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Stocks in news: HDIL, Grasim, Adani Ent, Balkrishna Ind, Welspun

HDIL Q1 -Consolidated net profit down 30 percent at Rs 40.9 crore versus Rs 58.4 crore (YoY) -Consolidated total income down 2.3 percent at Rs 260.7 crore versus Rs 266.8 crore (YoY) -Consolidated EBITDA up 17.5 percent at Rs 157.2 crore versus Rs 190.5 crore (YoY) -Consolidated EBITDA margin at 60.3 percent versus 71.4 percent (YoY)






Grasim approved increase in FII limit from 24 percent to 30 percent


Adani Enterprises in focus - Farmers support Chattisgarh Mine expansion: BS


Balkrishna Industries Q1 -Net profit up 46.8 percent at Rs 149.1 crore versus Rs 101.6 crore (YoY) -Total income up 8.4 percent at Rs 928.1 crore versus Rs 855.9 crore (YoY) -EBITDA at Rs 260.1 crore versus Rs 109.9 crore (YoY) -EBITDA margin at 28 percent versus 12.8 percent (YoY)





Welspun India -Will continue to do business with Walmart -Affected products represent 6 percent of annual business -Product line with Walmart accounts for 1.5 percent of annual business









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