These 5 large-cap stocks are in the news on July 25

These 5 large-cap stocks are in the news on July 25

by 5paisa Research Team Last Updated: 2022-07-25T11:15:58+05:30 IST

Let's find out why these 5 large caps are in the news on Monday.

Tata Motors: Tata Motors has bagged an order for 1,500 electric buses from Delhi Transport Corporation (DTC) as part of a tender by Convergence Energy Services. This automaker company will supply, operate and maintain air-conditioned, low-floor, 12-metre fully-built electric buses for 12 years, as per the contract. The delivery of these buses will further fortify the company’s partnership with DTC and help in environment-friendly mass mobility for the city. Today at 10:50 am, the scrip is trading at Rs 453.60 , a decrease of 0.27%.

Reliance Industries Ltd:  On a consolidated basis, the company has reported an increase of 40.83% in its net profit at Rs 19,443 crore for the June quarter as compared to Rs 13,806 crore for the same quarter last year. The total income of the company increased by 51.66% at Rs 225,360 crore for Q1FY23 as against Rs 148,591 crore for the same quarter last year. Today at 10:50 am, the scrip is trading at Rs 2410.70, a decrease of 3.68%.

Tata Consumer Products Ltd: TCP has forayed into the plant-based meat products category, under a new brand ‘Tata Simply Better'. This is in line with the company’s focus on innovation and expansion in its total addressable market. With this new brand, the company is widening its product portfolio into a new category that targets customers who want to shift towards a healthier lifestyle without comprising on taste. Today at 10:50 am, the scrip is trading at 806, an increase of 0.35%.               

Infosys Ltd: On a consolidated basis, the company has reported a marginal rise of 3.10% in its net profit at Rs 5,362 crore for the June quarter as against Rs 5,201 crore for the same quarter last year. The total income of the company improved by 23.24% to Rs 35,146 crore for Q1FY23 as compared to Rs 28,518 crore for the same quarter the previous year. Today at 10:50 am, the scrip is trading at Rs 1495.65, a decrease of 0.71%.

ICICI Bank Ltd: On a consolidated basis, the bank has reported a jump of 55.05% in its net profit at Rs 7,384.53 crore for the June quarter as against Rs 4,762.77 crore for the same quarter last year. The total income of the bank surged by 10.94% to Rs 39,218.33 crore for Q1FY23 as against Rs 35,351.97 crore for the same quarter last year. Today at 10:50 am, the scrip is trading at 802.35, an increase of 0.29%.


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