TCS, Tata Motors, Axis Bank, Tata Steel among top stocks to watch out for on April 11

Apr 11, 2022


Credit: BCCL


The information technology (IT) major will be in focus today as it will announce its March quarter earnings today.

Credit: BCCL

Tata Motors

The company’s subsidiary Jaguar Land Rover’s retail sales for March quarter continued to be constrained by the global semiconductor shortage. It reported a retail sale of 79,008 units in Q4 FY22, down 36 percent year-on-year.

Credit: IDBI Bank

Tata Steel

The company’s subsidiary Tata Steel Mining has announced plans to acquire Rohit Ferro-Tech under the Corporate Insolvency Resolution Process (CIRP) of the Insolvency and Bankruptcy Code 2016.

Credit: Tata Steel

Axis Bank

The RBI has imposed a penalty of ₹93 lakh on Axis Bank for certain non-compliances including those related to KYC guidelines.

Credit: IDBI Bank


The company has announced the appointment of Anis Chenchah as chief executive (CEO) in four regions – Asia Pacific, India, Middle East and Africa.

Credit: IDBI Bank

Vodafone Idea

The telecom operator is in advanced talks with US private equity investor Apollo Global to raise as much as $1 billion by selling a mix of debt and equity, according to a Mint report.

Credit: Vodafone Idea


The central bank has also imposed a fine of ₹90 lakh on IDBI Bank for violating regulations related to frauds and cyber security.

Credit: IDBI Bank

Shoppers Stop

The company has completed the further sale of 19.50 percent of its stake in Crossword Bookstores. Accordingly, the company's equity stake in Crossword stands reduced to 29.5 percent.

Credit: BCCL

Veranda Learning Solutions

The company will make its debut on the exchanges today.

Credit: BCCL

Banks, Infosys, M&M among top stocks to watch on April 8