*Stocks in News*
Tech Mahindra: The company reported a higher consolidated profit at Rs 1,378.2 crore in Q3FY22 against Rs 1,340.9 crore in Q2FY22, revenue rose to Rs 11,450.8 crore from Rs 10,881.3 crore QoQ.
Laxmi Organic Industries: The company reported a higher consolidated profit at Rs 82.09 crore in Q3FY22 against Rs 45.21 crore in Q3FY21, revenue jumped to Rs 859.87 crore from Rs 435.5 crore YoY.
Amber Enterprises India: The company has entered into definitive agreements with Pravartaka Tooling Services and acquired a 60% stake in Pravartaka, which is in the business of injection mould tool manufacturing and injection moulding components manufacturing for various industries.
Windlas Biotech: The company concluded SAHPRA (South African Health Products Regulatory Authority) inspection audit report for the Plant-IV situated at Dehradun with zero critical observations/ deficiencies, zero major deficiencies and some minor deficiencies.
Anupam Rasayan: The company will acquire a 24.96% stake in Tanfac Industries from Birla Group Holdings and Others.
VIP Industries: The company reported consolidated profit at Rs 33.47 crore in Q3FY22 against loss of Rs 7 crore in Q3FY21, revenue rose to Rs 397.34 crore from Rs 232.53 crore YoY.
MMTC: The government approved Tata Steel Long Products as a strategic buyer for privatisation of Neelachal Ispat Nigam, a joint venture of four CPSEs (MMTC, NMDC, BHEL, MECON) and two Odisha government PSUs (OMC and IPICOL).