Stocks to look at: The topline fairness indices on the BSE and National Stock Exchange (NSE) fell for the second consecutive day and ended over 0.5 per cent decrease on Tuesday. The S&P BSE Sensex fell 388.20 factors (0.66 per cent) to finish at 58,576.37 whereas the Nifty 50 declined 144.65 factors (0.82 per cent) to settle at 17,530.30.
Here are the important thing shares to look at on Wednesday, April 13, 2022:
Infosys
IT main Infosys will announce its fourth-quarter (This fall) earnings of economic yr 2021-22 (FY22) on Wednesday.
Hathway Cable
Hathway Cable & Datacom on Tuesday reported a 60.6 per cent decline in its consolidated internet revenue to Rs 28.42 crore for the quarter ended March 2022.
The firm had posted a internet revenue of Rs 72.14 crore within the January-March interval a yr in the past, Hathway Cable & Datacom mentioned in a BSE submitting.
Future Enterprises
Future Enterprises (FEL) on Tuesday mentioned it has defaulted on fee of Rs 9.10 crore curiosity on non-convertible debentures. The fee was due on April 11.
FEL has defaulted curiosity for the interval between October 11, 2021, to April 10, 2022, a regulatory submitting from the Future group agency mentioned in an trade submitting.
The gross principal quantity on which the default has occurred is Rs 180 crore.
Tata Steel
Tata Steel on Tuesday mentioned that it has accomplished the acquisition of total stake held by state-owned SAIL in S&T Mining.
The acquisition is a part of Tata Steel Group portfolio restructuring and simplification technique.
Tata Steel had lately mentioned that it has executed a share buy pact with Steel Authority of India Limited (SAIL) for buying the latter’s total 50 per cent stake in S&T Mining Co Ltd.
On completion of the acquisition, S&T Mining has change into a wholly-owned subsidiary of Tata Steel. “…the company has yesterday, i.e. April 11, 2022, completed the acquisition of the entire equity stake held by SAIL in S&T Mining,” Tata Steel mentioned in a submitting to BSE.
-with PTI enter
