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Stocks in the news: HCL Tech, Maruti, HFCL, Fortis, Equitas SFB and Vedanta

Nifty futures on the Singapore Exchange traded 52.5 points, or 0.33 per cent higher at 15,780.50, signaling that Dalal Street was headed for a positve start on Monday. Here are a dozen stocks which may buzz the most in today’s trade:

HFCL, HMT, Steel Strips: HFCL, HMT, Steel Strips Wheels, Authum Investment & Infrastructure and

are among the company that will announce quarterly earnings today.

HCL Technologies: The IT major announced the signing of a five-year global agreement to provide digital transformation and managed services to US-based The Mosaic Company.

Hindustan Unilever: The FMCG major said it has launched its first ‘Smart Fill’ machine, an in-store vending model for its home care products to reuse, reduce and recycle plastic.

India: The country’s largest carmaker announced the nationwide roll-out of its digital platform that provides customers end-to-end online car financing solutions.

Fortis Healthcare: The healthcare facilities plans to initiate various measures like engaging with key corporate clients, leveraging digital platforms, and developing further competencies in cancer care, neuro and renal sciences, to improve margins and grow revenues this fiscal, as per the company’s Annual Report for 2020-21.

Vedanta: The mining firm’s Talwandi Sabo Power Ltd (TSPL) said that all three units of its 1,980 MW coal-fired thermal power plant in Mansa district of Punjab would be operational by the end of this month. In a statement, it stated that the TSPL engineers are on war footing to rectify a technical snag.

Corporation: A two-decade-old LPG supply order restricting supply of domestically produced LPG to only state-owned oil companies has stymied plans to allow BPCL to continue selling subsidised cooking gas (LPG) after its privatisation.

Metropolis Healthcare: The diagnostic chain said Dr Ganesan’s Hitech Diagnostic Centre does not seem to be intending to close the acquisition agreement with the company and so it will take appropriate actions in this matter.

Avenue Supermarts: The ownenr and operator retail chain DMart, on Saturday reported over two-fold jump in consolidated net profit at Rs 95.36 crore for June quarter 2021-22. The company had posted a net profit of Rs 40.08 crore in April-June period a year ago.

Federal Bank: The shareholders of the private lender have approved the resolution to re-appoint Shyam Srinivasan as the Managing Director and Chief Executive Officer for a period of three years. The decision was taken in the 90th Annual General Meeting of shareholders of Federal Bank

Easy Trip Planners: Online travel solutions provider EaseMyTrip is eyeing 100 per cent growth this year on the back of demand recovery for tourism. EaseMyTrip had reported a revenue of Rs 106.69 crore and a profit after tax of Rs 61 crore in the financial year 2020-21.

Quess Corp: The IT services firm has more than doubled its stake in digital gig worker platform Taskmo to 33.33 per cent with an investment of about Rs 3.2 crore, the company said in a regulatory filing.

IDBI Bank: The government has extended the deadline for transaction and legal advisors to bid for managing the

strategic sale by 9 days till July 22. DIPAM had on June 22 invited bids from merchant bankers and law firms for managing and giving legal advice for the sale process.

Godrej Properties: The realty firm plans to invest more than USD 1 billion over the next couple of years to acquire and develop new projects as part of its target to achieve higher growth, its Executive Chairman Pirojsha Godrej has said.

SJVN: The electric utilty firm is keen to set up more hydroelectric power projects in Nepal, the power PSU’s CMD N L Sharma informed Nepal Prime Minister K P Sharma Oli. Sharma, who is on a three-day visit to the neighbouring nation, called on Oli on Saturday.

Equitas Holdings, Equitas SFB: Equitas Small Finance Bank said the bank has received Reserve Bank of India’s (RBI) nod to apply for amalgamation of the promoter, Equitas Holdings, into itself.

Delta Corp: The company reported consolidated loss at Rs 28.93 crore in Q1FY22 against loss of Rs 28.24 crore in Q1FY21, revenue rose to Rs 75.87 crore from Rs 48.34 crore YoY.

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