Axis Bank, Wipro, Indian Oil and other hot stocks to watch out for on April 1

Apr 1, 2021

By: Rounak Jain

Credit: BCCL

Axis Bank

The bank has entered into an agreement to sell its 100 percent stake in Axis Bank UK to OpenPayd Holdings for a consideration of $5.5 million.

Credit: BCCL

Wipro

The IT services giant has acquired Australia’s Ampion for $117 million, with the transaction expected to close during the June 2021 quarter.

Credit: Wipro

Indian Oil

The government-owned company has cut domestic LPG prices by ₹10, bringing it down to ₹807 in Delhi.

Credit: BCCL

Rossari Biotech

It has operationalised its Greenfield manufacturing facility in Gujarat, with a total installed capacity of 1,32,500 metric tonnes per annum.

Credit: Rossari Biotech

Hindustan Aeronautics

The government-owned aerospace company has recorded a 6 percent increase in revenues, totalling to over ₹22,700 crore for the year ended March 2021.

Credit: Hindustan Aeronautics

HCL

It has entered into a multi-year agreement with the US-based Tenneco for application development and other IT services.

Credit: BCCL

Adani Enterprises

The company has incorporated two subsidiaries to develop a data centre and business park, and to carry out development of a road project in Telangana.

Credit: Adani Enterprises

Hindalco Industries

Its subsidiary Novelis has raised $586 million by issuing euro-denominated green notes which are due in 2029.

Credit: Hindalco Industries

Heranba Industries

The company will add additional capacity at its Unit 4 in Vapi, Gujarat, and has started incurring capital expenditure towards it.

Credit: Heranba Industries

Britannia Industries

It has appointed former RBI governor Urjit Patel as a non-executive independent director.

Credit: Britannia Industries

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