Saturday, November 2, 2024

Stocks in news: RIL, Wipro, Paytm, Infosys, Tata Technologies

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Domestic markets experienced a robust trading day, with the Nifty50 index reaching a new milestone of 24,800. In today’s trade, shares of RIL, Wipro, Paytm, Infosys, Tata Technologies among others will be in focus due to first-quarter results and various news developments.

Reliance Industries, Wipro, Paytm, JSW Steel

Shares of Reliance Industries, Wipro, Paytm and JSW Steel in focus as the companies will announce their first quarter results today.

Tata Technologies
Tata Technologies on Thursday reported 15% decline in its consolidated net profit at Rs 162 crore for the first quarter ended June 2024.

Vodafone Idea
Vodafone Idea on Thursday approved the first tranche of allotment of over 41.52 crore equity shares worth Rs 615 crore.Infosys
The IT services exporter reported a robust 3.6% quarter-on-quarter revenue growth in constant currency, surpassing estimates led by broad-based growth across verticals.

Tech Mahindra
Tech Mahindra to merge step down arm vCustomer Philippines Inc (Cebu) with its parent vCustomer Philippines Inc.

CIE Automotive
CIE Automotive posted net profit of Rs 217 crore in the June quarter. Revenues were at Rs 2,298 crore in the same period.

Tanla Platforms
Tanla Platforms’ net profit stood at Rs 141 crore in the first quarter, while revenues came in at Rs 1,002 crore.

Dalmia Bharat
Dalmia Bharat reported net profit of Rs 145 crore in the first quarter. Revenue for the same period was at Rs 3,621 crore.

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