Reliance Industries, HDFC Bank, Mindtree, Vodafone Idea and other hot stocks on January 14

Jan 14, 2022

By: Rounak Jain

Vodafone Idea

Media reports suggest that the telco is considering raising up to $1 billion via foreign currency convertible bonds to pay its vendors and invest in its network.

Credit: BCCL

Contd...

Partnered with US-based Ciena to upgrade its broadband network to offer 5G services.

Credit: BCCL

Reliance Industries

Signed a memorandum of understanding worth ₹5.95 lakh crore in green energy and other projects in Gujarat.

Credit: BCCL

HDFC Bank

India’s largest private bank will declare its December quarter results tomorrow, and analysts expect it to be a good three months.

Credit: BCCL

Mindtree

The IT services company reported a nearly 10 percent surge in net profit to ₹438 crore in the December quarter, while revenue increased 5.2 percent in constant currency terms, quarter-on-quarter.

Credit: Mindtree

HCL Tech

The IT major will declare its December quarter results today. Analysts expect a nearly 4 percent dollar revenue growth and margins at around 20 percent.

Credit: HCL-Tech

Titan

Rakesh Jhunjhunwala upped his stake in Tata Group's jewellery maker. He, along with his wife now own a 5.09 per cent stake in the company.

Credit: Titan

Earnings

HDFC Bank, HCL Tech, Gujarat Hotels, Metro Brands, Indokem, Ashirwad Capital, Tinplate Company of India, Onward Technologies, among others.

Credit: Pixabay

Tata Metaliks

Its net profit more than halved to ₹36 crore, while revenue surged over 31 percent to ₹690 crore, year-on-year.

Credit: Tata-Metaliks

EaseMyTrip

Recommended bonus issue of equity shares in the ratio of 1:1.

Credit: EaseMyTrip

RPSG Ventures

Raised ₹234 crore via issue of 30 lakh preference shares to Integrated Coal Mining Ltd.

Credit: RPSG-Ventures

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