The Indian stock market is likely to open lower on Tuesday after a mixed trend of global competitors and concerns of a resurgence of stocks coronavirus Matters in multiple countries At 7:10 am, the Singapore-traded SGX Nifty, which serves as an early indicator of India’s Nifty, was trading 20.50 points or 0.13 per cent lower at 15,721.00, according to Dalal Street. Indicates a negative start for cnbctv18.com Reported.
Top stocks to watch for the day:
HCL Technologies: The company’s Q1FY22 consolidated net profit increased to Rs 3,214 crore from Rs 2,962 crore in Q1FY21. While revenue increased from Rs 19,642 crore to Rs 20,068 crore, QoQ. The company maintained fiscal 2012 constant currency revenue growth guidance of double digits and earnings before interest and taxes (EBIT) margin guidance of 19-21 percent.
LIC Housing Finance: The company has approached the Securities Appellate Tribunal (SAT) regarding its proposal to allot over 4.5 crore preference shares to the parent company, Life Insurance Corporation (LIC).
ACC: The company reported higher profit of Rs 533.8 crore in Q2CY21 as against Rs 268 crore in the corresponding period of last year. Revenue grew 49.4 per cent to Rs 3,884.8 crore from Rs 2,600.8 crore.
Jindal Stainless: The company has entered into an agreement with Tata Steel Mining for mining the common boundary at Sukinda, Odisha.
Adani Group Stocks: The company has clarified that it has not received any communication or information request from the recent show cause notices from Securities and Exchange Board of India (SEBI) and Directorate of Revenue Intelligence (DRI) issued almost five years ago.
Zen Technologies: Defense Training Solutions Company secures export order worth Rs 120 crore.
Talc: The Indian multinational technology company’s net profit for Q1FY22 fell to Rs 15.49 crore from Rs 36.81 crore in Q1FY21. Revenue increased to Rs 516.47 crore from Rs 386.06 crore annually.
Credit Access Rural: The company has raised a debt of USD 25 million (approximately Rs 187 crore) from Swedish development finance institution – Swedfund International, through the external commercial borrowing route.
Reliance Infrastructure: The company has raised Rs 550.56 crore by issuing securities on preferential basis to its promoter group and Verde Investment Partners, LP. Following the due process of allotment, the promoter group’s stake in Reliance Infra will increase to 22.06 per cent on complete conversion of warrants.
Turns: The consumer durables company on Monday said it has appointed Jitendra P Verma as its Chief Financial Officer (CFO).
Nippon Life India Asset Management: The company’s Q1FY22 consolidated profit increased to Rs 181.54 crore from Rs 156.30 crore in Q1FY21. Revenue increased to Rs 302.27 crore from Rs 233.12 crore annually.
Zuari Agro Chemicals: The company has resumed production at the NPK-B plant in Goa.
Dhanlaxmi Bank: The private lender announced a strategic alliance with SMC Global Securities to provide online trading services to its clients.
Today Earnings: Asian Paints, Arihant Superstructure, Bajaj Finance, Crisil, ICICI Prudential Life Insurance Company, ICICI Securities, India Tourism Development Corporation, JSW Ispat Special Products, Jubilant Ingravia, Kohinoor Foods, DCM Shriram, Mangalam Organics, Newgen Software Technologies, Rane (Madras), Reliance Industrial Infrastructure, Shyam Metallics & Energy, Syngene International, among others will release their quarterly earnings on July 20.
read all Breaking Newshandjob today’s fresh news and coronavirus news Here
.