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HomeNewsOther NewsStocks in news: Tata Power, Adani Wilmar, Marico, JSW Steel and more

Stocks in news: Tata Power, Adani Wilmar, Marico, JSW Steel and more

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Benchmark indices increased in early deals today. Sensex got 78 pts to 65,524 and Nifty included 22 pts to 19,421.

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

Adani Wilmar

Adani Wilmar has actually clocked strong double-digit volume development at 25% for the June 2023 quarter. However, sales fell 15%, primarily due to sharp drop in edible oil rates.

Biocon

Biocon Biologics, a subsidiary of Biocon, has actually revealed that the business has actually finished the combination of the obtained biosimilars business in over 70 nations in emerging markets.

LIKEWISE READ: Rs 49 to Rs 289: This power stock developed into a multibagger in 3 years

Marico

The FMCG company’s combined profits in the very first quarter dropped to low-single digits on a year-on-year basis, led by rates interventions in essential domestic portfolios in 2015 and more rates cuts in Saffola edible oils. DCB Bank

DCB Bank

The Reserve Bank of India has actually given approval to Tata AMC to get a stake in DCB Bank approximately 7.5%.

Ujjivan SFB

The Bank’s advances are up 31% YoY to Rs 25,346 crore, while deposits increased 44% YoY to Rs 26,655 crore for the quarter ended June.

LIKEWISE READ: Multibagger defence stock zoomed 450% from 52-week low to 52-week high in a year, more upside ahead?

LTIMindtree

LTIMindtree has actually introduced a thorough cyber healing and information defense platform called ‘LTIMindtree V-Protect’, powered by Rubrik, the Zero Trust Data Security business.

RRP Infra

RRP Infra Projects Ltd has actually received a letter of approval for a brand-new job worth Rs 289 crore

JSW Steel

JSW Steel Ltd will change Housing Development Finance Corporation (HDFC) in S&P BSE Sensex, reliable from July 13.

Prestige Estates Projects

The south-based real estate agent and its subsidiary Prestige Exora Business Parks have actually tattooed joint endeavor arrangement with W S Industries (India) for advancement of IT/IT allowed services/parks in 6.53 acre of unmovable property in Chennai. W S Industries (India) proposes to execute the job through its subsidiary business WS Insulators.

KEC International

The facilities EPC significant has actually won brand-new orders of Rs 1,042 crore throughout its different businesses consisting of first worldwide order for a signaling & telecommunication job in SAARC, and likewise orders for T&D tasks in India, Middle East, Europe and Americas.

Tata Power

The business has actually received Letter of Award to execute wise metering job in Chhattisgarh State Power Distribution Company. The worth of the 10-year job is Rs 1,744 crore.

Also read: RIL Q1 earnings might drop in double digits. What experts state on most-valued stock

 

Also read: JSW Steel shares might bring in $145 million inflows as they change HDFC in Sensex

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