Earnings immediately: 3M India, Donear Industries, HMT, Kitex Garments, ONGC, Prabhat Dairy and Sunteck Realty are slated to announce their September quarter outcomes on Friday.
Reliance Industries: Energy-to-telecom main Reliance Industries stated that it’ll make investments as much as $50 million in Breakthrough Energy Ventures II LP (BEV).
Indiabulls Real Estate: Rakesh Jhunjhunwala’s RARE Enterprises bought 50 lakh shares of Indiabulls Real Estate by means of a bulk deal on NSE.
Cochin Shipyard: The nation’s largest industrial shipbuilder Cochin Shipyard (CSL) reported a 47.70 per cent fall in internet revenue at Rs 108.36 crore for September quarter of 2020-21.
HUDCO: Housing and Urban Development Corporation (HUDCO) reported a 37 per cent fall in its consolidated internet revenue at Rs 457.25 crore for the quarter ended September.
PFC: State-run Power Finance Corporation (PFC) reported a 72 per cent leap in its consolidated internet revenue at Rs 4,290 crore within the July-September quarter on account of upper revenues.
Jindal Stainless: The Jindal Stainless group is betting large on ornamental pipes and tubes within the east, even because the section was increasing at a charge of 12-13 per cent amid Covid induced disruptions.
Engineers India: State-owned Engineers India will purchase again practically 7 crore shares for about Rs 587 crore as the federal government faucets cash-rich PSUs to satisfy its income targets.
Wipro: Wipro is bringing in a brand new working mannequin from subsequent 12 months below which its enterprise shall be restructured into 4 strategic market items (SMUs) and supply mannequin shall be simplified because the IT large appears to be like to drive progress within the non-US markets.
Jubilant FoodWorks: The firm, which operates fast-food chains Domino’s Pizza and Dunkin’ Donuts, closed a complete of 105 shops within the July-September quarter.
Eicher Motors: The firm reported a 40 per cent decline in consolidated internet revenue at Rs 343.34 crore within the second quarter ended September 30. It had posted a internet revenue of Rs 572.69 crore within the corresponding quarter final fiscal.
TCS: Tata Consultancy Services (TCS) stated it has inked an settlement with Prudential Financial, Inc (PFI), below which the Indian agency will purchase over 1,500 workers and choose property of Pramerica Systems Ireland Ltd (Pramerica). The transfer will assist strengthen TCS’ supply functionality in Ireland, it stated in an announcement.
Grasim Industries: Aditya Birla Group flagship agency Grasim Industries introduced the sale of its fertilisers enterprise to Indorama Corporation for Rs 2,649 crore.