Stocks in news: ABFRL, Hero MotoCorp, Infosys, RIL, Bharat Electronics
Aditya Birla Fashion and Retail said that its board has approved evaluation of a vertical demerger of Madura Fashion & Lifestyle business and list it as a separate entity on stock exchanges.
Equity market started the week with modest gains and hit new life highs, gaining over half a percent. In today's trade, shares of , , , , will be in focus due to various developments and monthly business updates.ABFRL
said that its board has approved evaluation of a vertical demerger of Madura Fashion & Lifestyle business and list it as a separate entity on stock exchanges.
Read more: Here's the trading setup for today's session
RIL
Reliance Jio is reckoned to have crossed the 100-million mark of pure 5G users at March-end while closest rival Bharti Airtel has ended the fiscal fourth quarter with nearly 75 million 5G subscribers, on the back of rapid pan-India rollouts, ET reported.
Infosys
IT services company Infosys has received a tax demand order of Rs 341 crore for AY2020-21 from the income tax department.
Hero MotoCorp
Hero MotoCorp's total sales were down nearly 6% to 4.90 lakh units in the month of March. Meanwhile, domestic sales too dropped 9% to 4.59 lakh units.
Bharat Electronics
Bharat Electronics has achieved a turnover of around Rs 19,700 crore for the fiscal year 2024, showing a growth of 14% year-on-year.
Adani Ports handled 420 MMT cargo in FY24 (including international ports), with domestic ports contributing over 408 MMT cargo.
Ashok Leyland's total sales stood at 22,866 units, which is higher than the estimates, but a fall of 7% over the previous year period.
Read more: Here's the trading setup for today's session
RIL
Reliance Jio is reckoned to have crossed the 100-million mark of pure 5G users at March-end while closest rival Bharti Airtel has ended the fiscal fourth quarter with nearly 75 million 5G subscribers, on the back of rapid pan-India rollouts, ET reported.
Infosys
IT services company Infosys has received a tax demand order of Rs 341 crore for AY2020-21 from the income tax department.
Hero MotoCorp
Hero MotoCorp's total sales were down nearly 6% to 4.90 lakh units in the month of March. Meanwhile, domestic sales too dropped 9% to 4.59 lakh units.
Bharat Electronics
Bharat Electronics has achieved a turnover of around Rs 19,700 crore for the fiscal year 2024, showing a growth of 14% year-on-year.
Adani Ports handled 420 MMT cargo in FY24 (including international ports), with domestic ports contributing over 408 MMT cargo.
Ashok Leyland's total sales stood at 22,866 units, which is higher than the estimates, but a fall of 7% over the previous year period.
Source: Stocks-Markets-Economic Times
