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Top stocks in focus: Hindustan Zinc, L&T Infotech, HUL, Motherson Sumi | 21st Oct

TOP 5 STOCKS TO WATCH IN TRADE

Earnings today: Bajaj Finserv, Bajaj Finance UltraTech Cement Syngene , GMM Pfaudler, DB Corp and Colgate Palmolive are among companies that are slated to announce their September quarter earnings in the day.

Hindustan Zinc: Hindustan Zinc has reported a 7 per cent year-on-year drop in consolidated net profit at Rs 1,940 crore for the second quarter of the financial year 2021, as against Rs 2,081 crore during the same quarter last year, mainly on account of higher depreciation and finance costs.

L&T Infotech: IT company L&T Infotech (LTI) on Tuesday reported a 26.7 per cent increase in consolidated net profit to Rs 456.8 crore for the quarter ended September 2020.

Motherson Sumi

Motherson Rolling Stocks (WOS) through PKC Group Oy, signed assets sale & purchase agreement with Bombardier to acquire the activities of Electrical Wiring Interconnection Systems . The transaction is expected to complete in Q4FY21.

HUL
JPMorgan maintains an Overweight rating on HUL saying Q2 is beat with improving outlook and management comments on growth recovery were positive.