Worldview Knowledge

GIFT Nifty on the NSE IX traded 6 points, or 0.03 per cent, higher at 21,700, signaling that Dalal Street was headed for muted start on Friday. Here’s a slew of stocks that will be in focus today for various reasons.

Infosys
The Bengaluru-based software exporter’s net profit fell 7% to Rs 6,106 crore in the quarter ended December. Revenue for the third quarter rose by a marginal 1% to Rs 38,821 crore.

TCS
TCS reported a 2% year-on-year growth in consolidated net profit for the quarter to Rs 11,058 crore, and revenue increased 4% to Rs 60,583 crore.

HCL Tech, Wipro, HDFC Life

Shares of HCL Tech, Wipro and HDFC Life will be in focus as the companies will announce their third quarter results.

5paisa Capital
Stock broking company 5paisa Capital’s consolidated net profit rose 37% year-on-year to Rs 15.1 crore for the quarter ended December. Consolidated income during the reporting quarter jumped 20% year-on-year.

Nykaa
Lexdale International is likely to sell 2.62 crore shares of Nykaa through a block deal, according to reports.

HG Infra Engineering
HG Infra Engineering has been declared as L-l bidder by Central Railway for construction of New BG Line between Dhule (Borvihir) to Nardana.

LIC
LIC has received demand orders from Assistant Commissioner of Income Tax, Mumbai. The company said it will file an appeal before the Commissioner (Appeals), Mumbai against the said order.