Top 10 Stocks In Focus Today: Infosys, Tata Consumer, Tata Tech, Tech Mahindra, L&T Tech
After Q2 results season & pre budget mode, how will market perform today & which stocks will be in focus, check more over here.
On 18th July, Indian stock indices touched fresh highs on Thursday, with the Sensex crossing the 81,000 mark for the first time.
The indices opened largely steady but gathered steam as the day progressed. Sensex and Nifty were 0.7-0.8 per cent higher at the time of filing this report.
Stocks to be in focus today, according to Zee Business Experts
Infosys Stock: IT giant has reported a better-than-expected set of financial results for the April-June period. While its consolidated net profit fell 20.1 per cent to Rs 6,368 crore for the June quarter, its revenue grew 3.7 per cent to Rs 39,315 crore, according to a regulatory filing.
L&T Tech Stock: Company registered a consolidated net profit of Rs 313.6 crore for the April-June period, up 0.8 per cent on a year-on-year basis.
Dividend Stocks: TCS, Delta Corp, ICRA, Bosch, Cummins India, Tech Mahindra, Bajaj Electricals, Zensar Tech, JSW Infra, Cholamandalam Investment, and Laxmi Organic are among the more than 35 stocks scheduled to trade ex-dividend on Friday.
Tata Consumer Products Stock: Company board is scheduled to meet on July 23 to consider the issuance of rights.
Lupin Stock: Pharmaceutical company tied up with South Korea-based Huons to market dry eye treatment medication Cyclosporine Ophthalmic Nanoemulsion (0.4mL single-use vial) in Mexico.
Tata Technologies Stock: Company reported 15% decline in its consolidated net profit at Rs 162 crore for the first quarter ended June 2024.
Tech Mahindra Stock: Tech Mahindra to merge step down arm vCustomer Philippines Inc (Cebu) with its parent vCustomer Philippines Inc.
Vodafone Idea Stock: Company approved the first tranche of allotment of over 41.52 crore equity shares worth Rs 615 crore.
Tanla Platforms Company reported net profit of Rs 141 crore in the first quarter, while revenues came in at Rs 1,002 crore.
Dalmia Bharat Stock: Company reported net profit of Rs 145 crore in the first quarter. Revenue for the same period was at Rs 3,621 crore.
(Disclaimer: The information provided in this article is for informational purposes only and should not be construed as investment advice. Readers are encouraged to consult with a qualified financial advisor before making any investment decisions.)