​Reliance Industries, Titan, Ujjivan SFB, HCL Tech and other hot stocks on January 7​

Jan 7, 2022

By: Rounak Jain

Credit: BCCL

Reliance Industries

Announced a fundraise of $4 billion (approx. ₹30,000 crore) via US Dollar denominated bonds, the largest ever in India’s corporate history.

Credit: BCCL

Contd...

Reliance Industries also acquired a 25.8 percent stake in Dunzo, a quick delivery service company, for $200 million.

Credit: Reliance Industries

Titan

Festive cheer helped the company post a strong growth of 37 percent in its jewellery business in the December quarter, while watches and wearables grew 28 percent, and other businesses by 44 percent.

Credit: Titan

Ujjivan SFB

Total deposits jumped 34 percent to ₹15,600 crore while loans grew 22 percent to ₹16,600 crore, year-on-year.

Credit: Ujjivan SFB

HCL Tech

Acquired a 51 percent stake in German IT consulting company, Gesellschaft für Banksysteme.

Credit: HCL Tech

Dish TV

Yes Bank has filed a suit to force Dish TV to declare the results of the recently concluded annual general meeting.

Credit: Dish TV

Gujarat Pipavav Port

Reported a 21 percent fall in container volume in the December quarter, year-on-year.

Credit: Unsplash

Hinduja Global

Declared a dividend of ₹150 per share and one bonus share for each share held.

Credit: Hinduja Global

Godrej Consumer

Inflation resulted in low volume growth, likely in high single-digit, while margins are expected to be lower year-on-year due to ‘unprecedented cost inflation’.

Credit: Godrej Consumer

Future Retail, Jet Airways, Adani Enterprises and other hot stocks on January 6