Trident Limited has fixed February 1, 2021, as the Record Date for the redemption of Commercial Paper, amounting to Rs50cr. The maturity date for the Commercial Paper programme is February 2, 2021. Trident Limited is largest manufacturer and exporter of Home Textiles in the country. They recently unveiled its ‘VISION 2025’ to accelerate the growth momentum.

Indian Bank on Friday announced more than doubling of its profit at ₹514.28 crore for the Q3 ended December 2020. The bank's profit in the year-ago period stood at ₹247.16 crore. The percentage of net NPA was lower at 2.35% as against 3.50% a year ago and 2.96% inQ2. The bank said it had made provisioning of ₹2,314.35 crore towards bad loans and contingencies.

The Indian Railways has awarded a Rs 2,211 crore mega tender for procurement of Vande Bharat Express or Train 18 to Hyderabad-based Medha Servo Drives Pvt. Ltd, to boost the Make in India initiative. The company will manufacture and supply 44 train sets. The procurement includes five years of comprehensive annual maintenance contract with the supplier.

Caplin Point Laboratories on Friday announced ts arm Caplin Steriles gained the green signal from the USFDA for its generic anticoagulant Argatroban injection. They received the approval for its abbreviated new drug application for Argatroban injection, 50 mg/50 ml (1 mg/ml), single-dose vial presentation. It is a generic version of Hikma Pharmaceuticals' Argatroban injection.

HDFC came out with the unaudited condensed financial statements of HDFC ERGO for the nine months ended December 31, 2020. Its net profit increased to Rs510.12cr as of December 2020, compared to Rs294.32cr as of December 2019. HDFC ERGO recorded higher gross written premium to Rs8,870.22cr in the latest period against Rs7,047.34cr a year ago same period.

Jubilant Life Sciences confirmed that they will allot equity shares of Jubilant Ingrevia to shareholders on February 05, 2021, upon the composite scheme of arrangement coming into effect. Jubilant added that after the issuance and allotment of the equity shares, Jubilant Ingrevia will commence necessary formalities for the listing of its equity shares on the National Stock Exchange of India.

Yash Securities has worked out its Q3 (October-December’ 20) earnings estimates for the Infrastructure sector. The brokerage house expects PSP Projects to report net profit at Rs. 26.8 crore down 27.3% year-on-year (up 85.9% quarter-on-quarter). Net Sales are expected to decrease by 6 percent Y-o-Y (up 63.6 percent Q-o-Q) to Rs. 397.7 crore, according to Yash Securities.

Yash Securities has worked out its Q3 (October-December’ 20) earnings estimates for the Infrastructure sector. The brokerage house expects Apar Industries to report net profit at Rs. 54 crore up 47.3% year-on-year (up 1% quarter-on-quarter). Net Sales are expected to decrease by 4.7 percent Y-o-Y (up 18.2 percent Q-o-Q) to Rs. 1,749.8 crore, according to Yash Securities.

Vardhman Textiles Limited recorded a total production of 59615 in the Q3 compared to 57950 during the same quarter in FY20. The total sales of the company for Q3FY21 stood at 62005 compared to 60364 in Q3FY20. Production of Yarn in Q3FY21 was 58,806 metric tons compared to 56,994 metric tons in Q3FY20. Yarn sales (including internal transfers) metric tons compared to 59,413 in Q3FY20.

Yash Securities revealed its Q3 (October-December’ 20) earnings estimates for the Infrastructure sector. The brokerage house expects HG Infra Engineering to report net profit at Rs. 46.9 crore up 12.9% year-on-year (up 43.5% quarter-on-quarter). Net Sales are expected to increase by 3 percent Y-o-Y (up 26.3 percent Q-o-Q) to Rs. 590.2 crore, according to Yash Securities.

Home First Finance's ongoing initial public offer (IPO) was subscribed about 1.25 times on the second day of the bidding process so far. The Rs 1,153.71-crore issue received bids for 1,94,86,544 shares, which was 1.25 per cent of the issue size of 1,56,20,948 shares. The HFC had on Wednesday raised a little over Rs 346 crore from 25 anchor investors.

Yash Securities has revealed its Q3 (October-December’ 20) earnings estimates for the Capital Goods & Defense sector. The brokerage house expects KEC International to report net profit at Rs. 133.2 crore down 8.1% year-on-year (down 6.6% quarter-on-quarter). Net Sales are expected to increase by 7.1 percent Y-o-Y (up 1 percent Q-o-Q) to Rs. 3,289.9 crore, according to Yash Securities.

Yash Securities has revealed its Q3 (October-December’ 20) earnings estimates for the Capital Goods & Defense sector. The brokerage house expects Cummins India to report net profit at Rs. 125.4 crore down 38% year-on-year (down 13.9% quarter-on-quarter). Net Sales are expected to decrease by 13.5 percent Y-o-Y (up 8.4 percent Q-o-Q) to Rs. 1,257.7 crore, according to Yash Securities.

Yash Securities has revealed its Q3 (October-December’ 20) earnings estimates for the Capital Goods & Defense sector. The brokerage house expects Kalpataru Power to report net profit at Rs. 121.9 crore up 7.9% year-on-year (down 15.9% quarter-on-quarter). Net Sales are expected to increase by 2 percent Y-o-Y (up 7.3 percent Q-o-Q) to Rs. 2,018.6 crore, according to Yash Securities.

Yash Securities has revealed its Q3 (October-December’ 20) earnings estimates for the Capital Goods & Defense sector. The brokerage house expects Larsen and Toubro to report net profit at Rs. 2,118 crore down 2% year-on-year (up 91.4% quarter-on-quarter). Net Sales are expected to increase by 3.7 percent Y-o-Y (up 21.1 percent Q-o-Q) to Rs. 37,595.1 crore, according to Yash Securities.