Stocks in news: Mindtree, Wipro, YES Bank, Tata Elxsi to declare results today
Mindtree, Wipro, YES Bank, Tata Elxsi, Dhanlaxmi Bank, Aditya Birla Money, Duncan Engineering, Menon Bearings and DFM Foods quarterly results are expected to be announced today.
Quarterly results of companies give investors confidence to take buying decision in a stock. There are some companies which will announce their quarterly results today. Mindtree, Wipro, YES Bank, Tata Elxsi, Dhanlaxmi Bank, Aditya Birla Money, Duncan Engineering, Menon Bearings and DFM Foods quarterly results are expected to be announced today. Therefore, the investors should keep a tab on these shares.
Mindtree: The company will release its June quarter results today. Larsen and Toubro (L&T) recently acquired the company and took over management control. According to PTI report, Mindtree shareholders, including new promoter L&T, Tuesday approved the proposal for a special dividend of Rs 20 per share for FY 2019.
Wipro: India's leading information technology company will today release its March quarter results. Street expect moderate revenue growth. Share of the company is trading at Rs 259.85.
YES Bank: The bank will release its June quarter result today. Brokerages expect YES Bank Q1 profit to be lower on muted loan growth and weak asset quality. Focus will be on YES Bank’s NPA and NIM.
Tata Elxsi: The Tata Group company will announce the quarterly result today. The company's share is trading at Rs 796.7, down 2.24 percent.
Dhanlaxmi Bank: The bank will release its quarterly results today. The share of the bank is trading slightly lower at 18.40 on the BSE.
Aditya Birla Money: The company will release its quarterly result today. The share is trading 1.56 percent higher at 45.65.
The investors should keep a tab on these shares as their quarterly results will affect share price movement.