Stocks in news: Apollo Hospitals, Muthoot Finance, Tata Steel, Kfin Tech, RR Kabel

Tata Steel Ltd on Wednesday reported 64% fall in its consolidated net profit at Rs 611 crore for the fourth quarter, compared with Rs 1,705 crore in the same quarter a year earlier.

remained under pressure throughout Wednesday's session as weak along with uncertainties surrounding election outcome led to a sharp fall. Here are a few that will be in focus today.

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Shares of Apollo Hospitals and Muthoot Finance will be in focus as the companies will announce their fourth today.


Ltd on Wednesday reported 64% fall in its consolidated net profit at Rs 611 crore for the fourth quarter, compared with Rs 1,705 crore in the same quarter a year earlier.

Read more: Here's the for today's session


Global private equity firm General Atlantic is likely to sell up to 6.8% equity in KFin Technologies at an estimated floor price of Rs 712.5 per share which is a 4% discount.


PE firm TPG Asia is reported to be selling its entire stake in wire and cable manufacturer RR Kabel through block deals, according to reports.


Cummins India reported a profit of Rs 561 crore in the fourth quarter. Revenue from operations for the same period stood at Rs 2,316 crore.


Bata India posted a net profit of Rs 63.6 crore in the March quarter. Revenue from operations stood at Rs 798 crore.


Aditya Birla Capital has invested Rs 300 crore in Aditya Birla Housing Finance on a rights basis.


Infosys has launched AI-led innovations for Roland-Garros 2024 in partnership with the French Tennis federation.



Source: Stocks-Markets-Economic Times

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