Share Market News July 19: Infosys, LTTS, TCS, ITC, Bosch, Chennai Petroleum, Cummins, TechM, other stocks to track on Friday

Share Market News July 19, 2024: At around 8:25 am, GIFT Nifty futures traded higher by 0.27 per cent or 67.45 points at 24,876.5, indicating a positive opening on the D-Street today. Domestic equity benchmarks registered record closing highs on Thursday, with the 50-scrip Nifty50 index crossing as well as ending above the 24,800 mark for the first time ever amid sharp buying interest in IT, financial and FMCG shares. Both headline indices were up 0.8 per cent at the end of a volatile session, with the Sensex rising 626.9 points to 81,343.5 and the Nifty50 gaining 187.9 points to settle at 24,800.9 - their highest closing levels. As the focus shifts to the next session on Dalal Street, here is a list of stocks that are likely to be in the spotlight including Infosys, Tata Consultancy Services (TCS), Larsen & Toubro Tech Services (LTTS), Bosch and Cummins India. 

Infosys Q1 Results Announcement

Bengaluru-headquartered Infosys - the country's second largest IT firm - has reported a better-than-expected set of financial results for the April-June period. While its consolidated net profit fell 20.1 per cent to Rs 6,368 crore for the June quarter, its revenue grew 3.7 per cent to Rs 39,315 crore, according to a regulatory filing. Read more on Infosys results

L&T Tech Services (LTTS) Earnings

Engineering services company L&T Technology Services (LTTS) has registered a consolidated net profit of Rs 313.6 crore for the April-June period, up 0.8 per cent on a year-on-year basis. Read more on LTTS results

From dividends to rights to share split, more than 40 stocks slated to trade ex-date on July 19

TCS, Delta Corp, ICRA, Bosch, Cummins India, Tech Mahindra, Bajaj Electricals, Zensar Tech, JSW Infra, Cholamandalam Investment, and Laxmi Organic are among the more than 35 stocks scheduled to trade ex-dividend on Friday. 

Besides, While Jaykay Enterprises and Shrydus Industries will trade ex-rights, Elecon Engineering will go ex-stock split. 

Tata Consumer Products share market news

Tata Consumer Products' board is scheduled to meet on July 23 to consider the issuance of rights.

Lupin share market news

Mumbai-headquartered pharmaceutical company Lupin has tied up with South Korea-based Huons to market dry eye treatment medication Cyclosporine Ophthalmic Nanoemulsion (0.4mL single-use vial) in Mexico. Read more on Lupin

Read more on the July 18 session | Catch all the highlights of Thursday's session here. For all other news related to business, market, tech and auto, visit Zeebiz.com.