Stocks in news: TCS, Anand Rathi, Aster DM, Bharti Hexacom, Varun Beverages

IT bellwether TCS reported better than expected numbers for the fourth quarter ended March as its profit rose 9% year-on-year to Rs 12,434 crore. Revenue from operations, meanwhile, jumped 3.5% year-on-year.

Equity indices closed the last week on a low, spooked by US inflation data. Going forward, stock specific actions are likely to continue with the Q4 results season underway. In today's trade, shares of , , , , among others will be in focus due to various developments and quarterly earnings.

TCS
IT bellwether TCS reported better than expected numbers for the fourth quarter ended March as its profit rose 9% year-on-year to Rs 12,434 crore. Revenue from operations, meanwhile, jumped 3.5% year-on-year.

Anand Rathi Wealth
Anand Rathi Wealth reported a consolidated net profit of Rs 57 crore for the quarter ended March, which is up 33%, compared with year-ago period.

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

, ,
Shares of GTPL Hathway, Rajoo Engineers and Atam Valves will be in focus on Monday as the companies will announce their fourth quarter results.


Engineers India has signed an MoU with Detect Technologies for real-time AI-based monitoring for implementing safe practices at construction sites and progress monitoring.

Varun Beverages
Varun Beverages has started commercial production of carbonated soft drinks and energy drinks at its production facility at Gorakhpur.


Ami Organics announced its plans to raise Rs 500 crore through a qualified institutional placement (QIP).

Bharti Hexacom
Bharti Hexacom said its directors Sanjeev Kumar and Surajit Mandol resigned from the company's board due to termination of shareholders agreement post the IPO.

Aster DM
Aster DM Healthcare's board has declared a special dividend of Rs 118 per share for the financial year ended 2023-24.


Source: Stocks-Markets-Economic Times

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