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Stocks in news today

April 13, 2023

TCS: The company has projected a 15% growth in its consolidated net profit at Rs 11,392 crore in the fourth quarter vs Rs 9,926 crore in the same quarter last year.

Edvenswa Enterprises: Through block deals, Porinju V Veliyath has bought 5.69% stakes in Edvenswa Enterprises.

Vedanta: For the proposal of issuance of non-convertible debentures (NCDs) on a private placement basis, the board meeting is scheduled to be held today.

NTPC: On 17 April, NTPC plans to issue unsecured non- convertible debentures of Rs 3,000 crore through a private placement at a coupon of 7.35% for a 3-year tenor

Rail Vikas Nigam: The firm has received a letter of award (LOA) from North Western Railway for automatic block signaling on the Madar-Sakhun section of Jaipur amounting to a project worth Rs 63 crore.

Anand Rathi Wealth: The firm has reported an increase of 23% for the Jan- March period in the consolidated net profit at Rs 43 crores. Total revenue lay at Rs 147 crore, projecting a 28% Increase.

Infosys: The company will announce its fourth-quarter results in the evening. The board will consider paying a dividend.