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Stock News Today

Stock News Today

Stock News Today

Stocks in the news today are Indus Towers, Bajaj Finance, CEAT, Tech Mahindra, and SRF.

Nifty traded 23 points merely, or 0.13 % higher at 18,221.

  • Indus Towers: a consolidated net profit increase was posted by the telecom infrastructure company for the September quarter of 2021 to around Rs 1,559 crore, as the announcement of the reforms was recently done for the telecom firm and resulted in a good improvement in the sentiments of business. 
  • Bajaj Finance: Bajaj Finance along with Axis Bank, PI Industries, Dr. Lal Pathlabs, Central Bank India, Kotak Mahindra Bank, Cipla, Canara Bank, Nippon Life Asset India Management, Sanofi, Torrent Pharma, and Ambuja Cements are those firms that will declare their result of September quarter today.
  • CEAT: the makers of Tyre reported a decline of 77 % at Rs 42.28 crore in the consolidated net profit for September 30, the second quarter ended, affected by the cost of higher inputs.
  • Tech Mahindra: the exporter of software reported an increase of 26 % at Rs 1,338.7 crore in the net profit of the September quarter and expects to manage the trajectory. 
  • SRF: the manufacturer of chemicals reported a rise of 21 % at Rs 382.45 crore in the consolidated net profit for the September quarter ended on maximum revenue. A year before the net profit was Rs 315.20 crore. 

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