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Stocks to watch in trade: ICICI Bank, PVR, Divi's Labs, & more (15 Sept)

Here are the top 5 stocks to watch in trade:

1. ICICI Bank: The bank said it has got an exemption from paring stake in its life and non-life subsidiaries to 30 per cent for a period of three years.

2. Apollo Hospitals: The company reported a consolidated net loss of Rs 226.24 crore for the quarter ended June 30, 2020, on account of the impact of COVID-19 pandemic. The company had posted a net profit of Rs 49.15 crore for the year-ago same period.

3. HUDCO: The company’s Standalone profit came in at Rs 203.4 cr vs Rs 335.7 cr YoYand Calculated NII at Rs 563.5 cr vs Rs 587.2 cr YoY. Provisions were elevated at Rs 247 cr vs Rs 19 cr QoQ.

4. PVR: Leading multiplex chain operator PVR Ltd on Monday reported a consolidated net loss of Rs 225.73 crore for the June quarter as the film exhibition business remained closed due to the COVID-19 pandemic. The company had posted a net profit of Rs 17.53 crore in the April-June period a year ago. Revenue from operations stood at Rs 12.70 crore, compared to Rs 880.39 crore in the corresponding quarter of the previous fiscal. "The COVID-19 situation across the country continued to adversely affect the operations of the group, resulting in almost no operations revenue for the quarter. We are awaiting government directive and guidelines on the opening of cinemas," PVR said.

5. Divis Labs: The company in its AGM said that the Indian API industry will benefit from the global customer shift away from China and they see good visibility on custom synthesis business. The company said that the biologics investments will happen at an appropriate time.