Stocks Under Focus on Apr 8: Infosys, Jindal Stainless, Lupin & More

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Stocks Under Focus on Apr 8: Infosys, Jindal Stainless, Lupin & More
Credit: © Reuters.

By Malvika Gurung

Investing.com -- Infosys (NS: INFY ): The IT giant and luxury automaker Rolls-Royce (LON: RR ) launched a joint aerospace engineering research centre in Bengaluru on Thursday, for providing high-end R&D services and high-end digital capabilities to Rolls-Royce’s engineering and group business services.

Lupin (NS: LUPN ): The drugmaker has launched Merzee capsules in the US market under an exclusive license, along with a distribution and marketing agreement with Slayback Pharma. Merzee is a medication to prevent pregnancy.

Jindal Stainless (NS: JIST ): The stainless steel producer’s sales figure in FY22 surged 23% YoY to 10.11 lakh tonnes and was up 6% YoY at 2.69 lakh tonnes in the March ending quarter.

Sobha Developers (NS: SOBH ): The realty company’s total sales volume in Q4 FY22 stood at 1.34 million square feet of super built-up area, compared to 1.33 million square feet of super built-up area in the year-ago period.

Sterling and Wilson Renewable Energy (NS: STEN ): The leading renewable EPC company’s loss in the March ending quarter fell 63.2% YoY to Rs 126.61 crore, however, the revenue plunged 22% YoY to Rs 1,071 crore in the period.

Sonata Software (NS: SOFT ): The IT company’s board has appointed Samir Dhir as its CEO, starting Apr 8, 2022, as Srikar Reddy voluntarily stepped down from his position and will now work as the MD of the company.

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