HCL Tech, SBI, ICICI Bank, Indigo among stocks to watch out for on July 13

Jul 13, 2022

By: bhakti.makwana@timesinternet.in

Credit: BCCL

HCL Technologies

The IT firm reported 2.4 percent on year growth in net profit to ₹3,283 crore in June quarter, which fell 8.6 percent sequentially. Meanwhile, revenue stood at ₹23,646 crore, up 16.9 percent on year and 3.8 percent sequentially. It maintained FY23 revenue guidance at 12-14 percent growth.

Credit: BCCL

SBI, ICICI Bank

Both lenders have hiked interest rates on foreign currency non-resident (FCNR) bank deposits.

Credit: BCCL

Axis Bank

The Reserve Bank of India has approved the reappointment of Rakesh Makhija as the non-executive chairman till October 2023.

Credit: BCCL

IndiGo

The airline has started disciplinary proceedings against the aircraft maintenance technicians who went on mass sick leave during the last five days to protest against low salaries.

Credit: BCCL

Sterling Wilson

The company’s net loss widened to ₹353.9 crore against loss of ₹76 core a year ago.

Credit: BCCL

Delta Corp

The casino company reported net profit of ₹57.13 crore in the April-June quarter against a loss of ₹28.93 crore last year.

Credit: BCCL

Anand Rathi Wealth

The financial services company reported a 33.6 percent jump in profit at ₹39.7 crore for June quarter as against ₹29.7 crore last year.

Credit: BCCL

Karur Vysya Bank

The private sector lender has approved the appointment of former RBI executive Meena Hemchandra as part-time chairman of the bank for three years.

Credit: BCCL

CARE Ratings

The ratings firm will consider share buyback on July 20.

Credit: BCCL

Earnings today

Mindtree, Tata Metaliks, Gujarat Hotels, International Travel House, Premier Polyfilm, Ramasigns Industries, and Jupiter Industries & Leasing will release quarterly earnings.

Credit: BCCL

SpiceJet, Bank of Baroda, HCL Tech among stocks to watch out for on July 12