Reliance Industries, Avenue Supermarts, Kotak Mahindra Bank and other hot stocks on January 10

Jan 10, 2022

Credit: BCCL

Reliance Industries

Acquired Mandarin Hotels’ New York City property for approximately $98.15 million, the company’s second luxury hotel acquisition in two years.

Credit: BCCL

Avenue Supermarts

Reported a 22 percent surge in revenue to ₹9,065 crore in the December quarter while net profit surged almost 25 percent to ₹586 crore, year-on-year.

Credit: BCCL

Kotak Mahindra Bank

Embroiled in a controversy involving alleged abusive language used by BharatPe’s co-founder Ashneer Grover against one of its employees.

Credit: BCCL

InterGlobe Aviation

Announced cancellation of 20 percent of its flights due to the surge in COVID-19 cases.

Credit: BCCL

Earnings today

5Paisa Capital, GI Engineering Solutions, GNA Axles, Vikas Lifecare, among others.

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TCS

Its board will meet on January 12 to consider buyback of equity shares.

Credit: TCS

Info Edge

Declared an interim dividend of ₹8 per share.

Credit: Info Edge

KEC International

Bagged orders worth ₹1,025 crore across various businesses, including railways, oil and gas pipeline, civil and infrastructure cables.

Credit: KEC International

SJVN

Bagged a 125MW solar power project in Uttar Pradesh.

Credit: SJVN