Here is the list of top stocks that could be in focus on April 15.
Infosys: The IT major on Wednesday posted a 17.5% rise in net profit at Rs 5,076 crore for the March 2021 quarter over the year-ago period buoyed by large deal wins, and announced an up to Rs 9,200 crore buyback programme at a maximum price of Rs 1,750 per share.
Wipro: Wipro will announce its financial results for the quarter ended March 31 on Thursday.
Cyient: Cyient has launched ‘Intellicyient’ suite of Industry 4.0 solutions that will enable digital transformation for industries that draw significant value from their assets such as manufacturing, industrial, aerospace, automotive and offhighway, utilities, and mining and natural resources.
Sterlite: Sterlite Technologies (STL) has entered into a strategic collaboration with Openreach, the UK’s largest digital network business. Openreach has chosen STL as a key partner to provide optical cable solutions for its new, ultra-fast, ultra-reliable ‘Full Fibre’ broadband network.
Coal India: Coal India has allocated 37.21 million tonnes of coal during the April-February period of FY20-21 under spot e-auction scheme, registering a year-on-year increase of 36.3 per cent. Fuel allocation by the company under the scheme also increased to 4.41 MT in February, from over 3.31 MT in the corresponding month of 2019-20.
Bharti Airtel: The telecom major has rearranged its corporate structure to sharpen the company’s focus on driving the rapidly-unfolding digital opportunities while enabling it to unlock value. The new structure involves Airtel Digital folding into the listed entity Bharti Airtel.
Exide: Exide Industries has further invested an amount aggregating to Rs 39 ,99 ,99 ,999 by way of subscription to the equity share capital of its subsidiary, Exide Leclanche Energy (hereinafter referred as ‘JVC’). With the above investment, the equity shareholding of the company in JVC stands increased from 80.15% to 82.71% of the total paid-up share capital.
Tech Mahindra: Tech Mahindra and Rajasthan Royals, inaugural IPL (Indian Premier League) champions, have entered into partnership to build on fan loyalty and fan monetisation. This collaboration aims to derive three times the value from a loyal fanbase using Tech Mahindra’s digital platform powered by next generation technologies.
