Here are a host of stocks that will be in the spotlight today for various reasons.
infosys
infosys has reported a weak set of numbers for the fourth quarter as its revenue in constant currency terms fell 3% sequentially. Operating margins were also under pressure at 21%. Following the results, Infosys' ADRs on Thursday fell nearly 9%. The stock is likely to react negatively on Monday.
HDFC bank
HDFC bank posted a 20% YoY increase in net profit for the quarter ending March to Rs 12,047 crore. Net interest income grew 24% YoY to Rs 23,352 crore.
angel one, just checkTV broadcast 18
Shares of Angel One, Just Dial and TV 18 Broadcast will be in the spotlight today as the companies announce their fourth quarter results.
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Hathway GTPL
GTPL Hathway has reported a net loss of Rs 12 crore for the quarter ending in March. Meanwhile, the revenue came in at Rs 692 crore.
Zydus Life Sciences
Zydus Lifesciences has received final approval from the United States Food and Drug Administration (USFDA) to manufacture and market isoproterenol hydrochloride injection.
ZEE Entertainment
Openheimer is likely to sell a 5.65% stake in ZEE Entertainment via block deals, according to reports.
Mutual Finance
The company completed the prepayment of external business loans to the tune of $225 million on April 13.
brightcom
The Securities and Exchange Board of India (SEBI) has issued an interim order for good cause notice against Brightcom Group and its directors, alleging major fraud on the company's financial statements.
Tata Metaliks
Tata Metaliks, which had to hold its board of directors to approve the financial results, informed the stock markets that it will be rescheduled due to unavoidable circumstances. The revised date will be announced in due course.
torrent power
Lalit Malik resigned as Torrent Power's full-time CFO and key administrative staff effective April 13. The company appointed Saurabh Mashruwala as its new chief financial officer effective April 14.
gujarat gas
The company's Board of Directors appointed Milind Torawane as CEO of the company effective April 13.
BPCL
BPCL received approval from the Madhya Pradesh government for the expansion of the Bina refinery and the establishment of a petrochemical project.
Ugre Capital
Ugro Capital has approved an issue price of Rs 152 per equity share in respect of the proposed placement of equity shares of qualified institutions.
PCBL
PCBL has announced the start of commercial production of a 63,000 MT greenfield carbon black manufacturing plant in Tamil Nadu
sugar sugar
The company informed the exchanges that they have started operations of the 250 KLPD grain-based distillery at the Ugar plant.
tata motors
Tata Motors announced that it will increase the prices of its passenger cars from May 1. This price increase will be 0.6% depending on the model and variant.
