Stocks in News
Tata Consumer Products: The company reported consolidated profit at Rs 53.9 crore for Q4FY21 against loss of Rs 76.49 crore in Q4FY20. Revenue jumped to Rs 3,037.22 crore from Rs 2,405.03 crore in Q4FY20.
Aurionpro Solutions: Aurionpro exited from the cybersecurity business with the sale of its investment to Forcepoint LLC., USA. The deal, for the divestment of all stake held by Aurionpro in its cyber security business is valued at a consideration of $9.6 million.
IRB Infrastructure Developers: Life Insurance Corporation of India acquired over 71.29 lakh equity shares in the company (2.03% of paid up equity), raising stake in the company to 7.06% from 5.03% earlier.
Adani Transmission: The company reported higher consolidated profit of Rs 238.42 crore in Q4FY21 against Rs 94.30 crore in Q4FY20 while revenue fell to Rs 2,726.61 crore from Rs 3,186.96 crore in the year-ago period.
Zensar Technologies: UK-based FinTech Infinity Circle selected Zensar for end-to-end development of its next-gen wealth management platform.
Adani Power: The company reported consolidated profit at Rs 13.13 crore in Q4FY21 against loss of Rs 1,312.86 crore in Q4FY20, revenue rose to Rs 6,373.6 crore from Rs 6,172.43 crore in Q4FY20.
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