Tata to Vedanta: Stocks to watch on October 11, 2024
business Oct 11 2024
Author: Rishika Khanna Image Credits:Freepik
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Tata Consultancy Services
TCS recorded a net profit of Rs 11,909 crore for the second quarter of FY25, up 5% year on year but down 1.08% sequentially.
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Ola Electric
Ola Electric is under investigation by the Ministry of Heavy Industries following consumer complaints regarding delayed deliveries and defective products.
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Mazagon Dock
Mazagon Dock Shipbuilders said that it has received a purchase order from Maharashtra State Power Generation to produce, implement, and commission an AI-based project.
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IREDA
IREDA reported a net profit of Rs 388 crore, up 36% from Rs 285 crore in the previous year. Revenue from operations in Q2FY25 was Rs 1,629 crore.
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Vedanta
Vedanta has linked its metal quality analysis system to the London Metal Exchange, making it the first Indian smelter to do so.
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NBCC
The company's subsidiary has been awarded a Rs 1,000 crore contract to expand Gondwana University's campus in Maharashtra.
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Zydus Lifesciences
The business has gained US FDA approval to manufacture a generic version of Paliperidone extended-release tablets for the treatment of schizophrenia.
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JSW Steel
JSW Steel has teamed with BHP and Carbon Clean to accelerate carbon capture technology in steel production.