Adani Ports, Bharti Airtel and Cipla among stocks to watch out on July 15

Jul 15, 2022

By: bhakti.makwana@timesinternet.in

Credit: BCCL

Adani Ports and Special Economic Zone

The company has won the tender for privatization of a port in Israel in partnership with chemicals and logistics group Gadot.

Credit: BCCL

Bharti Airtel

The telecom major has announced the completion of a $1-billion investment deal with Google International LLC.

Credit: Wikipedia

L&T Infotech

The IT services arm of engineering giant L&T, reported a flat net profit in the first quarter of FY23 after salary hikes, travel costs and supply side issues bogged its margins down.

Credit: Wikipedia

Cipla

The company’s subsidiary Cipla Health has signed an agreement to acquire nutritional supplement Endura Mass that will help foray into the 'nutritional wellness' segment.

Credit: Wikipedia

Dabur India

FMCG company’s consolidated revenue crossed ₹10,000 crore mark for the first time. Its brands — Dabur Honey and Dabur Chyawanprash – have over ₹500 crore in sales.

Credit: Wikipedia

ACC

The cement manufacturer reported a 60 percent on year decline in net profit at ₹227 crore while revenue grew 15 percent to ₹4,468 crore. The company follows the January-December financial year.

Credit: BCCL

Tata Steel Long Products

The company has posted a net loss of ₹331.09 crore in the June quarter, mainly on account of higher expenses.

Credit: BCCL

Tata Elxsi

The company has reported strong profit growth of 63 percent year-on-year to ₹184 crore while revenue jumped 30 percent to ₹725 crore.

Credit: BCCL

Earnings today

L&T Technology Services, Jindal Steel & Power, Just Dial, Den Networks, Federal Bank, Kesoram Industries, Oberoi Realty among companies to report results.

Credit: BCCL

Mindtree, L&T Infotech, Infosys, IndusInd Bank and other hot stocks on July 14