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Stocks to keep an eye on today: Power Grid Corporation, Oil India, ACC



News24

LAST UPDATED: Feb. 12, 2021, 2:08 p.m.

New Delhi (Anish Yande): Sensex rose by more than 200 points on Friday, crossing past the 51k mark again. The benchmark index rose by more than 1 percent in the day’s trading session. Sensex rose to 51,786 on the stock exchanges. Nifty 50 rose to a high of 15,237 in Monday’s trading session. The index rose to a trading high of 15,156 in the session. 

ACC:

ACC Ltd reported a consolidated profit of Rs 273.3 crore in the December quarter of 2019. The consolidated profit of ACC Ltd in the quarter ended December 2020 is recorded at Rs 472.4 crore. The cement manufacturer reported an increase of 72.88 percent.

The revenue of ACC Ltd has recorded at Rs 4,060.3 crore in December 2019. The revenue rose to Rs 4,144.7 crore in the recent December quarter.  The total expenses of ACC Ltd were at Rs 3,709.42 crore in the December quarter of the previous fiscal and rose to Rs 3,747.64 crore in the December 2020 quarter, rose by 1.03 percent.

Power Grid Corporation:

Power Grid Corporation recorded a consolidated profit of Rs 2,672 crore in Q3FY20. The Grid Corporation reported a consolidated profit of Rs 3,367.7 crore in the December quarter. 

Revenue of Power Grid Corporation was recorded at Rs 9,364.4 crore in December 2019 quarter. The revenue of the corporation rose to Rs 10,142.5 crore in Q3FY21. 

The earnings before interest, tax, depreciation, and amortization was recorded at Rs 8,914.5 crore, grew by 8.1 percent. 

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Oil India:

Oil India recorded a rise in its net profit at Rs 889.69 crore in the quarter ended in December 2020. The net profit increased by 42.9 percent in the December quarter. 

The net profit of Affle was at Rs 709.39 crore in the corresponding quarter of the previous fiscal. 

Oil India recorded a revenue of Rs 2,137.34 crore in Q3FY20. The Indian PSU recorded a revenue of Rs 2,957.19 crore in the December quarter.

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