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Stocks in News Today

August 5, 2022

Axis Bank : Axis bank will now wind up its UK Subsidary as the deal to sell 100% stake of Axis Bank UK to OpenPayd has now been terminated.

Adani Enterprises : Revenue increased by 8.74% year on year to Rs 3,700.96 cr. .Net Profit was down by 72.9% to Rs 469.46 crores.

Britannia : Revenue increased by 11% year on year to Rs 3,131.9 cr. • Net Profit was down by 13.37% to Rs 337.44 crores.

Adani Ports : Adani Ports and SEZ and AD Ports Group have signed MoU for joint infrastructure investments in Tanzania.

Bharat Electronics : Bharat Electricals declared a bonus Issue of equity shares in the ratio of 2:1.

Yes Bank : Moody’s has upgraded Yes Bank’s rating and marked it as stable. This change was a reflection of the capital raise plan that Yes Bank announced last week.

Future Group Stocks : Sebi has ordered a forensic audit of the accounts of debt-ridden Future Retail (FRL) for the financial years 2019-20, 2020-21 and 2021-22.