Page 646 - Si Reporter

Wipro Q3 profit grows 21% YoY to Rs 2,968 crore, margins expand 243 bps QoQ

The company declared dividend of Rs 1 per share

Sensex ends choppy day 25 pts lower; midcaps skid; M&M up 6%, HDFC down 2%

Stock market LIVE updates: India VIX ticked up 4 per cent in the intra-day trade, but ended 2 per cent higher

Mrs. Bectors Food stock hits lowest level since listing amid profit booking

Post listing, institutional investors led by foreign portfolio investors, financial institutions and banks have cut their stake by 4.06 percentage points to 10.46 per cent, data shows

Tata Chemicals zooms 10% on report Co in talks to buy Archean's unit

According to the report, Tata Chemicals is in advanced talks to acquire the industrial salt unit of Archean Group that could value the business at Rs 450 crore at a minimum

M&M reclaims Rs 1-trn m-cap mark as stock surges 5%, hits over 2-yr high

The stock rallied 5% to Rs 817, its highest level since October 2018.

Wipro hits fresh record high ahead of December quarter results

Analysts expect Wipro to post decent revenue growth, minimum-to-no impact on EBIT margins and a 5-10 per cent YoY jump in its net profit for Q3FY21

Bajaj Electricals rallies 17% on stable outlook, up 37% so far in January

Last month, ICRA had reaffirmed its long-term and short-term rating of the company's line of credit

Tata Elxsi soars 11%, hits new high on strong December quarter results

Going forward, the company is expected to report robust numbers based on multiyear large deals won by the company and ramp up of previous deals

Bharti Airtel surges 6% on DoT nod for 100% FDI in downstream investments

Post revision of its foreign investor limit, Airtel's weightage in MSCI should go up, resulting in significant inflows into the stock

Stocks to watch: Infosys, Wipro, Airtel, TechM, Tata Motors, Tata Elxsi

Bharti Airtel said it is initiating the process to revise its foreign investment limit to 100 per cent with immediate effect

Sensex up 248 pts at 49,517; Nifty at 14,563; SBI, Airtel soar 4%, RIL 3%

Stock market updates: Nifty PSU Bank index surged over 6 per cent and was the top sectoral gainer

HDFC Bank hits new high as FPIs hike stake for third straight quarter

Between March and December, FPIs purchased an additional 129 million, or 2.67 percentage point stake, in the bank

FSL dips 6% in 2 days as Rakesh Jhunjhunwala cuts stake in December quarter

Rakesh Jhunjhunwala's stake in the company declined to 1.29 per cent in December quarter from 2.88 per cent at the end of September quarter

Tata Motors extends gains into eighth day post JLR Q3 retail sales numbers

JLR performance in China, the region least impacted by Covid-19 in the most recent quarter, has been particularly encouraging with sales there growing on both a year-on-year and quarter-on-quarter

Tata group shares rally; Tata Consumer, Tata Chemicals, Voltas at new highs

Among individual stocks, Tata Motors advanced 13 per cent to Rs 250 today in the intra-day trade, surging 26 per cent in the past two trading sessions

Bharti Airtel inches towards 52-week high on strong earnings outlook

ICICI Securities expects Bharti Airtel to lead subscriber addition in December quarter aided by Vodafone Idea churn and challenges faced by the new operator due to farmer's protest

Indiamart Intermesh hits new high on fundraising plan, zooms 54% in a month

The board of directors of the Company is scheduled to meet on Monday, January 18, 2021, to consider raising of funds.

GAIL gains 4%, hits 52-week high as board set to mull buyback on Jan 15

The government, which holds 52.1 per cent of GAIL, is likely to participate in the GAIL buyback

Stocks to watch: GAIL, Tata Motors, Dishman Carbogen, DRL, Karnataka Bank

Jaguar Land Rover's retail sales fell 9 per cent YoY to 1,28,469 units in the October-December quarter

Nifty Auto index at over 2-year high on hopes of strong Q3 earnings growth

Nifty Auto index has jumped 8 per cent on a year-to-date basis in 2021