28 January 2022 – Trading Activity & Stock Market Updates

Tata Motors

The company’s officials will meet analysts and investors on January 31, to discuss financial results.

RBL Bank

The bank reported a higher profit at Rs 156.1 crore in Q3FY22 against Rs 147.1 crore in Q3FY21, net interest income rose to Rs 1,010.4 crore from Rs 908.2 crore YoY.

Canara Bank

The bank on Thursday reported a net profit of Rs 1,502 crore for the quarter ended December, beating Street estimates. The lender’s net profit more than doubled on a year-on-year basis. It had posted a net profit of Rs 696.1 crore for the corresponding period a year ago.

Punjab National Bank

The bank reported a profit of Rs 1,126.8 crore for Q3FY22 against Rs 506 crore in Q3FY21. The net interest income fell to Rs 7,803.2 crore from Rs 8,345.8 crore YoY.

Route Mobile

The company posted a higher profit at Rs 48.2 crore in Q3FY22 against Rs 37.6 crore in Q3FY21, revenue surged to Rs 562.7 crore from Rs 384.8 crore YoY.

BHEL

The state-owned engineering firm on Thursday posted a consolidated net profit of Rs 27.02 crore for December quarter 2021-22, mainly on the back of higher revenues.

LIC Housing Finance

The company on Thursday reported a 6 percent increase in profit after tax at Rs 767.33 crore for the quarter ended December 2021, aided by higher collections and drop in provisions. It had reported a profit after tax of Rs 727.04 crore in the same period of the previous fiscal.

Chalet Hotels

The company’s officials will meet analysts and investors on January 28 to discuss financial results.

Britannia Industries Ltd

The company is set to declare its third quarter results during the day today for the quarter ended December 2021. Experts expect that the higher costs of agri-commodities and packaging materials, coupled with lower in-home consumption, will hurt the earnings in this quarter too.

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