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Stocks in news: Wipro, Angel One, Gensol Engineering, IndusInd Bank, IREDA, MGL

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[hfe_template id='11223'] [ad_1] Domestic markets began the holiday-shortened week on a strong note, gaining over 2%, supported by positive global cues. In today's trade, shares of Wipro, Angel One, Gensol Engineering, IndusInd Bank, IREDA, MGL among others will be in focus due to various news developments and corporate earnings. Wipro, Angel One Shares of Wipro and Angel One will be in focus in Wednesday's trade as the companies will announce their quarterly results today. Gensol Engineering Capital markets regulator Sebi has issued an interim order against Gensol Engineering and its promoters -- Anmol Singh Jaggi and Puneet Singh Jaggi -- after finding issues of financial mismanagement and fund diversion. IndusInd Bank An external agency has reported discrepancies in IndusInd Bank's derivatives portfolio estimating a negative impact of Rs 1,979 crore as of June 2024. ICICI Lombard Live Events The company's profit after tax (PAT) grew by 30.7% to Rs 2508...

BEML shares jump over 3% after securing Rs 405 crore contract from Bengaluru Metro Rail

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[hfe_template id='11223'] [ad_1] BEML shares jumped 3.5% in early trade to their day’s high of Rs 3243.90 on the BSE on Friday after the company secured a Rs 405 crore contract from Bengaluru Metro Rail Corporation for manufacturing, supplying, and launching standard gauge metro cars. The contract also includes training personnel and providing comprehensive maintenance for up to 15 years under the Bengaluru Metro Rail Project, according to an exchange filing on Thursday. The stock remains in focus after Motilal Oswal Financial Mutual Fund acquired a stake in BEML through block deals on Thursday, March 27. Motilal Oswal MF purchased 2.66 lakh shares at an average price of ₹3,048.3 per share, according to data released last evening. Stock exchange data shows that Motilal Oswal did not hold more than a 1% stake in BEML at the end of the December quarter, which could explain why its name was not included in the earlier shareholding pattern. Live Events Other mutual funds hol...

Stocks in news: Stocks in news: Hindalco, SJVN, Honasa Consumer, ICICI Bank, Tata Power

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[hfe_template id='11223'] [ad_1] Indian markets remained volatile after five consecutive days of decline, ultimately ending flat amid mixed cues. In today's trade, shares of Hindalco, SJVN, Honasa Consumer, ICICI Bank, Tata Power among others will be in focus due to various news developments and third quarter results. Hindalco, SJVN Shares of Hindalco and SJVN will be in focus as the companies will announce third quarter earnings later today. Honasa Consumer Mamaearth operator Honasa Consumer reported its December quarter consolidated net profit at Rs 26 crore which was flat over Rs 25.9 crore reported in the year ago period. Suven Pharmaceuticals Suven Pharmaceuticals reported a 77% year-on-year (YoY) jump in net profit at Rs 83 crore for the third quarter. Revenue from operations gained 40% to Rs 307 crore. ICICI Bank ICICI Bank said JV partner Prudential PLC is evaluating potential listing of ICICI Prudential Asset Management. Stock Trading Maximise Returns by Inv...