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Stocks in News Today

August 1, 2022

Yes Bank : The bank will raise Rs 8,898.47 cr from The Carlyle Group and Advent International by selling a 10% stake.

Dr. Reddy’s Laboratories : Dr. Reddy’s has entered into an agreement with Slayback Pharma to obtain exclusive rights of private label version of Lumify eyedrop.

Cipla : Revenue from operations declined by 2.4% year on year to Rs. 5,375.19 cr. • Net profit declined by 4% to Rs 686 cr.

SBI : SBI has signed an agreement for the sale of its entire 19.5% stake in HDFC Venture Capital, to HDFC.

Mahindra & Mahindra : Mahindra & Mahindra received over 1 lakh bookings for its all-new Scorpio-N SUV within half an hour of its booking

HDFC : HDFC has increased its benchmark lending rate by 0.25% a move that will make loans costlier for both existing and new borrowers.

DLF : Net profit increased by 39% year on year to Rs 469.56 cr.