Stocks to watch: ITC, Infosys, Ashok Leyland, Radico Khaitan, Eicher Motors, Nestle India, Maruti Suzuki among others

FPJ Web DeskUpdated: Wednesday, June 02, 2021, 12:52 AM IST
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Stocks to watch: ITC, Infosys, Ashok Leyland, Radico Khaitan, Eicher Motors, Nestle India, Maruti Suzuki among others |

There are some stocks that may be buzzing when the market opens.

Here is a list of stocks :


Ashok Leyland: Hinduja Group flagship firm Ashok Leyland on Tuesday reported a decline of 62 per cent in total vehicle sales at 3,199 units in May. The company had sold 8,340 units in April this year.

Radico Khaitan: Liquor maker on Tuesday reported an over two-fold jump in consolidated net profit at Rs 73.53 crore for the fourth quarter ended March 2021, helped by strong volume growth

ITC: The company on Tuesday reported a consolidated net profit of Rs 3,816.84 crore for the fourth quarter ended March 2021. The cigarette-FMCG-to-hotel major had posted a net profit of Rs 3,926.46 crore during the January-March quarter of the previous fiscal, it said in a regulatory filing.

Eicher Motors: Mid-sized motorcycle maker Royal Enfield, part of Eicher Motors, on Tuesday said it has sold a total of 27,294 units in May, down 49 per cent from 53,298 units in April this year. The company's domestic sales stood at 20,073 units, down 59 per cent from 48,789 units in April.


Nestle India: Nestlé India Limited is the Indian subsidiary of Nestlé which is a Swiss multinational company. Nestle has acknowledged that more than 60 per cent of its mainstream food and drinks products do not meet a "recognised definition of health" and that "some of our categories and products will never be 'healthy no matter how much we renovate", the Financial Times reported.

Infosys: After the Infosys insider trading case came to light, the IT company is now conducting an internal investigation. The company informed the exchange that an appropriate action will be taken on the conclusion of such investigation. The company stated, “On June 1st, Infosys was informed of an interim ex-parte SEBI Order where two of its employees, amongst other third parties have been named, in an ongoing insider trading investigation.

Maruti Suzuki India: Automobile major on Tuesday reported a 71 per cent decline in total sales to 46,555 units in May as compared to 1,59,691 units in April as a spike in COVID-19 cases and lockdowns across various states hit dispatches. According to the company, total sales in the month include domestic sales of 33,771 units, sales to other OEMs 1,522 units and exports of 11,262 units.

Balrampur Chini Mills: Theentity on Tuesday reported a 2.46 per cent decline in consolidated profit during the quarter ending March 31, at Rs 235.50 crore compared to the same period of the last financial year. The company's consolidated profit stood at Rs 241.44 crore during the corresponding period of FY20, Balrampur Chini Mills said on a BSE filing.

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