Wednesday , Oct. 2, 2024, 5:54 a.m.
News thumbnail
Business / Wed, 08 May 2024 The Economic Times

Stocks in news: L&T, Hero MotoCorp, Voltas, PB Fintech, LTIMindtree

(You can now subscribe to our(You can now subscribe to our ETMarkets WhatsApp channelDomestic markets witnessed profit booking on Tuesday over expensive valuations despite positive global cues. In today's trade, L&T, Hero MotoCorp LTIMindtree among others will be in focus due to various news developments and quarterly earnings Shares of L&T, Tata Power, Canara Bank, Hero Moto and BSE will be in focus today as the companies will announce their fourth quarter results.Online insurance aggregator PB Fintech, which operates Policybazaar, reported a net profit of Rs 64 crore for the quarter ended March 2024. The company had posted a loss in the year-ago period.JSW Energy's net profit increased 22% year-on-year to Rs 345 crore for the March quarter. Revenue from operations stood at Rs 195 crore in the same period.IGL reported net profit of Rs 382 crore in the fourth quarter. Revenue from operations came in at Rs 3,597 crore.LTIMindtree has joined hands with IBM to establish a global joint Generative AI centre of excellence in India.

(You can now subscribe to our

(You can now subscribe to our ETMarkets WhatsApp channel

Domestic markets witnessed profit booking on Tuesday over expensive valuations despite positive global cues. In today's trade, L&T, Hero MotoCorp LTIMindtree among others will be in focus due to various news developments and quarterly earnings Shares of L&T, Tata Power, Canara Bank, Hero Moto and BSE will be in focus today as the companies will announce their fourth quarter results.Online insurance aggregator PB Fintech, which operates Policybazaar, reported a net profit of Rs 64 crore for the quarter ended March 2024. The company had posted a loss in the year-ago period.JSW Energy's net profit increased 22% year-on-year to Rs 345 crore for the March quarter. The company also announced a dividend of Rs 2 per share.Dr Reddy's posted consolidated net profit of Rs 1,307 crore for the quarter ended March 2024, which was up 36% year-on-year.United Breweries reported multi-fold jump in its net profit at Rs 82 crore for the March quarter.Air conditioning and engineering services provider Voltas reported a 23% decline in consolidated net profit to Rs 110.64 crore in the fourth quarter.Delta Corp posted net profit of Rs 72 crore in the fourth quarter. Revenue from operations stood at Rs 195 crore in the same period.IGL reported net profit of Rs 382 crore in the fourth quarter. Revenue from operations came in at Rs 3,597 crore.LTIMindtree has joined hands with IBM to establish a global joint Generative AI centre of excellence in India.

logo

Stay informed with the latest news and updates from around India and the world.We bring you credible news, captivating stories, and valuable insights every day

©All Rights Reserved.