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Stocks to Watch: Cochin Shipyard, MRF, Whirlpool, BHEL and more
Negative0
GreyOak summary
Cochin Shipyard and MRF reported profit declines despite revenue growth, while Whirlpool saw a sharp profit drop. Olectra Greentech posted profit growth with a slight margin contraction. BHEL received relief as a tax demand was dropped. Bank of Baroda raised its MCLR rates, and Jyothy Labs increased its buyback price.
What it affects
- Whirlpool of IndiaWHIRLPOOLNegative 0
Profit fell 39% and EBITDA margin contracted.Rolling sentiment Negative -49
- Cochin ShipyardCOCHINSHIPNegative 0
Profit fell 50% despite revenue rise; dividend declared.Rolling sentiment Negative -58
- MRFNegative 0
Profit dropped 13% on revenue growth; dividend declared.Rolling sentiment Negative -61
- Bharat Heavy ElectricalsBHELPositive 0
Tax department dropped a ₹207 crore demand order.Rolling sentiment Positive +48
Source
Read the original at CNBC-TV18More Whirlpool of India news
- Whirlpool gains 3% despite 40% PAT sinkBusiness Standard · Results ·
- ICICI Securities reduces Whirlpool target to Rs 758Moneycontrol · Company update ·
- Whirlpool hikes prices by 5% from November 1Economic Times · Company update ·
- Whirlpool India Q2 net profit drops 39% to ₹25 croreCNBC-TV18 · Results ·