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TCS, Infosys, Vedanta, RVNL and other stocks to watch out for today

TCS, Infosys, Vedanta, RVNL and other stocks to watch out for today

Stocks to watch out for today: TCS, Infosys, Edvenswa Enterprises, Anand Rathi Wealth, Vedanta, RVNL and more

Aseem Thapliyal
Aseem Thapliyal
  • Updated Apr 13, 2023 8:23 AM IST
TCS, Infosys, Vedanta, RVNL and other stocks to watch out for today TCS, Infosys, Vedanta, RVNL and other stocks to watch out for today

Domestic equity market ended with gains for the eighth straight session on Wednesday. Sensex rose 235.05 points, or 0.39 per cent, to 60,392.77, while NSE's Nifty50 gained 90.10 points, or 0.51 per cent, to settle at 17,812.40. In the broader markets, BSE midcap and smallcap indices added half a per cent each. Fear gauge India VIX spiked more than 2 per cent to 12.27-levels.

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Here’s a look at stocks that are likely to remain in news today.

TCS 

Tata Consultancy Services reported a 14.76 per cent year-on-year (YoY) rise in consolidated net profit at Rs 11,392 crore for the March quarter compared with Rs 9,926 crore in the same quarter last year.

Infosys  

Shares of Infosys will be in focus as the company will announce its fourth quarter results today. The Board will also consider paying a dividend.

Edvenswa Enterprises  

Ace investor Porinju V Veliyath has purchased 5.69% stake in tech solutions provider Edvenswa Enterprises through block deals on Wednesday.

Anand Rathi Wealth  

Anand Rathi Wealth logged a consolidated net profit of Rs 43 crore for Q4, an increase of 23%. Total revenue stood at Rs 147 crore, representing an increase of 28%.

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Britannia  

Shares of Britannia will be watched out in trade as the company will go ex-dividend on April 13.

Vedanta 

The company’s board will meet today to consider the proposal for issuance of non-convertible debentures (NCDs) on a private placement basis.

AU Small Finance Bank 

The RBI has approved the re-appointment of Sanjay Agarwal as Managing Director & CEO for three years with effect from April 19.

RVNL  

Rail Vikas Nigam has received a letter of award (LOA) from North Western Railway for provision of automatic block signalling on Madar-Sakhun Section of Jaipur Division. The project is worth Rs 63 crore.

 Container Corporation  

Container Corporation of India's total provisional throughput rose 4.71% year-on-year for the quarter ended March.

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Also read: Infosys to share Q4 results, dividend today; Britannia, Edelweiss Financial stocks to go ex-dividend

Also read: Infosys Q4 results at 3.45 pm today: Press conference, earnings call timing, analyst preview & dividend history

Disclaimer: Business Today provides stock market news for informational purposes only and should not be construed as investment advice. Readers are encouraged to consult with a qualified financial advisor before making any investment decisions.

ABOUT THE AUTHOR

Aseem Thapliyal
Aseem Thapliyal

A journalist with over 12 years' experience, who tracks trends in the share market and writes stock market stories. An active follower of Sensex and Nifty, I capture stocks in news and analysis by share market experts and brokerages on their outlook and price targets. I cover company news/earnings leading to a rally or crash in particular stocks or stock market indices. Also track impact of global stock markets on their Indian peers. I have worked with Live Mint and NDTV Profit in previous stints. My hobbies are exploring new places, travelling, watching movies, spending time with friends and family, watching web series, playing cricket and football. I have completed graduation from Delhi University along with a PG Diploma in journalism from IIMC. I can be reached easily via social media platforms.

Published on: Apr 13, 2023 8:23 AM IST