in the identical quarter of the earlier fiscal.