Mindtree, L&T Infotech, Infosys, IndusInd Bank and other hot stocks on July 14

Jul 14, 2022

By: Rounak Jain

Mindtree

The mid-cap IT company reported a net profit of ₹472 crore, down 0.3 percent sequentially, while revenue surged 8 percent to ₹3,121 crore.

Credit: Mindtree

L&T Infotech

The IT services company will declare its June quarter results today.

Credit: LT-Infotech

Infosys

Will acquire Denmark-based tech and consulting company Base Life Science for €110 million.

Credit: Infosys

IndusInd Bank

Clarified media speculation around an investigation by the Enforcement Directorate, saying that the scrutiny is based on its suo moto reports relating to suspicious transactions from 2011-14.

Credit: BCCL

Earnings today

L&T Infotech, Tata Elxsi, ACC, Tata Steel Long Products, Angel One, GTPL Hathway, among others.

Credit: Pixabay

Hindustan Zinc

Approved an interim dividend of ₹21 per share, amounting to ₹8,837 crore in total.

Credit: Hindustan-Zinc

Tata Power

Its subsidiary has bagged a 600MW solar and wind power project from the Solar Energy Corporation of India, located in Karnataka. Tata Power’s total renewable capacity now stands at 5,524MW.

Credit: Tata-Power

JSW Energy

Its subsidiary has won a 300MW wind power project from the Solar Energy Corporation of India, increasing its total power capacity to 7.3GW.

Credit: JSW-Energy

Tata Metaliks

Reported a 99 percent decline in net profit to ₹1.22 crore, year-on-year, while revenue increased 10.5 percent to ₹666 crore.

Credit: Tata-Metaliks

World Bank upgrades India GDP growth to 6.9% for FY23, says it has higher resilience to global shocks