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Stocks to Watch: Bajaj Finance, Tata Motors, GMDC, HDFC Life, YES Bank – Business Standard

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stocks to watch | Buzzing stocks | stocks to watch out
Harshita Singh  |  New Delhi 
https://mybs.in/2auq2FX

today: After a consecutive two-day sell off, the are likely to start Tuesday's session on a positive note. At 7:30 am, the SGX nifty futures were quoting at 17,121 levels, hinting at a gap-up open of 100 points on the Nifty50.
Meanwhile, here are some stocks that may see market action today:

Q4 Earnings today: Bajaj Finance, HDFC Life, Macrotech Developers, KPIT Technologies, NELCO, Atul, AU Small Finance Bank, Gateway Distriparks, IIFL Securities, Sanofi India, Aditya Birla Sun Life, Mahindra Logistics, Nippon Life India Asset Management, Schaeffler India, Som Distilleries & Breweries, Tata Coffee, Tata Teleservices (Maharashtra), United Breweries, UTI Asset Management Company, VST Industries, D-Link (India), International Travel House, Gujarat Hotels, Jindal Hotels, JK Agri Genetics, and Jumbo Bag.

GMDC (Gujarat Mineral Development Corporation): GMDC Ltd reported 86.86 per cent growth year-on-year (YoY) in total revenues for Q4 on consolidated basis at Rs1,057.28 crore. The consolidated net profit for Q4 turned around to a profit of Rs176.99 crore compared to a net loss of Rs-184.64 crore in the Q4FY21. Net margins stood at 16.74 per cent in Q4FY22 compared to -32.63 per cent in March 2021.

Mahindra CIE Automotive: Mahindra CIE Automotive Ltd reported 18.22 per cent growth in sales revenues YoY for the Mar-22 quarter on consolidated basis at Rs 2,588.36 crore. The consolidated net profit for Q4 was up nearly 16-fold at Rs 161.43 crore while it doubled on a sequential basis.

Tata Motors: The company has partnered with Lithium Urban Technologies, an electric vehicle-based urban transportation service provider, to deploy 5000 XPRES T Electric Sedans, across the country, for employee transportation. The deiveries will commence in phases and will complete the deployment by next year.
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