Tuesday, May 21, 2024
Tuesday, May 21, 2024
HomeNewsOther NewsStocks in news: Rallis India, IndusInd Bank, L&T Tech, Tata Communications and...

Stocks in news: Rallis India, IndusInd Bank, L&T Tech, Tata Communications and more

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Benchmark indices closed at record highs on Tuesday. Sensex got 205.21 points, or 0.31 percent, to end the session at 66,795.14. Nifty50 increased 37.80 points, or 0.19 percent, to close at 19,749.25.  

Here’s a take a look at stocks that are most likely to stay in news today.  

Rallis India 

Rekha Jhunjhunwala has actually offered 5% stake in Rallis India through block deals, while promoter Tata Chemicals has actually gotten those shares. 

IndusInd Bank 

IndusInd Bank reported a 33% increase in net revenue for the quarter ended June at Rs 2,124 crore. Total earnings climbed up 28% YoY to Rs 12,939 crore. 

L&T Technologies 

Net revenue for the June quarter climbed up 13% year-on-year to Rs 311 crore. The business reported profits of Rs 2,301 crore in Q1, up 15% YoY. 

ICICI Lombard 

ICICI Lombard’s net revenue increased 12% year-on-year to Rs 390 crore for the very first quarter ended June. 

Amara Raja Batteries  

Clarios ARBL Holding has actually unloaded whole stake in battery maker Amara Raja Batteries through bulk deals

Earnings today  

Shares of Tata Communications, L&T Finance, and Bank of Maharashtra remain in focus as the business will reveal their very first quarter incomes today. 

Hero MotoCorp  

Hero MotoCorp has actually introduced the brand-new Xtreme 200S 4 Valve. 

 

Also read: Blue Dart Express, IndusInd Bank, RVNL, Polycab India, Tata Communications, others amongst stocks to view on July 19

Also read: Top news on July 19, 2023: Q1 outcomes of Tata Communication, L&T Finance, BCPL Railway, Blue Dart amongst ex-dividend stocks

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