Mindtree, Wipro, Ujjivan Financial Services, RailTel among stocks to watch out for on April 19

Apr 19, 2022

By: Bhakti Makwana

Mindtree

The midcap IT firm reported a 49 percent jump in net profit on year growth in March quarter at ₹473 crore as against ₹317 crore in the last year.

Credit: BCCL

Wipro

The IT firm has appointed Satya Easwaran as the Country Head for India. Satya will be in charge of strengthening Wipro’s business in India across key industry sectors through strategic consulting, transformation and modernization engagements.

Credit: Wipro

Ujjivan Financial Services

The company has appointed Radhakrishnan Ravi, as chief executive officer and chief financial officer of the company.

Credit: RailTel

RailTel

The government owned firm received a work order from Rail Vikas Nigam of ₹11.57 crore for the installation of multi-protocol label switching (MPLS) - virtual private networks (VPNs) at 33 locations across the country.

Credit: RailTel

SJVN

The Company has signed a loan agreement of ₹494 crore with Himachal Pradesh State Co-Operative Bank for development of 66-megawatt hydroelectric project in Himachal Pradesh.

Credit: Tamil-Nadu-Newsprint-Papers

Sanofi India

The company has appointed Rodolfo Hrosz as managing director of the firm with effect from June 1, 2022, for a period of three years.

Credit: Tamil-Nadu-Newsprint-Papers

Tamil Nadu Newsprint & Papers

Life Insurance Corporation of India (LIC) reportedly sold 2.04 percent equity stake in the company via open market transactions. Now the shareholding of LIC in the company stands at 5.95 percent, down from 8 percent earlier.

Credit: Tamil-Nadu-Newsprint-Papers

Mishtann Foods

The company is considering the issue of bonus equity shares in the proportion of one bonus equity share for every one share held by shareholders.

Credit: Mishtann-Foods

Earnings today

ACC, Larsen & Toubro Infotech, Mastek, Tata Steel Long Products, Benares Hotels, Godavari Drugs, and Longview Tea Company will release March quarter earnings today.

Credit: BCCL

Having a funny bone like Chandler Bing’s could make you hot property on Tinder