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Stock News Weekly

Stock News Weekly

Stock News Weekly

Stocks news this week are Wipro, Ashok Leyland, Godrej and many more

  • Wipro: The IT major has sent off its new advancement studio at Austin in Texas, US, the organization said. Wipro said that the new focus, spread north of 40,000 square feet, will make many positions locally.
  • Hindustan Petroleum Corporation: The oil showcasing firm detailed a 40 percent drop in net benefit in the quarter finished March 31 as higher refining edges were cleaned away by misfortunes on auto fuel deals. Net benefit of Rs 1,795.26 crore in January-March contrasted and Rs 3,017.96 crore a year back.
  • Ashok Leyland: The Hinduja gathering’s leader organization announced a 58.14 percent decrease in united net benefit at Rs 157.85 crore in the final quarter finished March 2022, pulled somewhere around higher costs. The organization had posted a solidified net benefit of Rs 377.13 crore in a similar quarter of the past monetary.
  • Godrej Consumer Products: The local FMCG major revealed a minimal decrease in solidified benefit after charge at Rs 363.24 crore for the final quarter finished March. The organization had posted a merged benefit after duty of Rs 365.84 crore in the year-prior period.
  • LIC Housing Finance: The Mortgage lender announced an almost triple leap in its benefit after assessment to Rs 1,118.64 crore on lower arrangements and improvement in assortment efficiencies. It had revealed a net benefit of Rs 398.92 crore in a similar quarter of FY21.
  • Arvind: The main material producer detailed 64.22 percent ascend in solidified net benefit at Rs 87.60 crore for the final quarter finished March 2022, assisted areas of strength for by and a cost with expanding during the period. The organization had logged a net benefit of Rs 53.34 crore during January-March period a year prior.

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