HCL Tech share price: Stocks in the news: HCL Tech, L&T, Ashok Leyland, Bank of Baroda and HFCL
HCL Tech, L&T, Ashok Leyland, Bank of Baroda and HFCL are in the news. National Standards, Sterling & Wilson Renewable Energy, Delta Corp and Anand Rathi Wealth are among the companies that will announce their quarterly earning for the quarter ended June 2022.
Nifty futures traded 109 points lower at 16,089.5. SW Solar, National Standards (India), Sterling & Wilson Renewable Energy, Delta Corp, Plastiblends India and. Plastics India are among the companies that will announce their quarterly earning for the quarter ended June 2022.
Larsen & Toubro has won contracts to build data centres of capacities totalling 10.8 MW at Mumbai and Navi Mumbai. The company will design, build and be involved in supply work.
Ganesh Mani has been appointed as the new president and chief of operations of Ashok Leyland. The state-owned lender has raised the marginal cost of funds based lending rate by up to 0.15% for select tenor of loans with effect from Tuesday. HFCL bags orders worth Rs 59.22 crore for rollout of fibre network from one of the leading private telecom operators.
Nomura Singapore bought 12.5 lakh shares of BLS International Services for Rs 26.75 crore. The total order inflow during the FY23 stood at Rs 863 crore and the civil construction company has secured a new order for construction work of Amity Campus Bengaluru worth to Rs 150 crore from Ritnand Balved Education Foundation.
The board of directors of the engineering and construction company has approved a proposal to buy back shares up to Rs 130 crore at a price up of Rs 325 per piece.
Satin Creditcare Network's board of directors approved raising of funds by way of issuance of non-convertible debentures up to Rs 5,000 crore. The funds will be raised within a period of one year from the date of shareholders' approval. Packaged food maker reported a 216 per cent rise in the net profit to to $11.03 crore in quarter ended June 2022. Company's sales rose 119 per Centres to Rs 158.27 crore and consulting services firm bagged independent engineering services contract in Rajasthan.
