Trending Stocks: Adani Wilmar, TVS Motor, Jindal Stainless and others in news today

Adani Wilmar

The company will make its debut on the bourses on February 8. The issue price has been fixed at Rs 230 per share.

TVS Motor Company

The company reported a higher profit at Rs 288.3 crore in Q3FY22 against Rs 265.6 crore in Q3FY21, revenue increased to Rs 5,706.4 crore from Rs 5,391.4 crore YoY.

NALCO

The company recorded a sharply higher profit at Rs 830.6 crore in Q3FY22 against Rs 239.7 crore in Q3FY21, revenue jumped to Rs 3,773.2 crore from Rs 2,378.7 crore YoY.

Tata Consultancy Services (TCS) 

The company has been named a Leader in the Everest Group PEAK Matrix for Life & Pensions (L&P) Insurance BPS/TPA Services. 

Castrol India 

The company recorded a sharply higher profit at Rs 758.1 crore in Q3FY22 against Rs 582.9 crore in Q3FY21, revenue jumped to Rs 4,192.1 crore from Rs 2,996.9 crore YoY.

Ujjivan Small Finance Bank 

The bank has received approval to raise Rs 600 crore including premium through Qualified Institutional Placement (QIP), the face value of Rs 10 each. 

Paisalo Digital

The company clocked higher profit at Rs 26 crore in Q3FY22 against Rs 22.2 crore in Q3FY21, revenue jumped to Rs 101.4 crore from Rs 86.4 crore YoY.

Union Bank of India

The Bank has reported a rise of 49.33% in its net profit at Rs 1085.40 crore while on the consolidated basis, the Bank has reported a rise of 49.76% in its net profit at Rs 1077.40 crore for the quarter under review.

MM Forgings 

The company recorded a sharply higher profit at Rs 29.4 crore in Q3FY22 against Rs 15.6 crore in Q3FY21, revenue surged to Rs 293.1 crore from Rs 223 crore YoY.

Indian Bank

The bank has reported a rise of 34.12% in its net profit at Rs 689.73 crore while on the consolidated basis, the bank has reported a rise of 33.79% in its net profit at Rs 704.18 crore for the quarter under review.

Jindal Stainless

The company clocked sharply higher profit at Rs 371.8 crore in Q3FY22 against Rs 151.6 crore in Q3FY21, revenue rose to Rs 5,368.4 crore from Rs 3,451.9 crore YoY. The company has received approval to raise funds, along with any other co-issuer, by way of issue of debt securities including secured or unsecured non-convertible redeemable debentures or bonds or commercial paper or notes (listed/unlisted) or any combination thereof, through a private placement basis or otherwise, in one or more tranches or any other method in the domestic/international market as may be permitted under the applicable law(s) up to an aggregate principal amount of Rs 3,500 crore or it’s equivalent in any freely convertible foreign currency.