Top stocks in focus today: Infosys, HDFC, IDFC Bank, GAIL
Boards of the IDFC Bank Ltd. and Capital First Ltd. approved a merger between the two entities.
Infosys reported a 37.6% sequential growth in net profit at Rs5,129cr for the December quarter. The software giant had reported Rs3,726cr profit for September quarter.
GAIL announced that the board of directors of the company at its meeting held on Friday recommended an interim dividend of Rs7.65 per equity share, subject to the approval of the shareholders.
HDIL Board approves allotment of Rs200cr warrants to promoter at Rs70.5 per warrant.
RBI approves to hike FPI limit in Granules India to 49% from 24% earlier.
Telecom stock will be in focus today asTRAI cuts international interconnect charges to 30 paise per minute.
Southern Petrochemicals to shut down its plants for maintenance.
Eclerx to consider details of share buyback on January 23.
Lasa Supergenerics to consider the conversion of unsecured loans into equity at EGM on February 7.
Filatex India’s expansion project at Dahej commences trial production.
Trigyn Technologies received multiyear IT services contract worth $1.5 million from IFAD, Rome, Italy.
REC transfers the entire stake in wholly owned subsidiary REC Transmission to Power Grid.
Polaris Consulting stock will be in focus. The board of acquirer, Virtusa Consultancy Services, has announced its indicative price for its delisting at Rs370 per share.
Narayana Hrudayalaya announced that 71.4% stake in Health City Cayman Islands has been bought back, making it a 100% step down subsidiary of Narayana Hrudayalaya.
BHEL has successfully commissioned a 250 MW thermal power unit in Bihar.