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HomeNewsOther NewsStocks in news: Shree Cement, Federal Bank, Infosys, Havells and more

Stocks in news: Shree Cement, Federal Bank, Infosys, Havells and more

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Benchmark indices closed at record highs on Wednesday. BSE Sensex acquired 302.30 points or 0.45 percent to settle at 67,097.44, while NSE’s Nifty50 included 83.90 points or 0.42 percent to 19,833.15.

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

RIL

With the demerger of Reliance Strategic Investments (to be relabelled as Jio Financial Services or JFS), an unique pre-open session for Reliance Industries Ltd (RIL) will begin at 9 am on Thursday for 60 minutes.

L&T Finance Holdings

L&T Finance Holdings has more than doubled its net earnings to Rs 531 crore in Q1. Revenue from operations rose 8% to Rs 3,223 crore.

Tata Communications

Tata Communications logged a 30% decrease in net earnings at Rs 382 crore for the very first quarter ended June. Revenue from operations zoomed 11% to Rs 4,771 crore.

Earnings Today

Shares of HUL, Infosys, Havells, and United Spirits remain in focus as the business will reveal their very first quarter revenues today.

Mastek

Mastek has actually logged a 9% fall in net earnings to Rs 70 crore in the June quarter. However, profits from operations climbed up 27% year-on-year to Rs 725 crore.

Federal Bank

Federal Bank has actually released a QIP (certified institutional positioning) concern and repaired Rs 132.59 as the flooring rate.

Shree Cement

The business received a letter from the federal government for the order of examination.

Hatsun Agro

Hatsun Agro reported a net earnings of Rs 80 crore for the April-June duration. Revenue from operations stood at Rs 2,150 crore.

Also read: Reliance Industries, Infosys, HCL Technologies, HUL, ICICI Securities, others amongst stocks to enjoy on July 20, 2023

Also read: Top News on July 20: NSE’s unique pre-open session for RIL, Q1 outcomes of HUL, Infosys, Havells India; MRF, TCS, HCL Tech ex-dividend stocks, Nifty, Parliament Monsoon Session 2023, Vivo Y27 launch

Also read: Stocks that share market experts suggested on July 20, 2023: IndusInd Bank, Havells India, GAIL, LTIMindtree

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