Improvements in technology stocks and weak global cues ahead of US inflation data weighed on the markets in the previous session as the BSE Sensex closed 87 points lower at 54,395. However, the benchmark indices showed a smart recovery of over 300 points from the day’s lows, led by buying in banking and financial services, auto, metal, pharma and select FMCG stocks. Nifty 50 closed 4.6 points lower at 16,216.
result today
HCL Technologies, Delta Corp, Anand Rathi Wealth, Arteson Engineering, Sterling & Wilson Renewable Energy, Trident Texofab, Virinchi, Goa Carbon, Plastiblends India, Roslabs Finance, Shree Ganesh Remedies and Swiss Military Consumer Goods will be the focus ahead of the quarterly earnings.
stock in focus
Dhruv Consultancy Services
Letter of Approval (LOA) to the company for independent engineering services during development and operation of road project in Sikar-Bikaner section of NH-11 in Rajasthan through Public Private Partnership on Design, Build, Finance, Operate and Transfer (DBFOT) have received. Dhruv Consultancy Services has bagged this contract in association with G-Square Infra Projects. The independent engineering service fee for the said project would be Rs 4.14 crore and the contract period would be 36 months.
SecureCloud Technologies
Healthcare Triangle Inc., USA, a step-down subsidiary of the Company, has entered into a definitive agreement with a single institutional investor to issue and sell 60.97 lakh shares of its common stock in a private placement. The private placements are expected to close on or around July 13.
5Paisa Capital
The company reported a 2.6 per cent year-on-year growth in consolidated profit at Rs 7.39 crore for the quarter ended June 2022. Revenue from operations grew 40 per cent year-on-year to Rs 84.03 crore during the quarter.
HFCL
The company has received purchase orders worth Rs 59.22 crore from one of the leading private telecom operators in the country to provide services for rolling out its fiber to home (FTTH) network and long distance fiber network in various telecom circles.
Satin Creditcare Network
The company said the board of directors approved raising funds by issuing non-convertible debentures (NCDs) up to Rs 5,000 crore on private placement basis in one or more tranches. Funds will be raised within a period of one year from the date of shareholders’ approval.
Ahluwalia Contracts (India)
The company has received a fresh order from Rithananda Balved Education Foundation for construction work of Rs 150 crore for Amity Campus Bangalore. Total order flow during FY23 stood at Rs 863 crore
Techno Electric & Engineering Company
The company said the board of directors approved a proposal to buy back shares up to Rs 130 crore at a price of up to Rs 325 per share.
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