Stocks news this week are L&T, Tata Motors, Airtel and many more.
Vodafone Idea: The obligation-ridden telecom administrator anticipates that the public authority should finish the transformation of around Rs 16,100 crore levy into a 33% stake in the organization before very long, a high ranking representative of the firm said.
L&T: Larsen and Toubro on Thursday revealed a 10 percent development in its merged net benefit at Rs 3,620.69 crore for the quarter finished March 2022. The organization had posted a merged net benefit of Rs 3,292.81 crore in the year-prior period, Larsen and Toubro (L&T) said.
Tata Motors: Homegrown auto major Tata Motors on Thursday announced a restricting of combined overall deficit at Rs 992.05 crore in the final quarter finished March 2022.
RBL Bank: The bank said its merged post charge net benefit dramatically increased to Rs 164.77 crore in the March quarter, predominantly because of a low base in the year-prior period.
Bharti Airtel: Net endorser expansion by Bharti Airtel and Reliance Jio expanded the general telecom client base to over 116.69 crore in March 2022, telecom controller Trai said in its month to month report on Thursday. Bharti Airtel and Reliance Jio drove new client increases in both versatile communications as well as fixed-line administrations portion in March.
Apollo Tyres: Apollo Tyres on Thursday said its merged net benefit has declined by 61% to Rs 113 crore for the final quarter finished March. The organization had announced a solidified net benefit of Rs 287 crore in the January-March quarter of 2020-21 financial.
HCC: Hindustan Construction Company (HCC) on Thursday detailed an 80.36 percent decrease in merged net benefit at Rs 30.88 crore for the quarter finished March 31, 2022.