Action is seen on the shares of the stock companies of the listed companies of the stock market or the decisions taken by the government. Some companies announce their decisions after market close and some companies make their decisions public during market hours. Sometimes such information about companies is also filtered from other sources, which has a favorable or unfavorable effect on their stocks. Keeping this in mind, we provide daily information about such stocks or companies in the form of Buzzing Stocks for the investors, which will be in the headlines or focus during the market today due to some reason.
Know which companies or stocks have made headlines before the market opens today and what is the reason behind it-
Results on January 13: Today i.e. on January 13, Mindtree, Tata Metaliks, Aditya Birla Money, CESC, Athena Global Technologies, Eureka Industries, Gautam Gems, GTPL Hathway, Mega Corporation, Mishtann Foods, Palm Jewels, Plastiblends India, Rotographics (India) And companies like Surana Solar etc. will declare their results.
Tata Consultancy Services: The company’s profit increased to Rs 9,769 crore in Q3FY22 as compared to a profit of Rs 9,624 crore in Q2FY22. The company’s income increased to Rs 48,885 crore from Rs 46,867 crore on a quarterly basis. The company also approved buyback of 4 crore equity shares up to Rs 18,000 crore at a price of Rs 4,500 per share.
Infosys: On a quarterly basis, the company’s profit in Q3FY22 increased to Rs 5,809 crore, while in Q2FY22 the company had a profit of Rs 5,421 crore. At the same time, the company’s income increased from Rs 29,602 crore to Rs 31,867 crore.
Wipro: The company’s dollar earnings in Q3FY22 increased to Rs 2,63.97 crore while the company’s dollar income in Q2FY22 was $258 million and the company expects constant currency revenue growth at 2-4% for Q4FY22.
Trade setup for today: Take a look at these figures before the market opens, it will be easy to catch profitable deals
Tata Motors: JLR retail sales declined 37.6% to 80,126 vehicles in October-December 2021 on a year-on-year basis, with China sales falling 6.9% and Europe sales falling 6.8% on a quarterly basis.
Titagarh Wagons: The company has bought the land and infrastructure of Precision Shipyard located in Falta, West Bengal in an auction sale organized by Union Bank of India.
Kotak Mahindra Bank: The bank passed a resolution to limit the voting rights of promoters to 26%.
Route Mobile: The company has launched WhatsApp banking facility for Bank of Maharashtra.
Manappuram Finance: The company will look to raise funds through non-convertible debentures on January 17.
Nazara Technologies: The company will meet on January 17 to consider the issue of shares.
RITES: The company and the Indian Institute of Technology, Roorkee (IIT-R) have entered into a Memorandum of Understanding (MoU) to explore viable business opportunities in the infrastructure sector.