Trending Stocks: Titan, Mindtree, Tata, RIL, GTPL, HAL and others in news today

Mindtree 

The company recorded profit at Rs 437.5 crore in December 2021 quarter against Rs 398.9 crore in September 2021 quarter, revenue jumped to Rs 2,750 crore from Rs 2,586.2 crore QoQ.

One 97 Communications (Paytm)

The company is eyeing revenue from payments, including merchant transfers, at around $140 million (about Rs 1,034 crore) in the current quarter (Q4FY22) with a growth of 50-60 per cent on a year-on-year basis.

Tata Metaliks 

The company reported a lower profit at Rs 35.65 crore in December 2021 quarter against Rs 75.18 crore in December 2020 quarter, revenue jumped to Rs 689.80 crore from Rs 526.23 crore YoY.

Titan Company 

Rakesh Radheshyam Jhunjhunwala increased shareholding to 4.02% (3,57,10,395 equity shares) as of December 2021 quarter, up from 3.80% (3,37,60,395 shares) as of September 2021 quarter. His wife’s stake remained at 1.07% (95,40,575 shares) as of December 2021 quarter compared to September 2021 quarter.

GTPL Hathway

Net sales declined -16.48%  to  Rs. 3770.16 million from Rs. 4514.16 millions. The company has announced a 30.50% increase in its profits to Rs. 353.60 million for the  quarter ended December 2021

Reliance Industries (RIL) 

The company signed MoU with the Government of Gujarat for a total investment of Rs 5.955 lakh crore as part of the Investment Promotion Activity for Vibrant Gujarat Summit 2022.

Gautam Gems

The company reported a big loss of -93.98% PAT for the quarter ended December 2021 to Rs. 1.24 million from Rs. 20.61 millions.

Vikas Lifecare 

The company acquired a 75% stake in Genesis Gas Solutions, a company engaged in the business of developing “smart products” including smart gas meters & power distribution solutions.

Palm Jewels

The Company to register a -58.68%  fall in the net profit for the quarter ended December 2021.

IIFL Securities 

The company has collaborated with TradingView in order to offer advanced charting tools to clients.

Plastiblends India 

The company reported a higher profit at Rs 12.07 crore in December 2021 quarter against Rs 11.37 crore in December 2020 quarter, revenue rose to Rs 174.14 crore from Rs 160.04 crore YoY.

Mega Corporation

A decent increase of about 29.58% in the sales to Rs. 8.28 million was observed for the quarter ended December 2021.

Hindustan Aeronautics Limited

ICRA has upgraded the company’s long term rating to AAA from AA+ and also revised the outlook to Stable from Positive.

Aditya Birla Money

The company reported a profit after tax with a huge growth of 53.66% to Rs. 64.60 million from Rs. 42.04 million for the quarter ended December 2021.