Stocks in news: Tata Investments, Tata Power, L&T, Wipro, Biocon

Domestic markets experienced volatility on Wednesday and fell by almost half a percent amid mixed signals. In today’s trade, stocks including Tata Investments, Tata Power, L&T, Wipro, Biocon will remain in focus due to news developments and second quarter results.

Tata Investments
Shares of Tata Investments will remain in focus in Thursday’s trade as the company will release quarterly figures for the July-September 2024 period.

Tata Power
The company in September 2024 quarter Rs. 1533 crore in net profit (before exceptional items), compared to Rs. 1,017 crore was This is an increase of 51% year-on-year.

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

Godavari Biorefineries
Ace investor Madhuri Madhusudan Kela bought 5 lakh shares in debutant Godavari Biorefineries through a block deal on Wednesday.

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Adani Power
Adani Power signed a power supply agreement with Maharashtra State Electricity Distribution Company (MSEDCL).

L&T
Shares of Larsen & Toubro (L&T) will be in focus on Thursday after its Q2FY25 earnings where the company reported a 5% jump in its net profit for the quarter ended September 2024 to Rs. 3,395 crores.

Biocon
Biocon in the second quarter received Rs. 27 crore net profit was recorded. Income from operations during this period was Rs. 3590 crores.

Wipro
Wipro collaborated with Microsoft and SAP to accelerate RISE with SAP migration at almost zero cost.

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