Stocks in Focus on May 20: Maruti Suzuki, HPCL, Ashok Leyland, Paytm & More

By Malvika Gurung

Investing.com — Hindustan Petroleum Company(NS:): The oil firm’s internet revenue dropped 40% YoY to Rs 1,795.26 crore within the March quarter, greater than the Avenue’s estimate. Its EBITDA raised 12.2% YoY to Rs 2098.5 crore within the interval.

Maruti Suzuki (NS:): The carmaker is organising its largest manufacturing facility in Kharkhoda, Haryana, and has signed an settlement with the Haryana authorities concerning a land allotment deal. 

Ashok Leyland (NS:): The automaker’s internet revenue rallied a whopping 274% YoY to Rs 901.4 crore in This fall FY22, whereas the consolidated income from operations rose 22% You to Rs 9,926.97 crore.

Biocon (NS:): The pharma main’s arm Biocon Biologics and Viatris have launched Abevmy in Canada, a biosimilar product for treating most cancers.

Container Company (NS:) of India: The transport firm’s internet revenue skyrocketed 926.7% YoY to Rs 257.3 crore, whereas income rose 6% YoY to Rs 2,057.6 crore within the quarter ending March 2022.

Punjab & Sind Financial institution (NS:): The state-owned lender’s internet revenue jumped two-fold to Rs 346 crore within the March quarter, attributable to a fall in unhealthy loans.

Corporations together with NTPC (NS:), Paytm (NS:), Zydus Lifesciences (NS:), Indigo Paints (NS:), Sobha (NS:), PNB Housing Finance (NS:), and Thermax (NS:), amongst others, will launch their earnings report for the March-ending quarter on Friday.