Key Large-Cap Stocks in Focus: Tata Motors, Dr Reddy’s, HAL, Vedanta & More

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Key Large-Cap Stocks in Focus: Tata Motors, Dr Reddy’s, HAL, Vedanta & More
Credit: © Reuters.

By Malvika Gurung

Investing.com -- Tata Consultancy Services (NS: TCS ): The IT heavyweight has inked a multi-year, multi-million dollar deal with Marks & Spencer, as it has been working with it for over 10 years.

Maruti Suzuki (NS: MRTI ): The automaker’s net profit rallied 129.76% YoY to Rs 1,012.8 crore and revenue surged 50.5% YoY to Rs 25,286.3 crore in Q1 FY23, with improved Ebit margins and a relatively better sales volume in the period.

Tata Motors (NS: TAMO ): The domestic automaker’s consolidated net loss widened to Rs 5,006.6 crore in the June quarter, led by chip shortage and Covid-19 restrictions in China impacting sales of Jaguar Land Rover, while revenue climbed 8.7% YoY to Rs 71,227.7 crore 

Bajaj Finance (NS: BJFN ): The leading NBFC reported its highest-ever quarterly net profit at Rs 2,596 crore in the June quarter, led by robust income on rapid loan growth, while its total income surged 38% YoY to Rs 9,283 crore.

Hindustan Aeronautics (NS: HIAE ): The defence aerospace company has signed a contract worth $100 million with the US-based Honeywell (NASDAQ: HON ) Defense & Space for manufacturing and supplying 88 TPE331-12B turboprop engines, among other things. 

Biocon (NS: BION ): The pharmaceutical company’s net profit jumped 71% YoY to Rs 144 crore in Q1 FY23, led by robust growth across business segments.

Stocks including Dr. Reddy’s Laboratories (NS: REDY ), Vedanta (NS: VDAN ), TVS Motor Company (NS: TVSM ), Nestle (NS: NEST ) India, SBI Life Insurance Company (NS: SBIL ), PNB (NS: PNBK ) and SBI Cards and Payment Services (NS: SBIC ), among others, will release their Q1 earnings results on Thursday.

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  • Prgp Ind @Prgp Ind
    Where is Vedanta?!
    Like 0
    • Rajiv Sinha @Rajiv Sinha
      @Prgp Ind India mainly into copper
      Like 0
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