Stocks in News: Stocks in News: Wipro, Infosys, Axis Bank, Nestle, Bajaj Auto, RIL

Markets continued their downward trend, losing almost half a percentage point as part of the ongoing correction. In today’s trading, shares of wipro, infosys, axle bench, Be protected, Bajaj Cars, RIL among others, they will be in the center of attention due to various news and results of the second quarter.

wipro, infosys, axle bench, Be protected, LTIMindtree
Actions of wiproInfosys, Axis Bank, Nestle and LTIMindtree will be in the spotlight as the companies announce their second quarter results today.

Bajaj Cars
The company reported a standalone net profit of Rs 2,005 crore for the quarter ended September 2024, up 9% year-on-year.

Read more: Here is the trading setup for today’s session

L&T Technology
L&T Technology Services reported a marginal 2% rise in its consolidated net profit at Rs 320 crore for the second quarter ended September 2024.

RIL
The oil-to-retail conglomerate has set October 28, 2024 as the record date to determine shareholders eligible for the issuance of 1:1 bonus shares.

Ircon
Ircon signed an MoU with Patel Engineering for collaboration and cooperation in infrastructure projects in India and abroad.

Bikaji Foods
Bikaji Foods, retail arm of Bikaji Foods, will acquire a 53.02% stake in food factory Hazelnut, investing up to Rs 131 crore.

RVNL
RVNL emerged as the lowest bidder for a project worth Rs 270 crore by Maharashtra Metro Rail Corporation.

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