Stocks in news: Tata Steel, Tata Technologies, SBI Life, Bajaj Auto, Zee
Tata Technologies, SBI Life, ZEE among others will be in focus due to various developments and quarterly numbers. Here's a complete list of stocks for investors to track.
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Vedanta, Tata Technologies, SBI Life, JSW Steel
Shares of Vedanta, Tata Technologies, SBI Life, and JSW Steel will be in focus today as the companies will announce their third quarter results.
Tata Steel
Tata Steel Ltd on Wednesday posted consolidated net profit of Rs 513 crore as against a loss of Rs 2224 crore a year ago. Revenue from operations declined 3% year-on-year to Rs 55,312 crore.
Read more: Here's the trading setup for today's session
Bajaj Auto
Two-wheeler major Bajaj Auto reported 37% growth in its standalone net profit at Rs 2,042 crore for the third quarter. Revenue from operations increased 30% year-on-year to Rs 12,114 crore.
CEAT
CEAT reported net profit of Rs 181 crore in the December quarter. Revenue from operations stood at Rs 2,963 crore.
Mazagon Dock
Mazagon Dock has signed a contract with the acquisition wing of the Ministry of Defence for construction and delivery of 14 fast patrol vessels (FPVs) for Indian Coast Guard (ICG). The order is worth about Rs 1070 crore.
ZEE
Zee has moved the National Company Law Tribunal against Culver Max Entertainment (formerly Sony Pictures Networks India) calling for the Japan-based company to reverse the termination of the merger scheme.
Piramal Enterprises
Piramal Enterprises subsidiary Piramal Alternatives Trust wll acquire 10.39% stake in Annapurna Finance for Rs 300 crore.
NHPC
The union government will issue up to 50.50 lakh shares at Rs 71 per share through Offer for Sale to eligible employees.
