In dollar terms, the company posted a decline of 1.9% in consolidated net profit to $43.3 million on a 5.2% increase in revenues to $288.2 million in Q4 FY21 over Q3 FY21.

EBITDA in the fourth quarter fell 1.1% to Rs 462.6 crore from Rs 467.90 crore in the same period last year. EBITDA margin was at 21.9% as on 31 March 2021 compared with 23.1% as on 31 December 2020.

As compared to Q3 FY21, Mindtree has added one client in $5 million category during the quarter, but witnessed reduction of 2 clients in $1 million band and 1 client in $10 million band. The total active clients at the end of March 2021 stood at 270, down from 276 clients seen at the end of December 2020.

The midcap IT firm reported 76% jump in consolidated net profit to Rs 1,110.50 crore on 2.6% rise in revenue to Rs 7967.80 crore in the year ended on 31 March 2021 over the year ended on 31 March 2020.

Total employee headcount was at 23,814 in Q4 FY21 as against 22,195 in Q3 FY21. The attrition rate (of last twelve months) at 12.1% at the end of March quarter 2021, has fallen from 12.5% seen at December 2020.

The company has a healthy order book of $1,382 million with a growth of 12.3% for FY21.

Debashis Chatterjee, chief executive officer and managing director, Mindtree, said: We are proud to deliver another strong quarter, driven by significant traction in our client portfolio globally, leading to revenue growth of 5.2%, EBITDA of 21.9%, and an order book of $375 M at the end of Q4. For the year, we delivered revenues of $1,076.5 M and margin expansion of 680 bps, while increasing our order book by 12.3%.

As we enter FY22, we are confident that continued client demand for our transformative services, a strong order book, and our strategic investments positions us well to deliver double digit growth and sustain EBITDA above 20%.

The board of directors of the company have recommended a final dividend of Rs 17.5 per equity share for the financial year ended 31 March 2021, which is subject to the approval of shareholders at the annual general meeting.

MindTree is an international information technology consulting and implementation company that delivers business solutions through global software development.

The scrip rose 0.17% to Rs 2067.60 today. It traded in the range of 2047 and 2142.70 during the day.

The first approval is for Bilastine tablets 20mg under brand name 'FLUSTIN'. Bilastine is a second-generation antihistamine. The drug is used in the treatment of allergic rhino conjunctivitis and urticaria (hives).

The second approval is for Ornidazole and Otloxacin tablets under brand name 'ORZOLE COMBI'. Ornidazole 500mg + Ofloxacin 200mg tablets is used in the treatment of bacterial and parasitic infections. It is used to treat gastrointestinal infections such as acute diarrhoea or dysentery, gynaecological infections, lung infections and urinary infections.

The third approval is for Paracetamol 125mg/5ml and Chlorpheniramine Maleate Syrup 2mg/5ml 100ml under brand name 'FEBRIL'.

Paracetamol, also known as acetaminophen, is a medication used to treat fever and mild to moderate pain. Chlorpheniramine Maleate is an antihistamine used to treat the symptoms of allergic conditions such as allergic rhinitis. Menthol is a topical analgesic. It works by temporarily relieving minor pain.

Commenting on the approvals, Ramesh Krishnamurthy, CEO of Vivimed Labs, said: These 3 approvals are testimony to high quality team work of Vivimed 's end to end team. Branded exports is strategic thrust of 'New and Vibrant Vivimed'. The approvals are testimony to Vivimed 's growth strategy.

Vivimed Labs is a pharmaceutical and chemical products company. The company's segments include speciality chemicals and pharmaceuticals.

On a consolidated basis, Vivimed Labs posted a net loss of Rs 49.55 crore in Q3 FY21 as against a net loss of Rs 32.07 crore in Q3 FY20. Net sales jumped 40.6% year on year to Rs 277.94 crore in Q3 FY21.

This is 80 KM long green field project and it has two phases- the first phase involves preparation of DPR and the second phase involves construction supervision. Duration is 13 months for phase - 1 and 30 months for phase - 2. The project is funded by Exim Bank of India under LOC.

Total fee income would be about Rs 63 crore and signing of contract is expected to take place soon, the company said.

RITES is a Miniratna (Category - I) Schedule 'A' Public Sector Enterprise and a leading player in the transport consultancy and engineering sector in India, having diversified services and geographical reach. As of 31 December 2020, the Government of India held 72.2% stake in the company.

The PSU company's consolidated net profit declined 29.8% to Rs 105.31 crore on 27.51% decline in revenue from operations to Rs 449.29 crore in Q3 FY21 over Q3 FY20.

The RITES scrip shed 0.34% to currently trade at Rs 237.80 on the BSE. It traded in the range of 236.90 and 242 so far during the day.

Narayana Hrudayalaya Ltd, Eveready Industries India Ltd, Prestige Estates Projects Ltd and Time Technoplast Ltd are among the other losers in the BSE's 'A' group today, 16 April 2021.

Tinplate Company of India Ltd tumbled 5.23% to Rs 170.5 at 14:49 IST.The stock was the biggest loser in the BSE's 'A' group.On the BSE, 1.23 lakh shares were traded on the counter so far as against the average daily volumes of 73122 shares in the past one month.

Narayana Hrudayalaya Ltd lost 4.20% to Rs 405.55. The stock was the second biggest loser in 'A' group.On the BSE, 8004 shares were traded on the counter so far as against the average daily volumes of 6474 shares in the past one month.

Eveready Industries India Ltd crashed 3.32% to Rs 281.3. The stock was the third biggest loser in 'A' group.On the BSE, 12924 shares were traded on the counter so far as against the average daily volumes of 74954 shares in the past one month.

Prestige Estates Projects Ltd pared 2.95% to Rs 297.65. The stock was the fourth biggest loser in 'A' group.On the BSE, 1.78 lakh shares were traded on the counter so far as against the average daily volumes of 58351 shares in the past one month.

Time Technoplast Ltd shed 2.90% to Rs 72. The stock was the fifth biggest loser in 'A' group.On the BSE, 2.38 lakh shares were traded on the counter so far as against the average daily volumes of 2.17 lakh shares in the past one month.

Citigroup said it will exit its consumer franchises in 13 countries that includes India, Australia, Bahrain, China, Indonesia, Korea, Malaysia, Philippines, Poland, Russia, Taiwan, Thailand, and Vietnam. The move is a part of Citigroup's global strategy to focus on institutional business.

Citibank reportedly has 2.2 million credit card accounts with around 6% market share of retail credit card spends in India.

A foreign brokerage reportedly said that Citi's exit from India will be an opportunity for players in India to either acquire the existing stock of clients and/ or gain market share in segments like credit cards, deposits and retail loans.

Private banks and credit card companies like SBI Cards can be key beneficiaries of market share gains in the credit card segment, it added.

SBI Cards and Payment Services is a non-banking financial company that offers extensive credit card portfolio to individual cardholders and corporate clients which includes lifestyle, rewards, travel & fuel and banking partnerships cards along with corporate cards covering all major cardholders' segments in terms of income profile and lifestyle.

The company reported a 52% fall in net profit to Rs 210 crore on a 1% decline in net total income to Rs 2,540 crore in Q3 FY21 over Q3 FY20.

Ansal Housing Ltd, LCC Infotech Ltd, Suncare Traders Ltd and Intense Technologies Ltd are among the other losers in the BSE's 'B' group today, 16 April 2021.

Suvidhaa Infoserve Ltd crashed 9.98% to Rs 60 at 14:34 IST.The stock was the biggest loser in the BSE's 'B' group.On the BSE, 2875 shares were traded on the counter so far as against the average daily volumes of 532 shares in the past one month.

Ansal Housing Ltd lost 9.96% to Rs 4.88. The stock was the second biggest loser in 'B' group.On the BSE, 59059 shares were traded on the counter so far as against the average daily volumes of 7883 shares in the past one month.

LCC Infotech Ltd tumbled 9.91% to Rs 3.09. The stock was the third biggest loser in 'B' group.On the BSE, 7846 shares were traded on the counter so far as against the average daily volumes of 7461 shares in the past one month.

Suncare Traders Ltd shed 8.51% to Rs 0.43. The stock was the fourth biggest loser in 'B' group.On the BSE, 31.75 lakh shares were traded on the counter so far as against the average daily volumes of 22.39 lakh shares in the past one month.

Intense Technologies Ltd pared 6.85% to Rs 32.65. The stock was the fifth biggest loser in 'B' group.On the BSE, 3656 shares were traded on the counter so far as against the average daily volumes of 6407 shares in the past one month.

Net sales during the quarter increased by 17.82% year-on-year (YoY) to Rs 748.72 crore.

The company posted a pre-tax profit of Rs 85.67 crore in Q4 March 2021 as against a pre-tax loss of Rs 18.40 crore in Q4 March 2020.

Current tax expense rose 1.86% YoY to Rs 7.13 crore in the fourth quarter.

On a consolidated basis, the company reported 142% surge in net profit to Rs 188.10 crore on a 3.48% rise in net sales to Rs 2466.99 crore in the year ended on 31 March 2021 over the year ended on 31 March 2020.

GTPL Hathway is a digital cable TV and broadband service provider.

Ashoka Buildcon Ltd, Wipro Ltd, Angel Broking Ltd, Computer Age Management Services Ltd are among the other stocks to see a surge in volumes on NSE today, 16 April 2021.

DCM Shriram Ltd registered volume of 31.2 lakh shares by 14:19 IST on NSE, a 20.27 fold spurt over two-week average daily volume of 1.54 lakh shares. The stock rose 17.04% to Rs.649.90. Volumes stood at 3.42 lakh shares in the last session.

Ashoka Buildcon Ltd recorded volume of 68.29 lakh shares by 14:19 IST on NSE, a 8.54 times surge over two-week average daily volume of 8.00 lakh shares. The stock gained 4.28% to Rs.92.65. Volumes stood at 6.82 lakh shares in the last session.

Wipro Ltd witnessed volume of 908.43 lakh shares by 14:19 IST on NSE, a 5.58 times surge over two-week average daily volume of 162.86 lakh shares. The stock increased 9.03% to Rs.469.60. Volumes stood at 267.59 lakh shares in the last session.

Angel Broking Ltd clocked volume of 8.95 lakh shares by 14:19 IST on NSE, a 5.45 times surge over two-week average daily volume of 1.64 lakh shares. The stock gained 11.07% to Rs.330.05. Volumes stood at 76573 shares in the last session.

Computer Age Management Services Ltd clocked volume of 2.69 lakh shares by 14:19 IST on NSE, a 4.46 times surge over two-week average daily volume of 60274 shares. The stock gained 5.65% to Rs.1,959.00. Volumes stood at 71494 shares in the last session.

Among the components of the S&P BSE BANKEX index, ICICI Bank Ltd (down 1.24%), State Bank of India (down 0.48%), Bandhan Bank Ltd (down 0.32%), IndusInd Bank Ltd (down 0.17%), RBL Bank Ltd (down 0.16%), and Axis Bank Ltd (down 0.05%), were the top losers.

On the other hand, Federal Bank Ltd (up 0.72%), City Union Bank Ltd (up 0.31%), and Kotak Mahindra Bank Ltd (up 0.18%) turned up.

At 13:49 IST, the S&P BSE Sensex was up 122.84 or 0.25% at 48926.52.

The Nifty 50 index was up 79.15 points or 0.54% at 14660.6.

The S&P BSE Small-Cap index was up 272.88 points or 1.31% at 21072.57.

The S&P BSE 150 Midcap Index index was up 95.68 points or 1.41% at 6901.69.

On BSE,1763 shares were trading in green, 1033 were trading in red and 144 were unchanged.

The credit ratings agency also reaffirmed the rating of the company's term loan worth $15 million at [ICRA] AA- (stable).

ICRA said that the reaffirmed rating favourably factors in Aarti Drugs's (ADL's or the entity's) experienced management and established operations spanning over 30 years in active pharmaceutical ingredients (APIs), intermediates, speciality chemicals and formulations.

The ratings consider ADL's sizable market share as the largest domestic and global manufacturer for most of its key products. It has an established track record of supplying these molecules and derives significant operational efficiencies from large installed capacities and backward integration of intermediates and related chemicals that protect the company's profitability to an extent.

The ratings also take comfort from ADL's diversified and reputed client base, including major pharmaceuticals players with its top five customers driving approximately 7-10% of its revenues in FY2020 and H1 FY2021.

The company is undertaking a sizable capex plan of Rs 520 crore in FY2022 and FY2023 to enhance its API capacities including maintenance capex. The capex is towards scaling its capacities for APIs, related intermediates and formulations; although with an average gestation period of 18-24 months for the greenfield capex, achieving desired levels of profitability and accruals remains a key sensitivity.

The rating is also constrained by ADL's moderately high working capital intensity because of its large receivables and inventory holding period, as it is bound to maintain a minimum inventory for various raw materials and finished goods to maintain uninterrupted flow of supplies.

ADL's profitability is also exposed to regulatory risks, fluctuations in raw material prices, competition from other players and limited upside in pricing flexibility because of large share of mature product portfolio.

The 'stable' outlook reflects ICRA's opinion that ADL will continue to benefit from its established position in the domestic market, growing presence in exports markets, healthy pipeline of recently off-patent products, favourable near to medium revenue growth, and a healthy financial profile with consistent profitability.

Aarti Drugs is a pharmaceutical company and has a strong presence in the anti-diarrhea, anti-inflammatory therapeutic groups.

The drug maker's consolidated net profit soared 144.9% to Rs 68.03 crore on 12% rise in net sales to Rs 530.25 crore in Q3 December 2020 over Q3 December 2019.

The scrip rose 0.37% to Rs 706.50 on the BSE. It traded in the range of 690 and 713.15 so far during the day.

The lease has been granted by the Department of Steel & Mines, Government of Odisha, through a notification issued on April 12.

As per the notification, the mining lease of Utkal-E coal block is over an area of 523.73 hecatres in villages Nandichhod, Gopinathpur Jungle, Kundajhari Jungle, Kosala & Korada under Chendipada Tahasil of Angul District.

The initial capacity of Utkal-E coal block is 2 million tonnes per year with a total mineable reserve of approximately 70 million tonnes.

NALCO already executed the mining lease for the Utkal D Coal block in March 2021. With the grant of Utkal D & E coal blocks, the total mineable coal reserve of the company will be 175 million tonnes, which will be pivotal in meeting the coal requirement of its captive power Plant at Angul, Odisha.

NALCO will be able to produce 4 million tonnes coal per year from the operation of Utkal-D & E coal blocks. The lease for Utkal-D & E Coal block has been granted to NALCO for a period of 30 years.

Sridhar Patra, CMD of the company, said: With the grant of the mining lease of Utkal E coal block, the planned expansion activities of the Company will get a boost and will contribute significantly to the bottom line of NALCO.

NALCO is a Navratna group 'A' CPSE having integrated and diversified operations in mining, metal and power under Ministry of Mines, Government of India. As on 31 December 2020, the Government of India held 51.5% equity of NALCO.

On a consolidated basis, NALCO posted a net profit of Rs 239.71 crore in Q3 FY21 compared with net loss of Rs 33.9 crore in Q3 FY20. Revenue from operations grew by 14% to Rs 2378.79 crore in Q3 FY21 as against Rs 2088.35 crore in Q3 FY20.

NTPC Ltd is up for a third straight session in a row. The stock is quoting at Rs 102.4, up 1.04% on the day as on 12:49 IST on the NSE. The benchmark NIFTY is up around 0.63% on the day, quoting at 14673.3. The Sensex is at 48972.16, up 0.35%. NTPC Ltd has dropped around 3.89% in last one month.

Meanwhile, Nifty Energy index of which NTPC Ltd is a constituent, has dropped around 3.85% in last one month and is currently quoting at 17781.65, up 1.08% on the day. The volume in the stock stood at 71.44 lakh shares today, compared to the daily average of 220.23 lakh shares in last one month.

The benchmark April futures contract for the stock is quoting at Rs 102.85, up 1.43% on the day. NTPC Ltd is up 7.23% in last one year as compared to a 58.34% gain in NIFTY and a 46.35% gain in the Nifty Energy index.

The PE of the stock is 8.57 based on TTM earnings ending December 20.

Oil & Natural Gas Corpn Ltd gained for a third straight session today. The stock is quoting at Rs 107.6, up 2.38% on the day as on 12:49 IST on the NSE. The benchmark NIFTY is up around 0.63% on the day, quoting at 14673.3. The Sensex is at 48972.16, up 0.35%. Oil & Natural Gas Corpn Ltd has slipped around 1.6% in last one month.

Meanwhile, Nifty Energy index of which Oil & Natural Gas Corpn Ltd is a constituent, has slipped around 3.85% in last one month and is currently quoting at 17781.65, up 1.08% on the day. The volume in the stock stood at 125.11 lakh shares today, compared to the daily average of 254.63 lakh shares in last one month.

The benchmark April futures contract for the stock is quoting at Rs 107.75, up 2.28% on the day. Oil & Natural Gas Corpn Ltd is up 41.02% in last one year as compared to a 58.34% spurt in NIFTY and a 46.35% spurt in the Nifty Energy index.

The PE of the stock is 20.43 based on TTM earnings ending December 20.

Tata Motors Ltd is up for a third straight session today. The stock is quoting at Rs 312.75, up 3.05% on the day as on 12:49 IST on the NSE. The benchmark NIFTY is up around 0.63% on the day, quoting at 14673.3. The Sensex is at 48972.16, up 0.35%. Tata Motors Ltd has gained around 2.27% in last one month.

Meanwhile, Nifty Auto index of which Tata Motors Ltd is a constituent, has gained around 2.74% in last one month and is currently quoting at 9691.45, up 1.95% on the day. The volume in the stock stood at 475.86 lakh shares today, compared to the daily average of 697.96 lakh shares in last one month.

The benchmark April futures contract for the stock is quoting at Rs 313, up 3.06% on the day. Tata Motors Ltd is up 306.96% in last one year as compared to a 58.34% jump in NIFTY and a 74.3% jump in the Nifty Auto index.

The PE of the stock is 0 based on TTM earnings ending December 20.

Post transaction, IDBI Bank's shareholding in 3i Infotech has reduced to 6.94% from 8.99% held earlier.

3i Infotech's consolidated net profit dropped 19.6% to Rs 21.87 crore on a 4.9% decline in net sales to Rs 273.31 crore in Q3 December 2020 over Q3 December 2019.

3i Infotech is a global information technology company providing IP based software solutions and a wide range of IT services across various sectors including banking, insurance, capital markets, asset & wealth management manufacturing, retail, distribution, telecom and healthcare.

Shares of 3i Infotech were up 1.13% to Rs 7.15 on BSE. The scrip hovered in the range of Rs 6.94 to Rs 7.21 so far.

Even though the manufacturing plant of G M Breweries is operational, the closure of retail outlets is likely to have some impact on the sales of the company during the month of April 2021, it said.

It added that trade bodies have made a representation to the government to permit sale of country liquor online, door delivery and parcel. A decision in this regard is expected soon.

Hence, the exact impact on the sales due to current scenario cannot be ascertained at this juncture, the company said.

G M Breweries' net profit surged 155.3% to Rs 45.34 crore in Q4 FY21 from Rs 17.76 crore in Q4 FY20. Net sales during the quarter rose 17.2% year-on-year (Y-o-Y) to Rs 127.70 crore.

G M Breweries is engaged in manufacturing and marketing of country liquor.

Shares of G M Breweries gained 0.29% to Rs 408.80 on BSE. The stock hit an intraday high of Rs 414.35 and an intraday low of Rs 405.60 so far.

IL&FS Investment Managers Ltd, KDDL Ltd, Ortin Laboratories Ltd and 5Paisa Capital Ltd are among the other gainers in the BSE's 'B' group today, 16 April 2021.

Times Guaranty Ltd spiked 20.00% to Rs 35.4 at 12:02 IST. The stock was the biggest gainer in the BSE's 'B' group. On the BSE, 48729 shares were traded on the counter so far as against the average daily volumes of 1151 shares in the past one month.

IL&FS Investment Managers Ltd surged 20.00% to Rs 4.68. The stock was the second biggest gainer in 'B' group. On the BSE, 2.31 lakh shares were traded on the counter so far as against the average daily volumes of 83816 shares in the past one month.

KDDL Ltd soared 20.00% to Rs 361.85. The stock was the third biggest gainer in 'B' group. On the BSE, 6521 shares were traded on the counter so far as against the average daily volumes of 920 shares in the past one month.

Ortin Laboratories Ltd added 19.96% to Rs 31.55. The stock was the fourth biggest gainer in 'B' group. On the BSE, 91821 shares were traded on the counter so far as against the average daily volumes of 23046 shares in the past one month.

5Paisa Capital Ltd exploded 13.46% to Rs 396.7. The stock was the fifth biggest gainer in 'B' group. On the BSE, 32808 shares were traded on the counter so far as against the average daily volumes of 11884 shares in the past one month.

Repco Home Finance Ltd, DCM Shriram Ltd, Wipro Ltd and CARE Ratings Ltd are among the other gainers in the BSE's 'A' group today, 16 April 2021.

Hester Biosciences Ltd soared 11.77% to Rs 2250 at 11:49 IST. The stock was the biggest gainer in the BSE's 'A' group. On the BSE, 4329 shares were traded on the counter so far as against the average daily volumes of 4992 shares in the past one month.

Repco Home Finance Ltd spiked 10.90% to Rs 312.9. The stock was the second biggest gainer in 'A' group. On the BSE, 19937 shares were traded on the counter so far as against the average daily volumes of 11675 shares in the past one month.

DCM Shriram Ltd surged 10.40% to Rs 617.1. The stock was the third biggest gainer in 'A' group. On the BSE, 72113 shares were traded on the counter so far as against the average daily volumes of 18598 shares in the past one month.

Wipro Ltd spurt 9.03% to Rs 469.9. The stock was the fourth biggest gainer in 'A' group. On the BSE, 35.43 lakh shares were traded on the counter so far as against the average daily volumes of 5.19 lakh shares in the past one month.

CARE Ratings Ltd advanced 7.77% to Rs 478.6. The stock was the fifth biggest gainer in 'A' group. On the BSE, 25724 shares were traded on the counter so far as against the average daily volumes of 20419 shares in the past one month.

Makesense Technologies, a subsidiary of Info Edge (India), is in the business of providing services and solutions in relation to placement consultancy, personnel recruitment, staffing, professional hiring and management consultancy to all kinds of persons, firms ororganizations.

PB Fintech is engaged in the business of operating a price comparison engine; operating an online sales channel for insurance policies and other financial products for customers; and providing other value added services apart from acting as adirect selling agent of banks and financial institutions.

The amalgamation will result in streamlining of the corporate structure; pooling of resources between the two companies; significant reduction in the multiplicity of legal and regulatory compliances required at present to be carried out by both the companies; rationalisation of costs; and reduction of administrative responsibilities, etc.

Upon the scheme of amalgamation, PB Fintech will allot its shares on a proportionate basis to shareholders of the Makesense Technologies. Further, there will be no change in shareholding pattern of Info Edge (India).

“59,750 equity shares of face value Rs 2 each, fully paid up and 60,030 compulsorily convertible preference shares of face value Rs 20 each, fully paid up of PB Fintech in the proportion of the number of equity shares held by the shareholders in Makesense Technologies,” the company said in a statement.

On a consolidated basis, Info Edge (India) reported a net profit of Rs 679.04 crore in Q3 December 2020 as compared to a net loss of Rs 62.12 crore in Q3 December 2019. Net sales declined 17.1% to Rs 277.64 crore in Q3 December 2020 over Q3 December 2019.

Info Edge (India) is among the leading internet companies in India. The company runs leading internet businesses viz. Naukri.com, Jeevansathi.com, 99acres.com and Shiksha.com. The company also owns Quadrangle and Naukri Gulf. It has made significant strategic investments such as zomato.com, policybazaar.com and happily unmarried.com etc.

Shares of Info Edge (India) rose 0.97% to Rs 4,628.30 on BSE. The stock hit an intraday high of Rs 4,679.20 and an intraday low of Rs 4,566.85 so far.

Post transaction, Sands Capital Management has increased its stake in Apollo Hospitals Enterprise to 7.0190% from 5.0083% held earlier.

Apollo Hospitals Enterprise's consolidated net profit jumped 49.1% to Rs 134.16 crore on 5.2% decrease in net sales at Rs 2,759.84 crore in Q3 December 2020 over Q3 December 2019.

Apollo Hospitals Enterprise is a private sector healthcare provider. It owns and operates hospitals across the country.