Stocks in news: L&T, Hero MotoCorp, Voltas, PB Fintech, LTIMindtree
Shares of L&T, Tata Power, Canara Bank, Hero Moto and BSE will be in focus today as the companies will announce their fourth quarter results.
Domestic markets witnessed profit booking on Tuesday over expensive valuations despite positive global cues. In today's trade, L&T, , , , among others will be in focus due to various news developments and .L&T, , , Hero Moto,
Shares of L&T, Tata Power, Canara Bank, Hero Moto and BSE will be in focus today as the companies will announce their fourth quarter results.
PB Fintech
Online insurance aggregator PB Fintech, which operates Policybazaar, reported a of Rs 64 crore for the quarter ended March 2024. The company had posted a loss in the year-ago period.
JSW Energy's net profit increased 22% year-on-year to Rs 345 crore for the March quarter. The company also announced a dividend of Rs 2 per share.
Dr Reddy's posted consolidated net profit of Rs 1,307 crore for the quarter ended March 2024, which was up 36% year-on-year.
United Breweries reported multi-fold jump in its net profit at Rs 82 crore for the March quarter.
Voltas
Air conditioning and engineering services provider Voltas reported a 23% decline in consolidated net profit to Rs 110.64 crore in the fourth quarter.
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Delta Corp posted net profit of Rs 72 crore in the fourth quarter. Revenue from operations stood at Rs 195 crore in the same period.
IGL reported net profit of Rs 382 crore in the fourth quarter. Revenue from operations came in at Rs 3,597 crore.
LTIMindtree
LTIMindtree has joined hands with IBM to establish a global joint Generative AI centre of excellence in India.
Source: Stocks-Markets-Economic Times
