Lupin, Apollo Tyres, Westlife, Raymond and Nazara are set to release their Q4 results on Tuesday. Lupin is expected to report a profit of Rs 233 crore, down from the last quarter but considerably better than the loss of Rs 518 crore reported last year. Apollo Tyres is expected to see its profit more than double to Rs 308 crore while Westlife Foodworld’s profit is set to grow 37% to Rs 21 crore.
Govt to sell up to 6% stake in Hindustan Copper via OFS; floor price at 10% discount
The government will sell a 3% stake in Hindustan Copper through an OFS at Rs 514 per share, with an option to divest another 3%.