Tata Steel, Tata Elxsi, HCL Tech, Nestle India and other hot stocks on April 21

Apr 21, 2022

By: Rounak Jain

Credit: BCCL

Tata Steel

Announced that it will stop doing business with Russia. The company said it does not have any operations or employees in Russia. It joins Infosys in ending business ties with Russia.

Credit: Tata Steel

Tata Elxsi

Reported a 6 percent increase in net profit to ₹160 crore while revenue jumped over 7 percent to ₹682 crore, quarter-on-quarter. It also announced a dividend of ₹42.5 per share.

Credit: Tata Elxsi

HCL Tech

The IT major will announce its March quarter results today.

Credit: HCL Tech

Nestle India

The FMCG giant will announce its March quarter results today.

Credit: Nestle India

Earnings today

L&T Technology, Tata Communications, Crisil, Cyient, Rallis India, ICICI Lombard General Insurance, Shiva Cement, among others.

Credit: Pixabay

Oil India

Commissioned a green hydrogen pilot plant in Jorhat, Assam, projected to pump up to 10 kilograms of clean fuel every day.

Credit: Oil India

Larsen & Toubro

Has signed a memorandum of understanding with the Indian Navy to become its knowledge partner for building out various technologies in fields like electrical, weapon, engineering and others.

Credit: Larsen & Toubro

Dr. Reddy's Laboratories

Has launched Posaconazole Delayed-Release tablets in the US.

Credit: Dr. Reddy's

Nykaa

Has teamed up with Aveda, a leader in prestige hair care, to launch Aveda X Nykaa to cater to the $17 billion worth personal care industry in India.

Credit: Nykaa

ICICI Securities

Its March 2022 quarter profit surged by a meagre 3 percent to ₹340 crore, while revenue jumped 21 percent to ₹892 crore, year-on-year.

Credit: ICICI Securities

Bharti Airtel, Vodafone Idea, RIL among stocks to watch out on April 20