Keep your eyes glued on these seven stocks on Wednesday!
Interglobe Aviation: The capacity for the quarter went up by 433.2 per cent compared to the same period last year. It operated a peak of 1,262 daily flights and a minimum of 318 flights during the quarter, including non-scheduled flights.
Larsen & Toubro: The company has considered & approved a scheme of arrangement for the amalgamation of L&T Hydrocarbon Engineering Limited (LTHE) a wholly-owned subsidiary of the company) with the company.
Oriental Hotels: With the gradual ease in restrictions, all the company’s hotels have been opened, along with limited food & beverage and ancillary operations while business is expected to gradually improve across all hotels. The company has undertaken a series of actions to ensure adequate liquidity and cost optimisation. Cash conservation measures have included a deferral of discretionary spending and Capex unless absolutely required.
Dr Reddy’s Laboratories: Dr Reddy's and ICICI Lombard have collaborated for the pilot launch of first-of-its-kind integrated and cashless digital health solution in India.
GMR Infrastructure: Groupe ADP and GMR have announced the execution of their industrial partnership, demonstrating their intent to cooperate with each other and a shared global vision for the airport sector. This marks a new significant step into building the world’s largest airport alliance to welcome passengers and leverage both groups’ expertise to continuously improve operations.
Wipro: Wipro and Designit research shows that 68 per cent of CMOs believe empathy and transparency surpass innovation in brand success.
Coromandel International: The total income in Q1FY22 stood at Rs 3,666 crore compared to Rs 3,222 crore during the same period the previous year, registering a growth of 14 per cent over the previous year. EBITDA for Q1 was Rs 480 crore, a growth of 16 per cent over Q1 of the previous year. PAT for Q1 was Rs 329 crore, a growth of 33 per cent over Q1 of the previous year.
TCS: TCS been recognized as a Leader in The Forrester Wave™: Continuous Automation and Testing Services, Q3 2021.
RITES: RITES has secured a road sector consultancy work order for the preparation of a detailed project report from National Highways & Infrastructure Development Corporation Limited (NHIDCL) with a fee income of Rs 19.10 crore.