Stocks in news: SBI, Asian Paints, BPCL, L&T, Bajaj Consumer, WPIL

Equity indices remained unstable on Wednesday as Investors remained on the side-lines due to uncertainty around the election outcome as well as high volatility. In today's trade, shares of SBI, Asian Paints, BPCL, L&T, Bajaj Consumer, WPIL among others will be focused due various news developments and quarterly results.

SBI, Asian Paints, BPCL, Indian Overseas Bank
Shares of SBI, Asian Paints, BPCL, Indian Overseas Bank will be in focus as the companies will announce their March quarter results today.


BSE
Leading exchange BSE on Wednesday recommended payment of final dividend of Rs 15 per equity share of face value of Rs 2 each.

L&T
Infrastructure major Larsen and Toubro (L&T) on Wednesday posted 10% growth in its consolidated net profit at Rs 4,396 crore.

Read more: Here's the trade setup for today's session


TVS Motor
TVS Motor recorded its highest ever revenue and profit in FY2023-24 and the company achieved a milestone of over 40 lakh units in sales.

Bajaj Consumer
Bajaj Consumer's Board approved a buyback proposal of fully paid up equity shares up to 57.41 lakh equity shares at a price of Rs 290 per share.

HG Infra
HG Infra posted a net profit of Rs 190 crore for the fourth quarter. Revenue from operations came in at Rs 1,708 crore.

WPIL
The Board of WPIL will meet on May 25 to consider sub-division or split of equity shares of the company.

Bank of Baroda
The Reserve Bank lifted restrictions on Bank’s Bob World with immediate effect. The Bank can now onboard customers through the application.

Wipro
Wipro joined hands with Kognitos Inc to deploy Gen AI-based business automation solutions.

Sula Vineyards
Sula Vineyards reported net profit of Rs 13.6 crore in the March quarter. Revenue from operations was at Rs 132 crore.