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The market continued to decline, losing almost half a percent as part of its ongoing correction. In today’s session, stocks like Wipro, Infosys, Axis Bank, Nestle, Bajaj Auto, and RIL will be in focus due to key news and second-quarter earnings results.
Wipro, Infosys, Axis Bank, Nestle, LTIMindtree
Shares of Wipro, Infosys, Axis Bank, Nestle, and LTIMindtree are expected to see movement as these companies will be announcing their second-quarter results today.
Bajaj Auto
Bajaj Auto reported a standalone net profit of ₹2,005 crore for the September 2024 quarter, marking a 9% year-on-year increase.
L&T Tech
L&T Technology Services reported a small rise of 2% in consolidated net profit, totaling ₹320 crore for the second quarter of 2024.
RIL (Reliance Industries)
RIL has set October 28, 2024, as the record date to determine shareholders eligible for its 1:1 bonus share issue.
Ircon
Ircon has signed a memorandum of understanding (MoU) with Patel Engineering for cooperation in infrastructure projects both in India and abroad.
Bikaji Foods
Bikaji Foods’ retail arm plans to acquire a 53.02% stake in Hazelnut Factory Food, investing up to ₹131 crore.
RVNL (Rail Vikas Nigam Limited)
RVNL was the lowest bidder for a ₹270 crore project from Maharashtra Metro Rail Corporation.
Disclaimer: The views and investment tips expressed by investment experts on Sharepriceindia.com are their own and not those of the website or its management. Sharepriceindia.com advises users to check with certified experts before taking any investment decisions.
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