Stocks in news: RIL, Paytm, HUL, IndusInd Bank, HDFC Bank

Jan 19 2024 09:49 AM IST
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GIFT Nifty on the NSE IX traded 57.50 points, or 0.27 per cent, higher at 21,529, signaling that Dalal Street was headed for positive start on Friday. RIL, Paytm, HUL, UltraTech, and Hindustan Zinc will be in focus as the companies will announce quarterly results.

GIFT Nifty on the NSE IX traded 57.50 points, or 0.27 per cent, higher at 21,529, signaling that Dalal Street was headed for positive start on Friday. Here’s a slew of stocks that will be in focus today for various reasons.Here’s a slew of stocks that will be in focus today for various reasons.RIL, Paytm, HUL, UltraTech, Hindustan ZincShares of RIL, Paytm, HUL, UltraTech, and Hindustan Zinc will be in focus as the companies will announce their quarterly results.IndusInd BankPrivate lender IndusInd Bank’s standalone net profit grew 17% to Rs 2,298 crore for the quarter ended December. Net interest income for the third quarter rose 15% to Rs 5,296 crore.Indian BankThe lender has received RBI approval for setting up of a new wholly-owned operations support subsidiary by the Bank.Read more: Here’s the trade setup for today’s sessionShoppers StopShoppers Stop reported net profit of Rs 36.7 crore in the December quarter and revenue from operations were at Rs 1,238 crore.LupinLupin secured USFDA approval for Febuxostat Tablets that are used for the chronic management of hyperuricemia in adult patients with gout.Bandhan BankThe RBI has granted its approval for the appointment of Rajinder Kumar Babbar as Whole-Time Director (to be designated as Executive Director) of the Bank, for a period of three years.Poonawalla FincorpPoonawalla Fincorp reported net profit of Rs 265 crore in the third quarter. Revenue from operations stood at Rs 763 crore.HDFC BankFollowing muted third quarter numbers, HDFC Bank’s shares fell for the second consecutive day, losing as much as 12% in just two days.Metro BrandsMetro Brands’ net profit fell 13% to Rs 97.8 crore, while revenue was up 6% at Rs 635 crore in the December quarter.Connect with Experts – Wealth creation made easy

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