Bajaj Finance, Tech Mahindra, Tata Power and other top stocks on January 18

Jan 18, 2022

By: Rounak Jain

Bajaj Finance

It will declare its December quarter results today.

Credit: Unsplash

Tech Mahindra

Acquired Com Tech Co IT for €310 million (approx. ₹2,628 crore), in addition to a 25 percent stake in SWFT and Surance.

Credit: Tech-Mahindra

Tata Power

Its renewable energy arm has commissioned two 50MW solar power projects in Uttar Pradesh, expected to generate over 220 million units each year.

Credit: Tata-Power

Earnings today

Bajaj Finance, Just Dial, Trident, Tata Elxsi, ICICI Securities, ICICI Pru Life Insurance, L&T Technology Services, DCM Shriram, Newgen Software, among others.

Credit: Pixabay

HFCL

Net profit declined to ₹81 crore in the December 2021 quarter against ₹85 crore a year ago, while revenue also fell to ₹1,215 crore from ₹1,277 crore.

Credit: HFCL

Tatva Chintan Pharma Chem

Net profit increased to ₹23 crore in the December 2021 quarter against ₹21 crore a year ago. Revenue surged 31 percent to ₹105 crore.

Credit: Tatva-Chintan-Pharma-Chem

Angel One

Net profit more than doubled to ₹165 crore as against ₹73 crore a year ago. Revenue surged to ₹597 crore from ₹307 crore, year-on-year.

Credit: Angel-One

Strides Pharma

Received USFDA approval for Oseltamivir Phosphate for oral suspension, used to treat flu symptoms caused by influenza virus.

Credit: Strides-Pharma

Dilip Buildcon

Completed the construction of a four-lane highway section between Yavatmal and Wardha.

Credit: Dilip-Buildcon

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