Market Commentary - Stock Alert
LTIMindtree, Avenue Supermarts, NHPC, Persistent Systems in focus As on : 18-Jan-24  08:57

LTIMindtree: The company's consolidated net profit rose marginally to Rs 1,169.3 crore in Q3 FY24 as against Rs 1,162.3 crore recorded in Q2 FY24. Revenue from operations increased by 1.2% quarter on quarter (QoQ) to Rs 9,016.6 crore in Q3 FY24.

Avenue Supermarts: The company has opened two new stores today at Velan Mall, Tirupur (Tamilnadu) and Sehore (Madhya Pradesh). The total number of stores as on date stands at 344.

NHPC: The Government of India will sell 3.5% stake in the company through an offer-for-sale (OFS), with a floor price of Rs 66 per share. The OFS will open for non-retail investors on January 18 and for retail investors on January 19.

Persistent Systems: The board of directors of the company may consider a proposal of alteration in the share capital of the company on 20 January 2024 by sub-division/split of the existing equity shares having face value of Rs 10 each.

RailTel Corporation of India: The company has received the work order from South Central Railway for Works amounting to Rs. 82.41 crore (Including Tax).

Uniparts India: Uniparts India on Wednesday announced that its wholly owned subsidiary, Uniparts Olsen Inc. has received an order of $1.2 million from Doosan Bobcat North America Inc.

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