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.
WIPRO in focus
WIPRO got a contract of 15 crore DOLLAR i.e. about 1100 crore rupees from multinational company ABB. Received a 5-year order to improve ABB’s IT infrastructure.
INFOSYS IN FOCUS
The country’s leading IT company Infosys will hire 55,000 or more freshers in the next financial year. Infosys CEO Salil Parekh gave this information on Wednesday. This statement of Salil Parekh has come at a time when there is competition for talent in the IT industry. Salil Parekh, in an interaction during NASSCOM’s Technology and Leadership Forum 2022 (NTLF), said, “We will be hiring 55,00 college graduates in this financial year, which will end in the next few months. Also we will be looking to hire 5,00 college graduates in the next financial year.” I will also hire the same or more number of freshers.
JUBILANT INGREVIA IN FOCUS
Production has commenced from the new Diketene Derivatives Plant. The capacity of the new plant will be 7000 TPA.
The company has settled a dispute with RUAG for 21.9 Mn. Consent order has been approved by the International Court of Justice.
Also read- Tata group to make Air India financially strong, world’s most advanced airline: Chandrasekaran
KALPATARU POWER IN FOCUS
The company will consider restructuring on February 19.
GHCL in focus
The company will set up a 20 MW solar power plant. There will be an investment of `83 Cr on the new plant.
Avenue Supermarts in focus
Credit rating agency CRISIL has affirmed AA+ rating with stable outlook for the company’s Rs 500 crore bank credit facilities. The stock was down 0.75 per cent on February 16 and has given a return of 29 per cent in the last one year. At the same time, it has fallen by 6 percent in the last one week.
Best Agrolife in focus
The subsidiary Best Crop Science (earlier known as Best Crop Science LLP) has received a license from the Central Insecticides Board and Registration Committee for indigenous manufacturing of Spiromifene technology. The stock had gained 0.76 per cent in yesterday’s trade. In the last one year, this stock has seen a return of 81 percent, while in one month it has declined by 15 percent.
Compuage Infocom | The company got board nod to raise funds up to Rs 50 crore through a rights issue. The stock closed flat on February 16, but in the last one year, this stock has given a return of 136 per cent. At the same time, this stock has lost 12 percent in 1 month.
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