Infosys
The company has launched Infosys metaverse foundry to ease and FastTrack enterprises’ exploration of the metaverse, including virtual and augmented environments, for their customers, workplace, products and operations.
Vesuvius India
Net profit for the December 2021 quarter declined 19% year-on-year to Rs 13.14 crore impacted by higher raw material cost and employee expenses, but revenue increased 10.4% to Rs 259 crore compared to the year-ago period. The firm has declared a dividend at Rs 8 per share for the financial year ended December 31, 2021.
Wipro
The company is planning to hire more than 500 new professionals in Brazil over the next fiscal year (FY23) to support its growth in delivering cloud solutions to clients.
Gillette India
Life Insurance Corporation of India bought 2,000 equity shares in the company via open market transactions on February 23. With this, LIC’s stake in the company stands at 5% now, up from 4.99% earlier.
Jindal Stainless
The company has raised Rs 375 crore through the allotment of 3,750 Listed, Rated, Unsecured, Redeemable, Non-Convertible Debentures (NCDs) having a nominal value of Rs 10,00,000 each, to the investors.
Linde India
The industrial gases company clocked 19.4% year-on-year growth in consolidated profit at Rs 67.8 crore for the quarter ended December 2021. Revenue during the same period grew by 35.5% to Rs 644.1 crore YoY. The firm said the board has declared a total dividend of Rs 13.50 per share for the year ended December 2021.
Mindtree
The company has been recognized as the 2022 ServiceNow Americas Emerging Service Provider Partner of the Year for achieving overall excellence in delivery and ServiceNow pipeline growth.
KSB
Profit grew at a healthy pace, rising 23.1% year-on-year to Rs 39.4 crore for the quarter ended December 2021 and revenue grew by 20.2% to Rs 444.6 crore during the same period. The dividend for the year ended December 2021 has been declared at Rs 12.50 per share by the pump manufacturer.
Sterlite Technologies (STL)
The company is all set to demonstrate its vision for a new era of 5G-powered networks at Mobile World Congress 2022 in Barcelona next week.
Hazoor Multi Projects
The company has bagged a contract from Gayatri Projects for the completion of balance work of Chainage in Ahmednagar, Maharashtra.
Barbeque Nation Hospitality
Motilal Oswal Mutual Fund acquired 5.42 lakh equity shares in the company via open market transactions at an average price of Rs 1,150 per share, however, Xponentia Opportunities Fund-I sold 10,43,480 shares at Rs 1,150.57 per share, as per the bulk deals data.
Cupid
The firm has received a purchase order from the United National Population Fund (UNFPA) for the supply of Male condoms worth Rs 4.25 crore and water-based lubricant worth Rs 1.01 crore.
Indus Towers
Euro Pacific Securities sold 6,35,52,590 equity shares in the company via open market transactions at an average price of Rs 226.84 per share on the NSE, as per the bulk deals data.
Arihant Capital Markets
The board members on March 3, will consider an interim dividend for the financial year 2021-22 and sub-division of the face value of equity shares of the company from Rs 5 per share to Re 1 per share.
Minda Industries
The firm has acquired an additional stake in two companies namely YA Auto Industries, and Auto Components, and bought fresh shares in Samaira Engineering, and SM Auto Industries.
