By Sachin Gupta

16-Aug-2023

STOCK IN NEWS TODAY

ITC - Q1 Result Update

• Net profit was up 17.6% YoY at ₹4,903 cr. • Net revenue was down 9% YoY at ₹15,659 cr. • EBITDA was up 10.7% YoY at ₹6,250 cr.

Hero Motocorp

• Hero Motocorp's promoters have finalized a family settlement pact. Sunil Munjal will exit top management. • The family group of Santosh Munjal, Renu Munjal, Suman Kant Munjal, and Pawan Munjal will maintain control.

Pennar Industries

Pennar Industries bags orders worth ₹702 crs across various business verticals.