DR Reddy Laboratory: This company wore a pact with Indian Novartis. The company signed an exclusive sales and distribution agreement with Novartis India to promote and distribute Select Novartis products including the range of vovans, calcium and methergine range in India. For Dr. Reddy’s India, business has become a strong growth driver and remains the main focus market. This arrangement will strengthen its portfolio in pain management and women’s health sector. Since July 2021, shares have fallen 23 percent while this year falls 12 percent.

Ashok Leyland: RS 6 Crore Vs Net Profit Lost Rs 19 Crore; Revenue rose 15 percent yoy. The company reported the Mandiri RS 6 Crore profit compared to RS 19 Crore losses a year ago because of higher volumes and cost management initiatives. Mandiri revenue increased 15% in the year to RS 5,535 Crore. The volume of lightweight commercial vehicles decreased by 11 percent in the year due to semi-conductor shortages. Medium and heavy commercial vehicles, domestic trucks and bus volume grew 39 percent in the year compared to the industrial average of 20 percent. So far, the script rose 8 percent when he lasted a month down 5 percent.

Voltage: Net income fell 25 percent; Revenue decreases 10 percent. Net income fell 25 percent to Rs 97 Crore while income decreased by 10 percent to Rs 1,794 Crore Yoy. The weak demand and impact of Omicron on market sentiment has an impact on the performance of the refrigeration product segment. However, better execution efficiency in several ongoing projects increases project profitability and electro-mechanical service segments. Stock has fallen more than 8% in the past month while so far this year has dropped by almost 3 percent.

Motor TV: Promoter Sundaram Clayton sells shares in the company. Stock will be focused after the promoter Sundaram Clayton on Friday sold around 95 shares of Lakh or 2% stake in the company at an average price of Rs 635.97 per share through open market transactions on BSE. With this sales Sundaram Clayton pegs will be around 50.26% from 52.26% earlier. The stock traded flat last week while this year rose almost 5 percent.

Semen mangalam: net income fell 57%; Revenue rose 11 percent yoy. The company reported a reduction in profit of 57 percent yoy for the December quarter to Rs 14 Crore due to the increase in power and fuel costs. Revenue for the quarter stood at Rs 380 Crore, up more than 11 percent YoY. The cost of power & fuel increased 41% while total expenditure rose 24 percent. So far this year, scripts fell more than 2% when in 2021, it jumped more than 64 percent.

Indigo hole: net income jumped 29 percent; Revenue increased by 27 percent. The company was registered in February 2021 and surged almost 75 percent on debut day. It reported a 29% surge in net profit to RS 24 Crore in the December quarter. Revenues rose 27 percent to RS 265 Crore Yoy. This increases product prices in the quarter considered to reduce sharp escalation in raw material prices. The company said with a wise price increase, stabilizing raw materials and a favorable product mixture, gross margins have increased sequentially from 42 percent in Q2 FY22 to 43 percent in Q3 FY22. Because the list until the date fell by around 40% while this year the shares fell 10 percent.

Mrs. Buctors Food Specialization: Net Profit decreases 25% while income rose 17%. The company reported a 25 percent yoy decline in profit profit in Q3FY22 to RS 16 Crore because of the higher total cost. Revenues rose 17 percent to RS 263 Crore Yoy. Total expenditure increased by 22% to RS 24 Crore. The company was registered in December 2020 and surged almost 74 percent on his debut. In 2021, it fell around 34 percent, while so far this year, fell 6 percent.