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Rakesh Jhunjhunwala: Stocks in the news: RIL, Paytm, Titan, HCL Tech, Tata Motors and HAL

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Nifty futures on the Singapore Exchange traded 47 points, or 0.26 per cent lower at 18,253.50, signaling that Dalal Street was headed for a negative start on Friday. Here are a dozen stocks which may buzz the most in today’s trade:

HCL Tech, TCI, Gujarat Hotels: HCL Technologies,

Company of India, , Swasti Vinayaka Synthetics, Indokem, International Travel House and Gujarat Hotels are among the companies that will announce their December quarter results today.

Reliance Industries: The conglomerate led by billionaire Mukesh Ambani will invest Rs 5.95 lakh crore in green energy and other projects in Gujarat over the next 10-15 years as it looks to accelerate the clean energy business by building giga-factories.



Tata Motors:
The auto major reported a 2 per cent year-on-year increase at 2,85,445 units in group global wholesales, Jaguar Land Rover, for the third quarter of FY22. Global wholesales of all ‘ commercial vehicles and Tata Daewoo range in Q3 FY22 were at 1,02,772 units, higher by 14 per cent over Q3 FY21.

State Bank of India: The largest state run lender said it has raised USD 300 million from Regulation S Formosa bonds offering a coupon of 2.49 per cent.Formosa bond is a bond issued in Taiwan.

Hindustan Aeronautics: The rating agency

has upgraded the state run defence player’s long term rating to AAA from AA+ and also revised outlook to Stable from Positive.


Titan Company:
The big bull Rakesh Jhujhunwala has upped his stake in the Tata Group’s jewelery maker. He, along with his wife own 5.09 per cent stake or more than 4.52 crore shares in the company.


One97 Communications:
The subsidiary of Paytm, Paytm Payments Bank has emerged as the biggest receiver of UPI amount with 926.17 million transactions while public sector bank SBI topped the chart of being the biggest remitter in December, according to data released by the National Payments Corporation of India (NPCI).

Tata Metaliks: The metal player reported lower profit at Rs 35.65 crore in December 2021 quarter against Rs 75.18 crore in December 2020 quarter, revenue jumped to Rs 689.80 crore from Rs 526.23 crore during the period under review.

Mindtree: The IT firm posted a 34 per cent jump in consolidated net profit to Rs 437.5 crore for the December 2021 quarter, and exuded confidence in continuing its growth momentum on the back of robust demand and aggressive customer mining.

Nazara Technologies: NODWIN Gaming, a subsidiary of BSE-listed Nazara Technologies, said it has acquired comic, pop culture and superheroes merchandising retailer – Planet Superheroes. While NODWIN did not disclose the financial details, Nazara Technologies said the transaction value is Rs 4.9 crore.

Sanofi India: The drug firm said its Managing Director Rajaram Narayanan has put in his papers. The company’s board has accepted the resignation of Narayanan, effective from the close of business hours on April 10, 2022, the company said.

Vikas Lifecare: The commercial services company acquired 75 per cent stake in Genesis Gas Solutions, a company engaged in the business developing ‘smart products’ including smart gas meters and power distribution solutions.

Plastiblends India: The company reported a net profit of Rs 12.07 crore in December 2021 quarter against Rs 11.37 crore in December 2020 quarter. The revenue of the company rose to Rs 174.14 crore from Rs 160.04 crore during the period.

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Usama Younus

Usama Younus is the owner and super admin of the site he's is an expert in news editing, tech and entertainment magazine management, and articles editing E.T.C.

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