Here are stocks that are in the news today:
Results on July 18: ACC, Cyient, GKW, Sanco Industries, DB Corp, Uttam Galva Steels, Larsen & Toubro Infotech, Hatsun Agro Product, Sterlite Technologies, 8K Miles Software Services, Rallis India, Colgate Palmolive (India), Sasken Technologies, Trident, Pioneer Distilleries, InfoBeans Technologies
Wipro Q1: IT services rupee revenue down 1.6 percent to Rs 14,351.4 crore, dollar revenue degrew 1.3 percent to $2,038.8 million QoQ. Company expects Q2 IT services dollar revenue in the range of $2,039-2,080 million, a growth of 0-2 percent over Q4FY19.
Yes Bank Q1: Profit falls 91 percent to Rs 113.8 crore, net interest income grows 2.8 percent to Rs 2,281 crore YoY; net NPA increases to 2.91 percent versus 1.86 percent and gross NPA rises to 5.01 percent versus 3.22 percent QoQ.
Mindtree Q1: Profit plunges 53.3 percent to Rs 92.7 crore, rupee revenue slips 0.3 percent to Rs 1,834.2 crore, dollar revenue grows 0.8 percent to $264.2 million QoQ.
Mindtree: Company appointed Anilkumar Manibhai Naik as the Non-Executive Chairman.
Punjab & Sind Bank: Fraud of Rs 238 crore by Bhushan Power is being reported to RBI.
NMDC: Karnataka High Court allows plea for Donimalai mining operations and set aside order on Donimalai royalty pay to Karnataka.
Axis Bank: Sanjiv Misra has ceased to be the non-executive (part-time} chairman and Rakesh Makhija to assume charge as non-executive (part-time) chairman.
Suzlon Energy: Company is working on holistic solution for outstanding debt and continues to be in discussion with stakeholders w.r.t debt including bonds.
Firstsource Solutions: Vipul Khanna to be MD, CEO.
JSW Energy: Lien on 1.06 percent promoter stake released on July 9.
Oil India: Company emerged as the biggest winner of oil & gas blocks under Open Acreage Licensing Policy (OALP) rounds II & III by winning 12 blocks out of 32 blocks for which bids were submitted by leading Operators.
Mcleod Russel: 20,44,670 shares of company held by Williamson Financial Services have been invoked by Vistra ITCL (India) [Trustee for the joint lenders namely - IL&FS Financial Services, IL&FS Infrastructure Debt Fund, Aditya Birla Finance] on July 8.
Newgen Software Technologies: Company secured patent for automated quality and usability assessment of scanned documents.
S Chand and Company: CARE reaffirmed its rating on long term bank facilities at A with stable outlook.
DFM Foods Q1: Profit jumps to Rs 7.63 crore versus Rs 5.01 crore; revenue rises to Rs 127.72 crore versus Rs 98.69 crore YoY.
Bulk deals
(For more bulk deals, click here)
Discover the latest business news, Sensex, and Nifty updates. Obtain Personal Finance insights, tax queries, and expert opinions on Moneycontrol or download the Moneycontrol App to stay updated!