Stocks in News
Mindtree: The company recorded profit at Rs 437.5 crore in December 2021 quarter against Rs 398.9 crore in September 2021 quarter, revenue jumped to Rs 2,750 crore from Rs 2,586.2 crore QoQ.
Tata Metaliks: The company reported lower profit at Rs 35.65 crore in December 2021 quarter against Rs 75.18 crore in December 2020 quarter, revenue jumped to Rs 689.80 crore from Rs 526.23 crore YoY.
Vikas Lifecare: The company acquired 75% stake in Genesis Gas Solutions, a company engaged in the business developing “smart products” including smart gas meters & power distribution solutions.
Plastiblends India: The company reported higher profit at Rs 12.07 crore in December 2021 quarter against Rs 11.37 crore in December 2020 quarter, revenue rose to Rs 174.14 crore from Rs 160.04 crore YoY.
Hindustan Aeronautics: ICRA has upgraded company's long term rating to AAA from AA+ and also revised outlook to Stable from Positive.
Titan Company: Rakesh Radheshyam Jhunjhunwala increased shareholding to 4.02% (3,57,10,395 equity shares) as of December 2021 quarter, up from 3.80% (3,37,60,395 shares) as of September 2021 quarter. His wife's stake remained at 1.07% (95,40,575 shares) as of December 2021 quarter compared to September 2021 quarter.
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