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Monday 11 January 2021

Stocks in the news

TCS: The IT major reported 7.2 percent rise in profit at Rs 8,701 crore against Rs 8,118 crore, revenue rose 4.7 percent to Rs 42,015 crore from Rs 40,135 crore QoQ.


Tata Steel: India business production in Q3 increased 0.2 percent QoQ and 2.9 percent YoY to 4.6 mt, but deliveries fell 7.7 percent QoQ and were down 3.9 percent YoY to 4.66 mt.


HDFC Bank: ICICI Prudential Life held 1.23 percent stake in the company in the September quarter but its name did not appear in the December quarter shareholding.


PVR: Foreign portfolio investors raised stake in the company to 38.5 percent in the December quarter from 34.6 percent in the previous quarter.


Mishra Dhatu Nigam: HDFC AMC increased stake in the company to 9.13 percent from 7.10 percent via open market transaction.


Prestige Estates Projects, DB Realty: DB Realty acquired a 49 percent equity stake and Prestige Estates Projects a 50 percent stake in Pandora Projects.

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