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10 stocks are the main focus of today’s trade

Canara Bank reported on Monday 74% growth in the March quarter with a net profit of 3,336.51 crore, with the help of higher core income and lower provisions. In this quarter, the net interest income grew 23% to 8,617 crore. 17% growth in advances and 0.14% expansion in the net interest margin to 3.07%

UPL reported on Monday a 42.6% decline in its March quarter, with a net profit of 792 crore. UPL announced a deduction of Rs. 10 per equity share for this quarter.

Vedanta: Anil Agarwal’s Vedanta Group’s promoters get shares worth 70,444 crore; it is one of the largest pledged releases in the listed personality after repaying loans worth $800 million to Standard Chartered Bank.

The net profit of Mahanagar Gas jumped from 204% to 268 crore in comparison to the same quarter last year. Posted total revenue of 1,610.5 crore, down 3.64% from 1,671.39 crore.

Century Textile and Industries: On Monday, the company announced that Estates has acquired a 28.6-acre land in Bengaluru for a housing project and will generate revenue of 3,000 crore from the project, which will include residential housing along with retail options. Birla Estates Pvt. Ltd. has occupied highly desirable 28.6-acre land in the Sarjapur Road area of Bengaluru.

Exide Industries declared a net profit of Rs 181 crore for the quarter ended March 2023.

HFCL reported on Monday a 15.5% rise in net profit to about 79 crore in the March quarter.

Prevest Denpro: Vaibhav Munjal has recently joined the positions of Executive Director and Chief Marketing Officer. They have 17 years of experience in business marketing and distribution growth. They work for multinational companies like Asian Paints, Godraj, and Samsung.

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