Infosys to Tata Tech: Stocks to watch out on July 18
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L&T Finance
L&T Finance reported a 29.1 percent increase in net profit to Rs 685.5 crore in the first quarter, driven by a 17.4 percent increase in revenue to Rs 3,784.4 crore.
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Zee Entertainment Enterprises'
Zee Entertainment Enterprises' board has approved raising cash by selling 5% foreign currency convertible bonds worth $239 million (roughly Rs 1,997.22 crore) to chosen investors.
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SpiceJet
Ashish Kumar has resigned as SpiceJet's Head of Finance and CFO. Joyakesh Podder has been named as head of finance and deputy CFO, beginning July 15.
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TVS Motor
TVS Motor Company is investing 200 million pounds in Norton Motorcycles for international expansion, with an initial focus on the United States, Germany, France, Italy, and India.
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Aditya Birla Money
Aditya Birla Money reported a strong 73.4 percent increase in Q1 net profit to Rs 16.4 crore, with net interest income growing 47.8 percent to Rs 88.5 crore.
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Vodafone Idea
Vodafone Idea lost 9.24 lakh users in May but still has an 18.66 percent market share of wireless subscribers as of May 2024.