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Stocks in Focus: Tata Consultancy Services, Vodafone Idea, Hindustan Aeronautics, and Others

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The GIFT Nifty futures, which is an early indicator of the Nifty50 index, was trading 0.60% lower by 134.50 points at 22,452.50, indicating that the domestic benchmark indices are likely to make a negative start on Monday. 

On Friday, 12 April, Domestic benchmark indices S&P BSE Sensex fell 793.25 points, or 1.06%, to end at 74,244.90 while the Nifty50 traded 234.40 points, or 1.03% lower and settled at 22,519.40. 

Here are some stocks that are likely to remain in focus on 15 April.

Tata Consultancy Services: In its quarterly report for January-March, the company reported a 3.5% year-on-year increase in revenue to Rs 61,237 crore for the quarter from Rs 59,162 crore reported in the same quarter last year. 

Hindustan Aeronautics: The company has received a request for proposal from the Ministry of Defence for 97 Tejas Mark 1A fighter aircraft. 

Vodafone Idea: The company plans to raise up to Rs 18,000 crore via share sale in a price band of Rs 10-141 per share.

Rail Vikas Nigam: The company has received a letter of acceptance worth Rs 95.95 crore for the Engineering, Procurement, Construction, Supply, Erection and Testing from NFR-CONST HQ-ELECTRICAL/N.F.RLY CONSTRUCTION. 

Granules India: The US Food and Drug Administration conducted an inspection at the company’s Andhra Pradesh unit V facility and concluded with zero observation. 

Varun Beverages: The company has announced the commercial production of carbonated soft drinks and energy drinks at its production facility in Gorakhpur, Uttar Pradesh. 

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