Tata Communications, Angel One, Dhani Services in focus
Jindal Stainless (Hisar) commissioned the 26,000 tonnes per annum (TPA) capacity Precision Strip Mill as part of the first phase of it expansion plan.
Trading of Nifty 50 index futures on the Singapore stock exchange indicates that the Nifty could rise 41 points at the opening bell. Overseas, Asian stocks are trading mixed on Thursday, as investors monitored shares of developer China Evergrande Group in Hong Kong. Here is the list of top stocks that could be in focus on Thursday.
L&T Technology Services: The companies board has approved the scheme of amalgamation of Esencia Technologies India, Graphene Semiconductor Services and Seastar Labs, the wholly-owned subsidiaries, with the company.
Tata Communications: Tata Communications reported a 10.6% rise in consolidated net profit to Rs 425 crore on a 5.2% fall in revenue to Rs 4174 crore in Q2FY22 over in Q2FY21.
Dhani Services: The board of directors of Dhani Services has approved the preferential issue of upto 6,12,24,490 shares at Rs 196 per share, aggregating upto Rs 1200 crore.
L&T Finance Holdings: The company reported a consolidated profit of Rs 222.99 crore in Q2FY22 against Rs 247.72 crore in Q2FY21. Total income stood at Rs 3134.46 crore in Q2FY22, declining from Rs 3508.91 crore in Q2FY21.
Jindal Stainless (Hisar): The steel mill commissioned the 26,000 tonnes per annum (TPA) capacity Precision Strip Mill as part of the first phase of its latest brownfield expansion plan at its state-of-the-art Specialty Products Division (SPD).
Angel One: The company reported an 80% rise in consolidated adjusted profit to Rs 134.30 crore in Q2FY22 against Rs 74.6 crore in Q2FY21. Total income jumped 69.3% to Rs 538.20 crore from Rs 317.90 crore YoY.
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