Share Market LIVE: Due to the Iran-Israel conflict in the Middle-East, investors will be cautious at the beginning of this week. In today’s trading session, Reliance (Reliance), Wipro (Wipro) apart from several stocks (Stock To Watch) will be watched for this reason. Do you know why?
HDFC Bank: The country’s private sector bank reported a 37.1 percent rise in net profit at Rs 16,512 crore for the quarter ended March 31, 2024. Net interest income, meanwhile, grew by 24.5 percent to Rs 29,080 crore. Whereas the bank’s net interest margin on total assets stood at 3.44 percent. Which will affect today’s market.
Tata Group stocks: Tata Group stocks will be under watch on Monday, according to a Bloomberg report. That’s because Tata Group may strike a deal for Pegatron Corporation’s iPhone manufacturing in India as early as May.
NTPC: A major fire broke out at NTPC’s North Karanpura Superthermal Power Plant in Jharkhand’s Chatra district. The plant consists of a 660X3 MW coal-fired power plant. Meanwhile, the company’s wholly owned subsidiary NTPC Green Energy, and Indus Towers have signed a Memorandum of Understanding (MoU) to take up production of green energy.
Ultratech Cement: Ultratech Cement will buy a grinding unit from Bharat Cement, with a capacity of 1.1 million tonnes per annum (mtpa), in Maharashtra for Rs 315 crore.
Wipro: The IT company reported a net profit of Rs 2,835 crore for Q4FY24 after the market session on Friday, down 7.9 percent YoY/5 percent QoQ. Revenue for the quarter was Rs 22,208.3 crore, down 4.2 percent on a YoY basis.
Jio Financial Services: Jio Financial Services Ltd reported a consolidated net profit of Rs 310.63 crore in Q4FY24, up 5.72 percent sequentially. Consolidated revenue from operations was Rs 418 crore.
Reliance Industries: Ep 22 Apr Q4FY24 Results: Rallis India, Mahindra Logistics, Hatsun Agro Product, and Tejas Networks will announce their March quarter earnings on Monday April 22, 2024.
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