Post Market Analysis 16-06-2021

Indian Stocks had traded lower on June 16, led by  led by financials, auto and metal stocks. Sensex down by 221.52 points to 52,501.98. The Nifty down by 101.7 points to 15767.55


Larsen & Toubro Infotech: Larsen & Toubro Infotech has signed a definitive agreement to acquire Cuelogic Technologies Private Limited, a Pune based Digital Engineering company with a 100% subsidiary in US, Cuelogic Technologies, Inc.

LIC Housing Finance: Share price falls 3% post Q4 results, Net interest income (NII) rose by 33 percent to Rs 1,505 crore, as against Rs 1,134 crore for the same period in the previous year. 

Jubilant FoodWorks: Share price has touched a 52-week high of Rs 3,278.35, rising over 3 percent in early trade on June 16 a day, after the company reported its March quarter earnings.

Earnings Report

Asahi India Q4 net profit rises by 61.1% YoY, Q4 earnings for the quarter ended March 31, 2021 

LIC Housing Finance Q4FY21 standalone profit fell 5 % YOY  to Rs 398.92 crore from Rs 421.43 crore