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Sunday, January 23, 2022

Stocks in news: These are the popular stocks of today, keep an eye on them

By keeping a close watch on every movement of stocks, your investment can definitely be protected. Here we are telling such stocks which will remain in the news today and on which the market will be eyeing.

TCS, INFOSYS and WIPRO Q3 results today

The Q3 results of three IT giants TCS, INFOSYS and WIPRO will be out today. INFOSYS and WIPRO are projected to grow more than 3 per cent in dollar revenue, while TCS’ dollar revenue is expected to grow by 2.1 per cent. TCS will also consider the fourth buyback today.

Delta Corp: Fantastic Q3 results, online business IPO to come

Delta Corp has produced some of the best results ever. The company’s profit has increased from Rs 1.25 crore to Rs 76 crore in the third quarter on a year-on-year basis. There has also been a strong increase of 64 percent in income. Preparations have also started for the listing of the company’s online gaming business.

Tata Tele: Decision to give equity under moratorium

Tata Tele will issue equity to the government under the option of moratorium. The government will hold 9.5 per cent stake in the company. The interest amount related to AGR is around Rs 850 crore.

Rupa & Company In Abakkus Asset Manager LLP, 14.45 Lakh Equity Shares have been bought at the rate of 465.5 per share. Along with this, Abakkus Growth Fund-2 has bought 8.61 lakh equity shares at Rs 465.5 per share. At the same time, Ziyan Developers LLP has sold 23.06 lakh shares of the company at Rs 465.5 per share.

Steel Exchange India May Societe Generale has bought 5 lakh shares at Rs 226.02 per share.

UltraTech Cement in Focus

Work has started in Line-2 of Bara grinding unit of UP. Line-2 has a production capacity of 2MTPA. Line-1 started operations in January 2020.

Focus Tata Consumer

Gharry Eccles has been appointed to the company. He has been appointed President for International Business. He has worked for the JV of Nestle-General Mills.

federal bank

Federal Bank has raised Rs 700 crore through bonds. Subsidiary Fedbank Financial’s IPO has been cleared.

Government company RITES has signed MoU with SMEC Group. Explore new opportunities for infrastructure projects. SMEC Group is an Australian company.

IRFC has appointed Lead Manager for the $700 million Global Note Program.

DLF’s ONE MIDTOWN project in New Delhi has received an overwhelming response. 1500 crores have been booked in this. ONE MIDTOWN is a recently launched luxury project.

Novelis will set up an Automotive Recycling Center in the US. The Automotive Recycling Center will cost $365 million. Novelis is a subsidiary of Hindalco.

FOCUS ON RUPA & COMPANY

Ziyan Developers has sold 23.06 lakh shares of the company. Abakkus Asset Managers has bought shares of the company.

FOCUS ON PI INDUSTRIES

LIC has bought additional 72000 shares of the company. LIC’s share in the company has increased from 4.89% to 5.03%.

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Shehnazhttps://www.businesskhabar.com/
Shehnaz is a Corporate Communications Expert by profession and writer by Passion. She has experience of many years in the same. Her educational background in Mass communication has given her a broad base from which to approach many topics. She enjoys writing about Public relations, Corporate communications, travel, entrepreneurship, insurance, and finance among others.
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