Home Investment / Trading StockMarket and Mutual Fund Investment Ideas Wipro, Tata Steel, Vodafone Idea, Mindtree

Wipro, Tata Steel, Vodafone Idea, Mindtree

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Wipro, Tata Steel, Vodafone Idea, Mindtree

NEW DELHI: Right here is the record of shares that could possibly be in concentrate on Friday.

Wipro Ltd: Has posted a internet revenue of 2,972.3 crore, a virtually 28% enhance from the year-ago interval, on the again of upper revenues. The revenue was above consensus Bloomberg estimates of 2,873.7 crore. Revenues for the fourth quarter grew 3.4% year-on-year to 16,245.4 crore on broad-based progress throughout sectors.

Tata Metal: The metal main on Thursday unveiled its transformation plans for a metal tube making website within the UK’s East Midlands, which it stated will give the enterprise the most effective probability of a powerful future.

Vodafone Concept: Following a show-cause discover from the division of telecom on non-payment of licence payment in seven circles, Vodafone Concept has now made full fee with curiosity.

IL&FS: Bankrupt infrastructure financier IL&FS on Thursday raised its debt restoration goal to 61,000 crore, nearly 62% of the overall monetary debt. Final yr the group had sai it might resolve loans value 56,000 crore. The brand new board led by veteran banker Uday Kotak stated it had up to now resolved debt value 43,000 crore.

Piramal Capital & Housing Finance: A part of Piramal Enterprises goals to change into a monetary conglomerate, with a bigger concentrate on retail credit score and shifting away from builder loans by leveraging its current tie-ups with expertise startups.

Ashoka Buildcon: The corporate has obtained a Letter of Award from Gujarat Rail Infrastructure Improvement Corp for undertaking – Gauge Conversion of Bechraji – Ranuj part, with 25 KV AC electrification in Ahmedabad division of Western Railway. Challenge price is Rs333.625 crore.

Dabur India: Crossed 1-trillion in market capitalisation on Thursday, after its shares rose 1.6% a recent excessive of 569.20 apiece.

Bajaj Auto: Forty eight hours after it re-opened bookings for Chetak, Bajaj Auto stopped accepting recent orders as a consequence of provide chain points, the corporate stated in a press release on Friday. Bajaj’s maiden electrical scooter, on sale since January 2020, hasn’t been capable of align manufacturing to demand.

Nationwide Fertilizers: The federal government has issued request for proposals (RFP) for engagement of authorized advisors, service provider bankers and promoting brokers for disinvestment of 20% of its stake in Nationwide Fertilizers by way of the supply on the market route.

Tata Communications: Ace investor Rakesh Jhunjhunwala’s spouse Rekha Jhunjhunwala bought 2.5 lakh fairness shares in Tata Communications within the quarter ended March, bringing her stake all the way down to 1.04% of complete paid up fairness. She had owned 32,00,687 fairness shares, representing 1.12% of complete paid up fairness, within the firm as of December.

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