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

economictimes.indiatimes.com:

IndusInd BankIndusInd Bank posted 33% rise in net profit for the quarter ended June to Rs 2,124 crore. Total income for the quarter increased 28% YoY to Rs 12,939 crore.L&T TechL&T Technologies consolidated net profit rose 13% year-on-year to Rs 311 crore in the first quarter.

The company has clocked revenues of Rs 2,301 crore for the first quarter under review, up 15% YoY.Read more: What changed the market while you were sleepingICICI LombardICICI Lombard's net profit increased 12% year-on-year to Rs 390 crore for the first quarter ended June.Rallis IndiaAce investor Rekha Jhunjhunwala has sold 5% stake in Rallis India through block deals, while promoter Tata Chemicals has picked up those shares.Amara Raja BatteriesClarios ARBL Holding has sold its entire stake in battery maker Amara Raja Batteries through bulk deals.Tata Communications, L&T Finance, Bank of MaharashtraShares of Tata Communications, L&T Finance, and Bank of Maharashtra will be in focus as the companies will announce their first quarter results.Himadri SpecialityHimadri Speciality has reported net profit of Rs 86 crore in the first quarter. Revenue from operations, meanwhile, came in at Rs 951 crore.CIE AutomotiveCIE Automotive posted net profit of Rs 302 crore in the June quarter.