Stocks in News
3i Infotech: Srei Multiple Asset Investment Trust sold 2.31% stake in the company via open market transaction, reducing total shareholding to 11.32% from 13.63%.
Mastek: Hiral Chandrana has been appointed as the Global Chief Executive Officer of Mastek Group. Chandrana will be operating out of USA.
Titan Company: The company recorded revenue growth of around 117% (excluding bullion sales) in Q1FY22, with revenue contribution of approximately 50%, 10% and 40% coming from April, May and June months respectively. Jewellery division in Q1FY22 grew by around 107% (excluding bullion sales), compared to last year, primarily due to zero sales in April of last year. Watches and wearables division grew by around 280% over Q1FY21. Eye Wear division grew by around 117% over Q1FY21.
Gillette India: The company appointed Gautam Kamath as Chief Financial Officer and Additional (Executive) Director effective August 1.
Sobha: The company achieved total sales volume of 8,95,539 square feet of super built-up area valued at Rs 682.9 crore in Q1FY22 against 6,50,400 square feet of super built-up area valued at Rs 487.7 crore sold in Q1FY21.
RBL Bank: The bank's total deposits grew by 21% YoY to 74,480 crore and gross advances increased by 2 percent to Rs 58,755 crore in June 2021 quarter.