Market Commentary - Stock Alert
Berger Paints, Astral, Wipro, HCL Tech to be watched As on : 16-May-23  08:42

Berger Paints India: The company's consolidated net profit fell 15.6% to Rs 186.01 crore in Q4 FY23 as against Rs 220.29 crore reported in Q4 FY22. Total income from operations rose 7.6% year on year to Rs 2443.63 crore in the quarter ended 31 March 2023.

Astral: The company's consolidated net profit rose 38.1% to Rs 199 crore in Q4 FY23 as against Rs 144.1 crore reported in Q4 FY22. Revenue from operations rose 8.3% year on year to Rs 1506.2 crore in the quarter ended 31 March 2023.

Wipro: Wipro announced that its FullStride Cloud Studio has partnered with Google Cloud's Rapid Migration Program (RaMP) to help clients accelerate their journey to the cloud and pursue a migration strategy anchored in business outcomes.

HCL Technologies: HCL Tech announced the expansion of its long-standing partnership with SAP to drive digital transformation for enterprises. As part of the expanded collaboration, HCL Tech has become a customer of and a global strategic service partner for SAP SuccessFactors Human Experience Management Suite.

UltraTech Cement: UltraTech Nathdwara Cement (UNCL), a wholly owned subsidiary of UltraTech Cement, has commissioned a 0.8 million tonnes per annum (MTPA) brownfield cement factory at Neem Ka Thana in Rajasthan.

Uttam Sugar Mills: The company's net profit rose to Rs 70 crore in Q4 FY23 as against Rs 61.06 crore reported in Q4 FY22. Revenue from operations rose to Rs 530.12 crore in the quarter ended 31 March 2023 from Rs 498.09 crore in the quarter ended 31 March 2023.

Sona BLW Precision Forgings (Sona Comstar): The company has signed a technology licensing agreement with Equipmake, a UK-based technology company that has developed high-performance electric powertrains.

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