Stocks in news: TCS, Delta Corp, Infosys, HCL Tech, Zaggle Prepaid, Cipla
GIFT Nifty on the NSE IX traded 16 points, or 0.08 per cent, higher at 19,846, signaling that Dalal Street was headed for positive start on Thursday. Here's a slew of stocks that will be in focus today for various reasons.
TCS
IT major TCS reported 9% growth in its net profit to Rs 11,342 crore.
The Board has also approved a buyback proposal worth Rs 17,000 crore at Rs 4,150 apiece.
Delta Corp
Delta Corp Ltd has reported a mere 2% growth in its consolidated net profit to Rs 69.4 crore for the quarter ended September.
Read more: Here's the trade setup for today's session
Infosys, HCL Tech
Shares of Infosys and HCL Tech will be in focus today as the companies will announce their second quarter results.
Grasim
The Board of Grasim will meet on October 16 to consider a proposal of fundraising through issue of equity shares via rights issue or other preferable modes.
IndusInd Bank
The Reserve Bank has allowed SBI Mutual Fund to pick up 9.99% paid-up share capital in IndusInd Bank.
Cipla
The company has received the EIR (Establishment Inspection Report) from the USFDA as Voluntary Action Indicated (VAI) after inspection at the manufacturing facility of its arm InvaGen Pharmaceuticals.
Adani Enterprises
Adani Enterprises raised Rs 700 crore by allotment of NCDs on a private placement basis.
Patanjali Foods
Patanjali Foods said it registered an uptick in edible oil sales volume with a single-digit growth. In the food and FMCG segment, the company achieved double-digit sequential growth in Q2.
Zaggle Prepaid
Zaggle Prepaid PAT fell 67% to Rs 20.6 crore in the September quarter.
