Stocks in Focus on January 11: Infosys, TCS to Welspun Enterprises; here are the 5 newsmakers of the day
PVR and INOX Leisure: Stocks of these multiplex chains will be in focus as five films will release today, namely Uri – The Surgical Strike, The Accidental Prime Minister, Petta, Viswasam and N.T.R. Kathanayakudu.
Certain stocks came in the news after the market was closed for trading purposes on January 10, 2019, and can have an impact on the market when it reopens for trade on January 11, 2019. Here is the list of five such stocks:
Infosys: The company will be reporting its results for the quarter ended December. Other companies that will announce its result are Karnataka Bank, Reliance Industrial Infrastructure and TRF.
TCS: The company has posted its Q3FY19 results and reported 2.6 per cent rise in profit (at Rs8105 crore vs Rs7,901 crore) and 1.3 per cent rise in revenue (to Rs37,338 crore vs Rs36,854 crore).
PVR and INOX Leisure: Stocks of these multiplex chains will be in focus as five films will release today, namely Uri – The Surgical Strike, The Accidental Prime Minister, Petta, Viswasam and N.T.R. Kathanayakudu.
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Welspun Enterprises: The company’s subsidiary, Welspun Road Infra Private Limited ('WRIPL') has executed a concession agreement of Rs1,460 crore with Public Works Department, Maharashtra, for upgradation of roads, two laning of roads on Hybrid Annuity Mode (HAM) under Public Works Circle, Amravati in Maharashtra.
Rice/Tea stocks: Commerce & Industry Minister Suresh Prabhu has said that the central government is considering providing a transport subsidy to states to promote agriculture exports. It is under active consideration to promote agriculture exports.
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