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Stocks in News Today

November 2, 2022

Adani Ports and Special Economic Zone : Company’s consolidated profit grew 65.5% YoY to Rs 1,738 crore. Revenue surged 33% YoY to Rs 5,211 crore for Q2.

UPL : Profit rose 28% year-on-year to Rs 814 cr.Revenue jumped 18.4% to Rs 12,507 cr.

Tech Mahindra : The company’s net profit declined 4% YoY to Rs 1,285 crore. Declared dividend of Rs 18 per share.

Axis Bank : Bain Capital divested 0.54% stake in Axis Bank taking the transaction size to Rs 1,486.82 crore.

Infosys : Infosys to seek shareholders’ nod for its proposed Rs 9,300 crore share buyback between November 3 to December 2 through postal ballot.

NCC : NCC has received two orders for Rs 1,056 crore in October 2022 from state government agencies.

Airtel : Company will keep 5G and 4G tariffs at the same levels for another six to nine months: CEO Gopal Vittal.