Stocks in news: RIL, Wipro, HDFC Bank, UltraTech, IREDA

Shares of RIL, Hatsun Agro Products and Tejas Networks will be in focus as the companies will announce their fourth quarter results today.

Domestic market experienced turbulence throughout the last week as caution persisted among investors given the fragile middle-east situation. In today's trade, shares of , , , , IREDA among others will be in focus due to various developments and earnings.

Wipro
Wipro reported an 8% year-on-year (YoY) fall in consolidated net profit to Rs 2,835 crore for the quarter ended March.

RIL, Hatsun Agro Products, Tejas Networks
Shares of , Hatsun Agro Products and Tejas Networks will be in focus as the companies will announce their fourth quarter results today.

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

Lupin
Lupin gets USFDA nod to launch generic tablet to treat overactive bladder.

Star Cement
Star Cement has started commercial production from the new clinker line of the company at Meghalaya.

Info Edge
InfoEdge informed the exchanges that its Board has reappointed Geeta Mathur as independent Director of the company.

JSW Energy
JSW Energy's arm JSW Neo Energy has received a letter of award for 700 MW ISTS connected solar capacity from NTPC.

HDFC Bank
India's largest private sector lender HDFC Bank on Saturday reported a 37.1% year-on-year (YoY) increase in its standalone profit at Rs 16,512 crore in the March quarter.

UltraTech Cement
UltraTech will buy a grinding unit with installed capacity of 1.1 mtpa from India Cements For Rs 315 crore. The company has entered into an Asset Purchase Agreement with the seller for the aforesaid transaction.

Zomato
Zomato has received a GST demand and penalty order of Rs 11.81 crore for a period of July 2017 to March 2021.

ICICI Bank
The Board of ICICI Bank will meet on April 27 to raise funds through debt securities. The board will take up the matter on April 27.

IREDA
IREDA reported a 33% year-on-year (YoY) jump in net profit at Rs 337 crore for the quarter ended March 2024.


Source: Stocks-Markets-Economic Times

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