Tata Consumer Products, HUL, LTIMindtree: Stocks to watch on Wednesday
Stocks to watch on Wednesday, April 24: At 8:14 am, Gift Nifty futures traded higher by 0.33 per cent or 74.45 points at 22,445.5 points. Domestic blue-chip indices Nifty50 and Sensex inched higher on Tuesday, April 23. The Nifty50 index ended 31.6 points, or 0.14 per cent, higher at 22,368, and the Sensex settled with a gain of 89.83 points, or 0.12 per cent, at 73,738.45.
Here are some stocks that will be in focus on Wednesday, April 24:
Results on April 24: LTIMindtree, Hindustan Unilever, Axis Bank, Dalmia Bharat, Syngene International, Oracle Financial Services Software, AU Small Finance, and Indian Hotels will announce their Q4 numbers on Wednesday.
Tata Consumer Products: The company’s profit after tax (PAT) stood at Rs 144.81 crore against Rs 272.92, down 46.9 per cent a year ago. Its revenue from operations stood at Rs 2,610.03 crore against Rs 2,311.59 crore.
UCO Bank: The public sector lender’s board will consider its Q4 results, dividend, and fundraising in a meeting on Monday, April 29.
Shakti Pumps: The company invested Rs 5,08,00,000 in its subsidiary, Shakti EV Mobility Private Limited, to initiate and expand the business of its subsidiary.
Cyient DLM: The company’s net profit for the fourth quarter ended on March 31 increased 80.2 per cent to Rs 22.7 crore against Rs 12.6 crore year-on-year (YoY). Its revenue was up 30.5 per cent to Rs 362 crore against Rs 277.4 crore (YoY).
(With inputs from agencies.)
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