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Market Commentary - Stock Alert
Mankind Pharma, Pidilite Industries, Kansai Nerolac Paints in focus As on : 09-May-23  07:30

Mankind Pharma: Shares of the pharma firm will debut on the bourses today, 9 May 2023. Issue price is Rs. 1080 per share.

Pidilite Industries: The company reported consolidated net profit of Rs 285.86 crore in Q4 FY23 as compared with net profit of Rs 254.35 crore in Q4 FY22. Total income rose to Rs 2712.07 crore in the quarter ended 31 March 2023 as compared with Rs 2518.21 crore posted in corresponding quarter last year.

Kansai Nerolac Paints: The company reported consolidated net profit of Rs 96.24 crore in Q4 FY23 as compared with net profit of Rs 19.17 crore in Q4 FY22. Total income rose to Rs 1743.29 crore in the quarter ended 31 March 2023 as compared with Rs 1535.63 crore posted in corresponding quarter last year. The company's board has considered and approved issue of 1 bonus equity share against 2 equity share held.

Aarti Industries: The company reported consolidated net profit of Rs 149 crore in Q4 FY23 as compared with net profit of Rs 146 crore in Q4 FY22. Total income rose to Rs 1656 crore in the quarter ended 31 March 2023 as compared with Rs 1437 crore posted in corresponding quarter last year.

Kalpataru Power Transmission: The company reported consolidated net profit of Rs 140 crore in Q4 FY23 as compared with net profit of Rs 115 crore in Q4 FY22. Total income rose to Rs 4896 crore in the quarter ended 31 March 2023 as compared with Rs 4169 crore posted in corresponding quarter last year.

Andhra Paper: The company reported consolidated net profit of Rs 153.90 crore in Q4 FY23 as compared with net profit of Rs 57.44 crore in Q4 FY22. Total income rose to Rs 603.91 crore in the quarter ended 31 March 2023 as compared with Rs 442.06 crore posted in corresponding quarter last year.

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