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Stocks in news: ZEE, Angel One, Poonawala Fincorp, SBI, Muthoot Finance

Agencies
The Company's board has appointed T K Ramachandran, as Chairman of the company for a period of six months.

Synopsis

For the March quarter, Angel One has reported 17% sequential growth in net profit at Rs 267 crore, while EBITDA during the same period rose 20% quarter-on-quarter to Rs 370 crore.

The Nifty futures contract traded on the Singapore Exchange indicates a negative start to domestic equities. The contract was trading at 17,738, down 25.5 points or 0.14% from the previous close.

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Here's a slew of stocks that will be in focus today for various reasons

ZEE Entertainment
Invesco Global has exited Zee Entertainment Enterprises Ltd by selling 5.11% stake in the media company through bulk deals on Monday.


Angel One
For the March quarter, Angel One has reported 17% sequential growth in net profit at Rs 267 crore, while EBITDA during the same period rose 20% quarter-on-quarter to Rs 370 crore.


Quickheal Technologies
Quick Heal Technologies announced the appointment of Ankit Maheshwari as the Chief Financial Officer with effect from April 26. Navin Sharma, the current CFO, has resigned from the position due to personal reasons.

Read more: What changed the market while you were sleeping

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Muthoot Finance, Dhampur Sugar Mills
Shares of Muthoot Finance and Dhampur Sugar Mills will be in focus today as the companies will trade ex-dividend today.

Hathway Cable
Hathway Cable has reported a net loss of Rs 14.6 crore for the quarter ended March, while revenue from operations stood at Rs 459 crore.

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TV18 Broadcast
TV18 Broadcast's consolidated net profit tanked 76% during the March quarter to Rs 35 crore, compared with Rs 143 crore in the year-ago period.

Poonawalla Fincorp
Birla Mutual Fund has bought 4.4 million shares in Poonawala Fincorp via bulk deals

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Subex
Vinod Kumar Padmanabhan, MD & CEO of Subex, has requested for early retirement. The company has appointed Nisha Dutt as the new CEO. She will assume the role from May 2.

SBI
State Bank of India (SBI) Board will meet today to consider a fundraising proposal of up to $2 billion through public or private placement of senior unsecured notes in USD during the current financial year

ICICI Lombard, Tata Coffee, Crisil
Shares of ICICI Lombard, Tata Coffee and Crisil will be in focus today as the companies will announce their fourth quarter results.
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Goa Carbon
Goa Carbon has informed the exchange that the operations at the Company's Bilaspur Unit have been resumed.

Dredging Corporation of India
The Company's board has appointed T K Ramachandran, as Chairman of the company for a period of six months.






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