Share Market News July 12: TCS, Axis Bank, Indian Oil Corp, Infosys, other stocks to track on Friday
Share Market News July 12: Here is a list of stocks set to be in focus on Friday.
Share Market News July 12: At around 8:08 am, GIFT Nifty futures traded higher by 0.28 per cent or 68.35 points at 24,451, indicating a positive opening on the D-Street.
Here is a list of stocks set to be in focus on Friday, including Tata Consultancy Services (TCS), Indian Oil Corporation (IOC), Axis Bank and Jubilant FoodWorks.
TCS kicks off earnings season for India Inc
Tata Consultancy Services (TCS) - India's largest IT firm - has reported a 3.2 per cent sequential drop in its consolidated net profit to Rs 12,040 crore, in line with analysts' expectations. Read more on TCS Q1 earnings
TCS dividend
The Tata group IT major has declared an interim dividend of Rs 10/ per share with a record date of July 20.
Fusion Micro Finance changes its name
Fusion Micro Finance has changed its name to Fusion Finance.
Axis Bank, IOC, Jubilant FoodWorks stocks to trade ex-dividend
Axis Bank, Indian Oil Corporation, Jubilant FoodWorks, Atul Ltd, AU Small Finance Bank, Blue Dart, D-Link, Birlasoft, Mahindra Lifescpace Developers, Petronet LNG, Piramal Pharma, Ujjivan Small Finance Bank, and Utkarsh Small Finance Bank are among the stocks scheduled to trade ex-dividend on July 12.
Bonus stocks
WPIL and Vantage Knowledge Academy shares are slated to trade ex-share split on Friday.
IOC stock to trade ex-dividend
The Indian Oil Corporation (IOC) stock is slated to trade ex-dividend on Friday.
HCLTech Q1 results due on Friday
HCLTech is scheduled to report its financial results for the April-June period on Friday.
Sun Pharma to trade ex-dividend
Sun Pharmaceutical Industries shares are slated to trade ex-dividend on July 12.
Infosys in focus
Infosys Public Services, a US-based subsidiary of Infosys, has announced winning of a contract from the Delaware Department of Labor to revitalise the state’s unemployment insurance tax, benefits and appeals programs.