Stocks in the news this week are Kotak Mahindra Bank, L&T, Vedanta, Bharat Petroleum Corporation, Maruti Suzuki India, and many more.

• Kotak Mahindra Bank, L&T, Vedanta: Kotak Mahindra Bank, Larsen and Toubro, Vedanta, Britannia Industries, Dr Reddy’s Laboratories, Marico, Info Edge, Bharat Electronics, Au Small Finance Bank, United Breweries, Oberoi Realty, Max Financial Services and Atul are among the organizations that has report their December quarter results.

• Bharat Petroleum Corporation: The main oil advertising player said it will contribute Rs 10,000 crore throughout the following five years in setting up city gas dissemination networks in the urban communities for which it got licenses in the most recent offering round.

• Maruti Suzuki India: The country’s biggest carmaker detailed a 47.82 percent decrease in combined net benefit at Rs 1,041.8 crore in the second from last quarter finished December 2021, by virtue of lower deals because of the continuous semiconductor lack and expansion in item costs.

• Vedanta: The private loan specialist Citi Bank offloaded portions of Vedanta worth over Rs 1,200 crore, through an open market exchange. As indicated by mass arrangement information on the BSE, over 3.2 crore shares were sold at a normal cost of Rs 314.65 each. This took the absolute arrangement worth to Rs 1,204.48 crore.

• Axis Bank: The private moneylender merged net benefit for the December quarter zoomed almost three-folds to Rs 3,973 crore, as the cash put away for any switches on advances diminished to almost 33% of the year-prior period. The third biggest private area loan specialist detailed a benefit after duty of Rs 3,614.24 crore.

• Hero MotoCorp: The country’s biggest bike producer said its block has endorsed to put Rs 700 crore in Hero FinCorp. The venture is dependent upon execution of conclusive records and finishing of specific conditions standard to an exchange of this nature.

• Vodafone Idea: The Loss-production telecom administrator might raise portable administrations rates this year too, however it will rely upon the market response to the expansion in levy that the organization made in November, a high ranking representative of the organization said.

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