Stocks in news: Bajaj Auto, SpiceJet, Jio Financial, HUL, Vedanta, ZEE
Domestic markets saw positive trends with various companies like Bajaj Auto, SpiceJet, and Jio Financial making news. Vedanta launches QIP issue, while HDFC AMC reports profit jump. Updates on Angel One, Vodafone Idea, Unichem Labs, and more. Stay informed on the latest developments in the financial sector.
Domestic markets sustained their upward trajectory into the new week as indices reached fresh highs on Monday. In today's trade, shares of , , , , , among others will be in focus due to various news developments and first quarter results.Bajaj Auto, L&T Finance,
Shares of Bajaj Auto, L&T Finance and Just Dial will be in focus as the companies will announce their first quarter results today.
Vedanta
Mining giant Vedanta Ltd has announced the launch of its qualified institutional placement (QIP) issue on Monday and fixed a floor price at Rs 461.2 apiece.
SpiceJet
Budget carrier SpiceJet reported consolidated net profit of Rs 127 crore in the fourth quarter ended March 2024 as against a loss a year ago.
Jio Financial
Jio Financial Services on Monday reported a 6% year-on-year decline in its June quarter net profit at Rs 313 crore.
ZEE
Zee Entertainment Enterprises (Zee) has received shareholders' nod to raise Rs 2,000 crore via issuance of securities.
HDFC AMC on Monday reported a 26% year-on-year jump in consolidated net profit for the quarter ended June 2024.
Angel One
Angel One saw 14% decline in its net profit at Rs 292 crore in the first quarter, while revenues grew 4% quarter-on-quarter.
Vodafone Idea
The Supreme Court on Monday said it will soon decide on the listing of Vodafone Idea Ltd's curative petition related to adjusted gross revenue (AGR) dues.
The US FDA has issued five observations for the company's Goa formulation facility after it inspected the facility from July 8-15.
The Board Ujaas Energy approved issuance of 1 bonus share for every 4 shares held in the company.
Lupin said it has divested the US commercial women’s health specialty business including SOLOSEC to Evofem Biosciences.
HUL
Hindustan Unilever Ltd (HUL) approved the sale and divestment of the company's water purification business to AO Smith India for $72 million.
Vedanta
Mining giant Vedanta Ltd has announced the launch of its qualified institutional placement (QIP) issue on Monday and fixed a floor price at Rs 461.2 apiece.
SpiceJet
Budget carrier SpiceJet reported consolidated net profit of Rs 127 crore in the fourth quarter ended March 2024 as against a loss a year ago.
Jio Financial
Jio Financial Services on Monday reported a 6% year-on-year decline in its June quarter net profit at Rs 313 crore.
ZEE
Zee Entertainment Enterprises (Zee) has received shareholders' nod to raise Rs 2,000 crore via issuance of securities.
HDFC AMC on Monday reported a 26% year-on-year jump in consolidated net profit for the quarter ended June 2024.
Angel One
Angel One saw 14% decline in its net profit at Rs 292 crore in the first quarter, while revenues grew 4% quarter-on-quarter.
Vodafone Idea
The Supreme Court on Monday said it will soon decide on the listing of Vodafone Idea Ltd's curative petition related to adjusted gross revenue (AGR) dues.
The US FDA has issued five observations for the company's Goa formulation facility after it inspected the facility from July 8-15.
The Board Ujaas Energy approved issuance of 1 bonus share for every 4 shares held in the company.
Lupin said it has divested the US commercial women’s health specialty business including SOLOSEC to Evofem Biosciences.
HUL
Hindustan Unilever Ltd (HUL) approved the sale and divestment of the company's water purification business to AO Smith India for $72 million.
Source: Stocks-Markets-Economic Times
