Stocks in news: Vedanta, Adani Ports, IndusInd Bank, LTIMindtree, IEX
Vedanta
Vedanta's alumina production at Lanjigarh refinery was up 6% year-on-year to 470kt in the quarter ended December. The cast metal aluminium production at smelters also rose 6% YoY.
Bajaj Auto
Bajaj Auto said that its board will have a meeting on January 8 to consider and approve buyback of shares.
LTIMindtree
The company has received an order from GST Mumbai office for demand worth Rs 208 crore.
NHPC
NHPC has signed a MoU with GPCL for proposed investment of Rs 4,000 crore in Kuppa Pumped Storage Project (750 MW).
BGR Energy
Central Bank of India and SBI have classified the company's accounts as non-performing assets.
Read more: Here's the trade setup for today's session
Tech Mahindra
Richard Lobo has been appointed as Chief People Officer of the company with effect from January 3.
Ujjivan SFB
Ujjivan SFB's total deposits rose 29% to Rs 29,869 crore for the quarter ended December, while disbursements were up 17% to Rs 5,675 crore.
IEX
For the third quarter of the fiscal year 2024, IEX achieved 28,326 MU overall volume, registering an increase of 17% YoY basis.
IndusInd Bank
IndusInd Bank's net advances rose 20% YoY to Rs 3.26 lakh crore for the December quarter.
Deposits increased 13% to Rs 3.68 lakh crore.
Adani Ports
Adani Ports and Special Economic Zone Ltd (APSEZ) has elevated CEO Karan Adani to the role of Managing Director, a position which was held by Gautam Adani, Chairman of the Adani Group. Gautam Adani is re-designated as Executive Chairman.
