50725What problems are there with recycled mobile numbers?

Here is the list of top stocks that could be in focus on July 1.

  • Last Updated : May 10, 2024, 15:27 IST
Wipro on Thursday posted a 35.65% year-on-year rise in consolidated net profit at Rs 3,242.60 crore for the quarter ended June 30. It had posted a profit of Rs 2,390.40 crore in the same period last year.

Here is the list of top stocks that could be in focus on July 1.

Tata Steel, Tata Steel BSL: The process to merge Tata Steel BSL with Tata Steel has been advanced, the steel major’s Chairman N Chandrasekaran said on Wednesday. Tata Steel had won the bid to acquire debt-laden Bhushan Steel Ltd (BSL) in insolvency proceedings. It was later renamed as Tata Steel BSL Ltd.

Vodafone Idea: Debt-ridden telecom operator Vodafone Idea reported narrowing of its consolidated loss to Rs 7,022.8 crore for the quarter ended March 2021, mainly on account of cost optimisation. The company had posted a loss of Rs 11,643.5 crore in the same period a year ago.

Adani Green: Adani Group has achieved its target to set up 25 gigawatts (GW) of renewable energy capacities in India, four years ahead of the schedule, its Chairman Gautam Adani said on Wednesday. The target was achieved in May, the industrialist said during a virtual session of the India Global Forum 2021. Earlier, the group company Adani Green Energy Ltd (AGEL) had said it was on track to achieve its target to have 25 gigawatts of renewable energy capacity by 2025 through organic and inorganic growth.

Banking stocks: Stressed assets of Indian banks will remain elevated at 11-12% in fiscal 2022, S&P Global Ratings said on Wednesday.

JSW Steel: The country’s leading steelmaker JSW Steel is planning to invest another Rs 25,115 crore by 2024-25 to ramp up its capacity to 37.5 million tonne (MT) per annum, its Chairman and Managing Director Sajjan Jindal said in a message to its shareholders.

HDFC Bank: The RBI’s ban on selling new credit cards has impacted market share on an incremental basis, HDFC Bank said on Wednesday, promising to get back to the market “with a bang” once the “temporal” embargo is lifted and recoup the losses.

Tata Motors: The auto major has bagged an order for 15 hydrogen-based fuel cell buses from the Indian Oil Corporation (IOCL). All 15 buses will be delivered within 144 weeks from the date of signing of the memorandum of understanding (MOU). In addition to supplying the buses, the company would also collaborate with IOCL’s Research and Development Centre to undertake projects and collectively study further the potential of fuel cell technology for commercial vehicles.

Coal India: The company is committed to achieving a carbon offset of over 60,000 tonnes by the end of this year. Apart from taking immediate action for efficient use of energy, CIL, which accounts for over 80 per cent of domestic coal output, has also drawn an ambitious five-year plan of carbon offset in different fields of its operation.

Parag Milk: Parag Milk Foods’ annual revenue from premium milk brand ‘Pride of Cows’ is aiming to reach Rs 400 crore by 2027-28 (FY28), following growing popularity for cows milk and value-added products including the newly launched fat-free milk. The company plans to expand its Bhagyalakshmi Dairy Farm, which supplies milk exclusively under ‘Pride of Cows’ brand, to over 15,000 cows by 2026 and is, therefore, expanding the portfolio under this brand to create a market for increased milk being produced. Fat-free milk will be available in Mumbai, Pune and Surat for Rs 120 per litre; while in Delhi, at Rs 140 per litre.

IndiGo: InterGlobe Aviation (IndiGo) has reduced emissions by about 5 per cent via its ground support equipment automation. IndiGo adopted various solutions in both passenger and freight services such as ‘modified baggage BFL for cabin loading’, battery swapping by monorail crane, using 10-tonne electrical tug instead of 20-tonne, amongst others. Besides, the airline converted old coaches to make portable cabins for staff at airports.

Published: July 1, 2021, 08:57 IST
Exit mobile version