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    Stocks in the news: YES Bank, SBI, Future Consumer, Coal India and Crompton Greaves Consumer

    Synopsis

    State Bank of India said its board of directors has approved to divest over 8.5 per cent in UTI Trustee Company.

    Market 7iStock
    Infosys launched Infosys applied AI to help enterprises adopt a comprehensive approach and roadmap to scaling enterprise-grade artificial intelligence (AI) for their businesses.

    Nifty futures on the Singapore Exchange traded 18.8 points, or 0.15 per cent higher at 12,673.50, in signs that Dalal Street was headed for a positive start on Wednesday. Here are a few stocks which may buzz the most in today's trade:

    Earnings today: Aban Offshore, Affordable Robotic, Ashoka Buildcon, Bal Pharma, Bharat Forge, Brigade Enterprises, CAMS, Coal India, Dhani Services, GEPIL, Godrej Industries, Gujarat State Petronet, Hawkins Cookers, Indiabulls Housing Finance, Indraprastha Gas, ITI, Khadim, Metropolis Healthcare, Midhani, MMTC, MTNL, NBCC, NHPC and Reliance Infra, among others, are slated to announce their financial results on Wednesday.

    Apollo Pipes: SageOne Investment Advisors LLP bought additional 67,729 shares of Apollo Pipes at Rs 602 per share on Tuesday. Earlier, it had bought 69,714 shares of the company at a price of Rs 597.10 on Monday.

    Crompton Greaves Consumer Electricals: HDFC Standard Life Insurance Company bought 45 lakh shares of Crompton Greaves Consumer Electricals at a price of Rs 296.50. SBI Mutual Fund and Societe Generale also purchased 1.01 crore and 37.67 lakh shares of the company a price of Rs 296.49 and Rs 296.50, respectively.

    Infosys: IT services major Infosys launched Infosys applied AI to help enterprises adopt a comprehensive approach and roadmap to scaling enterprise-grade artificial intelligence (AI) for their businesses.

    SBI: State Bank of India said its board of directors has approved to divest over 8.5 per cent in UTI Trustee Company.

    Inox Wind: The company said a committee of its board has approved allotment of non-convertible debentures worth Rs 199 crore to identified investors.

    NMDC: The company posted over 10 per cent rise in consolidated net profit at Rs 772.53 crore for September quarter 2020-21, on account of reduced expenses.

    Future Consumer: The company reported widening of consolidated loss to Rs 146.83 crore for the quarter ended September, on account of steep fall in total income. It had posted a loss of Rs 16.75 crore in July-September period last year.

    YES Bank: The bank said CARE has upgraded ratings on its various debt instruments following improvement in bank's credit profile after the reconstruction plan.

    TD Power Systems: The company reported over three-fold jump in its consolidated net profit to Rs 18.61 crore in the September quarter, mainly driven by higher revenues.

    Wipro: Bengaluru-headquartered IT major Wipro announced it has won a five-year contract for software engineering services fromThoughtSpot.

    Hero MotoCorp: The country's largest two-wheeler maker Hero MotoCorp said it has launched the Xtreme 200S with BS-VI compliant engine priced at Rs 1.15 lakh (ex-showroom Delhi).



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    Top Trending Stocks: SBI Share Price, Axis Bank Share Price, HDFC Bank Share Price, Infosys Share Price, Wipro Share Price, NTPC Share Price

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    (What's moving Sensex and Nifty Track latest market news, stock tips, Budget 2024 and expert advice, on ETMarkets. Also, ETMarkets.com is now on Telegram. For fastest news alerts on financial markets, investment strategies and stocks alerts, subscribe to our Telegram feeds .)

    Subscribe to The Economic Times Prime and read the Economic Times ePaper Online.and Sensex Today.

    Top Trending Stocks: SBI Share Price, Axis Bank Share Price, HDFC Bank Share Price, Infosys Share Price, Wipro Share Price, NTPC Share Price

    ...more
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