Stocks in the news: TCS, Tata Steel, Veranda Learning, Wipro and Tata Motors

Nifty futures were trading 62 points or 0.35 per cent lower at 17,834.50 on the Singapore Exchange, indicating that Dalal Street was headed for a negative start on Monday. Here are a dozen stocks that may be the most discussed in today’s trading:

TCS, Delta Corp, Birla Tyres: Tata Consultancy Services, Nestle Corp, Kesoram Industries, Birla Tyres, Lasa Supergeneric, Elnet Technologies, Hathway Bhavani Cabletel & Datacom and MPL Plastics are among the companies that will announce their March quarter results today.

Veranda Learning Solutions: The learning solutions provider will debut on the exchange today. Its Rs 200 crore IPO was open for subscription between March 29-31 in the price range of Rs 130-137 per share.

Tata Steel: The National Company Law Tribunal has approved the resolution plan submitted by Tata Steel Mining, a wholly owned subsidiary of Tata Steel, for the acquisition of Rohit Ferro-Tech.

Wipro: The IT major announced the appointment of Anees Chencha as a member of its Executive Board and Chief Executive Officer, APMEA (Asia Pacific, India, Middle East and Africa). Chencha has over two decades of experience in consulting, IT and business process services.

Tata Motors:
Hit by semiconductor shortages, Jaguar Land Rover (JLR), the luxury automaking arm, said its retail sales declined by 36 per cent to 79,008 units in the fourth quarter of 2021-22 compared to the same period last year.

Grace: The Bengaluru-based realty firm’s sales bookings grew 23 per cent to Rs 3,870.2 crore during the 2021-22 financial year. In terms of volume, the company’s sales bookings grew by 22 per cent to 49,09,567 sq ft during the last fiscal from 40,13,581 sq ft in the 2020-21 financial year.

Goodluck India: The steel product maker will invest Rs 200 crore for capacity expansion in the next two-three years. BSE-listed Goodluck India has five manufacturing units in Secunderabad (Uttar Pradesh) and one in Kutch (Gujarat) with a total installed capacity of 3,40,000 tonnes per annum.

Shoppers Stop: The retail chain firm has completed the sale of its 19.50 per cent stake in Crossword Bookstores. Accordingly, the equity stake of the company in Crossword has come down to 29.50 per cent.

Zydus Lifesciences: Pharmaceutical major Cadila Pharmaceuticals announced that it has developed the world’s first novel three-dose vaccine against rabies.

GTPL Hathway: The digital cable TV and broadband service provider said its profit after tax for the March 2022 quarter declined by 4.3 per cent to Rs 54.5 crore, with revenue declining 17.5 per cent to Rs 617.3 crore from the year-ago period. was largely due to decline. EPC project business.

SMS Lifesciences India: The United States Food and Drug Administration (USFDA) has completed an inspection of the company’s API manufacturing facility located in Sangareddy District, Telangana (Unit I) without any observation. The inspection began on 4 April and ended on 8 April.

cmake: The smallcap shipping company has tied up with infrastructure major Larsen & Toubro along with consortium partner Posh India Offshore. The total combined value of the contract to the consortium is $101 million.

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