RIL, Wipro, HDFC and other stocks to watch out for on April 5

Apr 5, 2021

By: Rounak Jain

Credit: BCCL

Reliance Industries

The company’s shareholders have approved the hiving off the oil-to-chemical business as a separate unit.

Credit: BCCL

Wipro

It has completed the takeover of METRONOM GmbH and Metro Systems Romania for a consideration of $61 million.

Credit: Wipro

HDFC

It will create a new subsidiary HDFC Capital Advisors which will purchase inventory and offer funding for residential housing projects.

Credit: HDFC

Britannia Industries

It has declared an interim dividend of ₹62 per share, with the record date being April 10, 2021.

Credit: Britannia Industries

Bajaj Auto

It has recorded a 52 percent increase in overall sales in March 2021, year-on-year, selling a total of 3,69,448 units in the month.

Credit: Bajaj Auto

TVS Motor

Its sales jumped by 123 percent in March 2021, year-on-year, selling a total of 3,22,683 units in the month.

Credit: BCCL

Hero MotoCorp

Its sales jumped by 72 percent in March 2021, year-on-year, selling a total of 5,76,957 units in the month.

Credit: Hero MotoCorp

Adani Enterprises

It has bagged a letter of award from the NHAI for development of six-lane Badakumari-Karki section of NH-130-CD Road, at a project cost of ₹1,169 crore.

Credit: Adani Enterprises

Jaiprakash Power Ventures

It has prepaid its debt of ₹300 crore and has received BBB- rating with stable outlook from CRISIL with respect to its bank facilities.

Credit: Unsplash

Dixon Technologies

It has incorporated two new subsidiaries Dixon Electro Manufacturing and Dixon Technologies Solutions for business purposes.

Credit: Dixon Technologies

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