Stocks in News: These stocks including Suzlon, Federal Bank, HUL, SAIL, RailTel will remain in focus, action will be seen today

Stocks in Focus Today : Today i.e. on 23 July 2024, some stocks (stocks in news) are ready to show action. Due to positive triggers, these stocks can remain in focus in the market today (stocks to watch). If you are looking for better stocks in intraday, then you can keep an eye on these (Stocks in Focus). Today’s list includes stocks like Suzlon Energy, Federal Bank, HUL, SAIL, Bajaj Finance, RailTel Corporation, Cyient DLM, Jana SFB, IOB, UCO Bank, Oil India, Zensar Technologies, Torrent Pharma, United Spirits, AGS Transact, DCM Shriram, Heritage Foods, ICICI Prudential, ICRA, M&M Financial Services, Parag Milk Foods, SRF, Thyrocare.

HUL, Bajaj Finance results today

Today on 23 July 2024, the results of Hindustan Unilever and Bajaj Finance will be announced for the June quarter. Apart from these, results of Torrent Pharma, United Spirits, DCM Shriram, Heritage Foods, ICICI Pru, ICRA, M&M Financial Services, Parag Milk Foods, SRF and Thyrocare Technologies will also be announced.

Suzlon Energy

The profit of renewable energy company Suzlon almost tripled to Rs 302 crore in the June quarter of the current financial year. Its profit was Rs 101 crore in the same quarter of the last financial year. The company’s income also increased to Rs 2,016 crore in the June quarter, which was Rs 1,348 crore in the same quarter of the last financial year.

Federal Bank

The Reserve Bank of India has approved the appointment of Krishnan Venkat Subramaniam as the Managing Director and Chief Executive Officer of Federal Bank for three years from September 23, 2024. Krishnan Venkat Subramaniam was the Joint Managing Director of Kotak Mahindra Bank till April 2024.

SAIL

The board of directors of the company will meet on July 25 to consider issuing non-convertible debentures (NCDs) or debentures through private placement.

RailTel Corporation

RailTel Corporation has received a work order of Rs 186.81 crore from the Ministry of Railways for design, development, execution, operation and maintenance of an integrated empanelled hospital referral portal for HMIS and Indian Railways.

Cyient DLM

Cyient DLM’s profit in the June quarter increased by 97.7 percent to Rs 10.6 crore from Rs 5.4 crore in the same quarter a year ago. Revenue grew 18.8 percent year-on-year to Rs 257.9 crore from Rs 217.1 crore in the same quarter a year ago. Other income also increased to Rs 8.89 crore from Rs 0.9 crore.

UCO Bank

Public sector UCO Bank’s profit in the April-June quarter increased by 147 percent year-on-year to Rs 551 crore. The bank’s profit in the same quarter last year was Rs 223 crore. Total business increased by 11.46 percent year-on-year to Rs 4,61,408 crore, while gross advances increased by 17.64 percent to Rs 1,93,253 crore.