Stocks in news: Jio Financial, Angel One, HDFC Bank, Federal Bank, LTTS

Jan 16 2024 09:59 AM IST
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GIFT Nifty on the NSE IX traded 54.5 points, or 0.25 per cent, lower at 22,089, signaling that Dalal Street was headed for negative start on Tuesday. Federal Bank, HDFC Bank, ICICI Lombard and LTTS will be in focus today as the companies will announce quarterly results.

GIFT Nifty on the NSE IX traded 54.5 points, or 0.25 per cent, lower at 22,089, signaling that Dalal Street was headed for negative start on Tuesday. Here’s a slew of stocks that will be in focus today for various reasons.Angel OneAngel One on Monday reported a healthy set of quarterly numbers, with the consolidated net profit rising 14.2% year-on-year (YoY) to Rs 260 crore. Revenue from operations rose 41.5% YoY to Rs 1,059 crore.Jio FinancialJio Financial Services reported a 56% sequential fall in consolidated net profit for the quarter ended December to Rs 294 crore. Consolidated revenue from operations fell nearly 32% from the previous quarter to Rs 414 crore.Read more: Here’s the trade setup for today’s sessionFederal Bank, HDFC Bank, ICICI Lombard, LTTSShares of Federal Bank, HDFC Bank, ICICI Lombard and LTTS will be in focus today as the companies will announce their quarterly results.RVNLRVNL emerged as the lowest bidder for a Rs 251 crore project.PNC InfratechPNC Infratech will sell 12 SPVs to Highway Infrastructure Trust for an enterprise value of Rs 9,006 crore.Shakti PumpsThe Board of Shakti Pumps will meet on January 18 to consider fund raising via qualified institutional placement (QIP).Sarda EnergySarda Energy has received a contract worth Rs 150 crore for installation of 50 MW DC solar power plant in Chhattisgarh.Connect with Experts – Wealth creation made easy

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