Stocks in news: Infosys, HUL, RIL, Ultratech, Paytm, L&T

economictimes.indiatimes.com:

InfosysInfosys has trimmed its revenue guidance for FY24 on weak global macro environment. The company now sees its revenue growing at just 1-3.5% in constant currency terms.Indiamart IntermeshIndiaMart InterMesh's consolidated net profit jumped 78% to Rs 83 crore for the first quarter ended June.

The company has also approved a buyback of Rs 500 crore.Read more: What changed the market while you were sleepingUnited SpiritsUnited Spirits reported an 82% year-on-year jump in its June quarter consolidated net profit at Rs 477 crore.HULHindustan Unilever's standalone net profit rose 8% to Rs 2,472 crore for the first quarter. The company's sales increased 7% year-on-year to Rs 14,931 crore.Persistent SystemsPersistent Systems has posted consolidated net profit of Rs 229 crore for the quarter ended June.

Revenue from operations rose 23% year-on-year to Rs 2,321 crore.RIL, JSW Steel, Ultratech, Paytm, Vedanta, HDFC Life, Ashok LeylandShares of RIL, JSW Steel, Ultratech, Paytm, Vedanta, HDFC Life, and Ashok Leyland will be in focus as the companies will announce their first quarter results today.Union BankUnion Bank has reported net profit of Rs 3,236 crore for the June quarter. NII came in at Rs 8,839 crore in the same period.Tata MotorsTata Motors arm JLR announced the appointment of Adrian Mardell as CEO for a three year term.Dalmia BharatDalmia Bharat has posted a profit of Rs 144 crore in the first quarter.

Revenue from operations stood at Rs 3,624 crore.Tanla PlatformsTanla Platforms saw profit growth of 34% to Rs 135 crore in the first quarter. Revenue was up 14% to Rs 911 crore.CoforgeCoforge posted net profit of Rs 165 crore for the quarter ended June.