Stocks in news: HCL Tech, Tata Tech, DMart, Siemens, Ola Electric

Indian markets faced pressure on Friday, experiencing losses due to weak cues. HCL Tech, Tata Tech, and Ola Electric will reveal their first quarter results. DMart's net profit saw a slight increase. Reliance Industries is set to announce its June...

Agencies

Siemens secured two separate orders worth Rs 773 crore from Maha Metro.

Markets traded under pressure on Friday and lost over half a percent, dragged down by weak cues. In today's trade, shares of HCL Tech, Tata Tech, DMart, Siemens, Ola Electric among others will be in focus due to various news developments and first quarter results.

Shares of HCL Tech, Tata Tech and Ola will be in focus as the companies will announce their first quarter results.

DMart
DMart reported a standalone net profit of Rs 830 crore in the first quarter. This was up just 2% from Rs 812 crore posted in the previous year quarter.


RIL
Mukesh Ambani-owned Reliance Industries (RIL) will announce its June quarter earning on Friday, July 18.

Titagarh Rail
Titagarh Rail Systems has acquired around 40 acres of land on lease for Rs 126 crore from the West Bengal government, a move that will help the company ramp up production of Vande Bharat coaches and metro cars at its Uttarpara facility in Hooghly district.

DLF
DLF Chairman Rajiv Singh received remuneration of Rs 36.65 crore after a hike of 34% in the last fiscal year, following better performance of the company, according to its latest annual report.
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Azko Nobel
JSW Paints launches Rs 3,929 crore open offer to acquire up to 25.2% stake in Akzo Nobel at Rs 3,417.77 per share

HUL
HUL said Ritesh Tiwari continues to be the Executive Director, Finance, IT & Chief Financial Officer of the company

IIFL Home Finance
Housing finance player IIFL Home Finance announced on Saturday that it has secured $100 million from the Beijing-based Asian Infrastructure Investment Bank (AIIB).

Siemens
Siemens secured two separate orders worth Rs 773 crore from Maha Metro.
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