Wipro, Ashoka Buildcon, Tata Power and other stocks to watch out for on April 16

Apr 16, 2021

By: Rounak Jain

Wipro

The company’s consolidated profit was almost flat quarter-on-quarter in the March 2021 quarter, growing by 0.1 percent to ₹2,972 crore.

Credit: Wipro

Ashoka Buildcon

The company bagged a ₹333 crore project from Gujarat Rail Infrastructure Development Corporation.

Credit: Ashoka-Buildcon

Tata Power

It will collaborate with the government’s Common Services Arm to set up solar-powered micro grids along with water pumps in rural areas.

Credit: Tata-Power

National Fertilizers

The government has floated a request for proposal to divest 20 percent stake in the company through an offer for sale (OFS).

Credit: National-Fertilizers

ISGEC Heavy Engineering

Investment banker Goldman Sachs has raised its stake in the company to 1.88 percent in March 2021, up from 1.33 percent in the previous quarter.

Credit: ISGEC

Antony Waste Handling Cell

It reported a growth of 6.5 percent in its operating revenue to ₹442 crore in FY 2020-21 when compared to the previous year.

Credit: Antony-Waste

Seshasayee Paper & Boards

It has received re-affirmation of A Plus rating for its long-term bank facilities with stable outlook from CARE Ratings.

Credit: Seshasayee-Paper-Boards

Kirloskar Ferrous Industries

The company’s board will meet on May 5 to consider the final dividend for FY 2020-21.

Credit: Kirloskar

Mindtree

The L&T group company is all set to announce its March 2021 earnings today.

Credit: Mindtree

Tata Steel

The company announced its plans to transform its steel tube making facility in the UK.

Credit: Tata-Steel

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