Reliance Industries, Titan, Ujjivan SFB, HCL Tech and other hot stocks on January 7
Jan 7, 2022
Credit: BCCL
Reliance Industries
Announced a fundraise of $4 billion (approx. ₹30,000 crore) via US Dollar denominated bonds, the largest ever in India’s corporate history.
Credit: BCCL
Contd...
Reliance Industries also acquired a 25.8 percent stake in Dunzo, a quick delivery service company, for $200 million.
Credit: Reliance Industries
Titan
Festive cheer helped the company post a strong growth of 37 percent in its jewellery business in the December quarter, while watches and wearables grew 28 percent, and other businesses by 44 percent.
Credit: Titan
Ujjivan SFB
Total deposits jumped 34 percent to ₹15,600 crore while loans grew 22 percent to ₹16,600 crore, year-on-year.
Credit: Ujjivan SFB
HCL Tech
Acquired a 51 percent stake in German IT consulting company, Gesellschaft für Banksysteme.
Credit: HCL Tech
Dish TV
Yes Bank has filed a suit to force Dish TV to declare the results of the recently concluded annual general meeting.
Credit: Dish TV
Gujarat Pipavav Port
Reported a 21 percent fall in container volume in the December quarter, year-on-year.
Credit: Unsplash
Hinduja Global
Declared a dividend of ₹150 per share and one bonus share for each share held.
Credit: Hinduja Global
Godrej Consumer
Inflation resulted in low volume growth, likely in high single-digit, while margins are expected to be lower year-on-year due to ‘unprecedented cost inflation’.
Credit: Godrej Consumer