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CNBC-TV18's top stocks to watch out for on May 20

SUMMARY

The Indian market is likely to open flat with a positive bias on Thursday amid mixed global cues. At 7:05 am, the SGX Nifty was trading 23.00 points or 0.15 percent higher at 15,058.00, indicating a mildly positive start for the broader index in India.

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By CNBC-TV18 May 20, 2021, 7:28:21 AM IST (Published)

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Indiabulls Housing Finance | The company’s Q4FY21 net profit rose to Rs 276 crore from Rs 137 crore, while net interest income fell 7.7 percent to Rs 764 cr from Rs 828 crore, YoY.

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JK Tyre & Industries | The company reported a consolidated profit of Rs 189.12 crore in Q4FY21 against loss of Rs 47.2 crore in Q4FY20; revenue jumped to Rs 2,927.28 crore from Rs 1,792.56 crore, YoY.

Sebi levies fine on Biocon employee for violating insider trading norms
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Biocon | Sebi imposed a total fine of Rs 14 lakh on Biocon Ltd and its designated person for violation of market norms.

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Endurance Technologies | The company’s Q4FY21 profit rose 75.4 percent to Rs 187.4 crore from Rs 106.8 crore, while revenue rose to Rs 2,132.9 crore from Rs 1,596.75 crore, YoY.

Sensex, Nifty, Bank Nifty, Nifty IT, Nifty FMCG, Nifty Auto, Nifty Metal, HDFC, HDFC Bank, Reliance Industries, TCS, Hindustan Unilever, BSE India, NSE India, Markets Today, Market News
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BSE | The exchange has partnered with Dun & Bradstreet Information Services India to create an ecosystem for promoting, aiding and fostering the growth of small and medium enterprises.

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TD Power Systems | The company reported lower consolidated profit at Rs 15.37 crore for Q4FY21 against Rs 18.81 crore in Q4FY20; revenue rose to Rs 168.34 crore from Rs 151.36 crore YoY.

McDonald's hires diversity chief amid corporate turmoil
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Westlife Development | SBI Mutual Fund sold 3,34,951 equity shares in the company on May 18, reducing the total stake to 6.38 percent from 6.6 percent earlier.

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Rajesh Exports | Life Insurance Corporation of India acquired over 59.77 lakh equity shares (2.025%) in the company, increasing shareholding to 9.07 percent from 7.045 percent earlier.

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Tanla Platforms | The company posted Q4FY21 net profit at Rs 102.54 crore against net loss of Rs 89.12 crore, YoY. Its total income increased by 23.64 percent to Rs 650.09 crore from Rs 525.77 crore, YoY.

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TCI Express | The company’s Q4FY21 net profit jumped to Rs 42.57 crore from Rs 19.01 crore, while revenue increased to Rs 279.80 crore from Rs 237.94 crore, YoY.

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Earnings Today | HPCL, Zee Entertainment Enterprises, Bosch, Havells India, Brookfield India Real Estate Trust REIT, Torrent Power, Emkay Global Financial Services, JK Lakshmi Cement, KNR Constructions, Relaxo Footwears, Cosmo Films, Usha Martin, among others.

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