The leading indices closed at record highs on Tuesday. Sensex gained 205.21 points, or 0.31 percent, to end the session at 66,795.14. Nifty50 rose 37.80 points, or 0.19 percent, to close at 19,749.25.
Here’s a look at stocks that will likely continue to be in the news today.
Rally India
Rekha Jhunjhunwala has sold 5% stake in Rallis India through block deals while promoter Tata Chemicals has taken over those stakes.
IndustryInd Bank
IndusInd Bank reported a 33% increase in net profit to Rs.2,124 crore for the quarter ended June. Total revenue increased 28% year-on-year to Rs.12,939 crore.
L&T Technologies
Net income for the June quarter rose 13% yoy to Rs.311 billion. The company reported revenue of Rs.2,301 billion in the first quarter, up 15% year-on-year.
ICICI Lombard
ICICI Lombard’s net income rose 12% year-on-year to Rs.390 crore in the first quarter ended June.
Amara Raja Batteries
Clarios ARBL Holding has sold its entire stake in battery manufacturer Amara Raja Batteries in a major deal.
result today
Tata Communications, L&T Finance and Bank of Maharashtra stocks are in focus as the companies announce their first quarter results today.
Hero Moto Corp
Hero MotoCorp has launched the new Xtreme 200S 4 Valve.
Also read: Blue Dart Express, IndusInd Bank, RVNL, Polycab India, Tata Communications and others are stocks to watch on July 19th
Also read: Top News of July 19, 2023: Q1 results of Tata Communication, L&T Finance, BCPL Railway, Blue Dart among ex-dividend stocks
