Tata Motors, Wipro, Zomato, Bank Of Baroda, Kalyan Jewellers

Wipro Stock: Vinay Fikare, became the head of its Asia pacific business, Fikare will be the new chief executive officer, APMEA 

On 10th May, The Nifty 50 index rose by 0.44 percent to close at 22,055, while the Sensex gained 260.3 points to close at 72,664.47. With the exception of the IT, Realty, PSU Bank, and Bank sectors, all other sectoral indices recorded gains. The Metal, Oil & Gas, FMCG, and Auto sectors led the upward trend.

Stocks to be in focus today, according to Experts and Zee Business

1. Zomato, DLF Stock: Zomato, DLF, Aditya Birla Capital, UPL, Sanofi India, Aarti Pharmalabs, JSPL, MapMyIndia, Chalet Hotels, Balkrishna Paper Mills, and Saint Gobain are among almost 60 companies scheduled to report their earnings on May 13. 
2. Eicher Motors, Bank of Baroda Stock: Companies have reported their quarterly numbers after the market hours on Friday, like Royal Enfield parent Eicher Motors, Bank of Baroda, Union Bank of India, TVS Srichakra,D-Link India, Jaiprakash Associates, APL Apollo and CCL Products. 
3. Vedanta Stock: Company will buy out its Japanese partner Hoya Corporation in Tokyo-based AvanStrate, making the company as part of its larger play in hi-tech manufacturing.
4. Wipro Stock: Vinay Fikare, became the head of its Asia pacific business, Fikare will be the new chief executive officer, APMEA 
5. Lupin Stock: Lupin Ltd has announced that the US Court has lifted the Temporary Restraining Order and denied Astellas’ request for a preliminary injunction on Mirabegron ER Tablets.
6. HUDCO Stock: HUDCO entered into an MoU with the Surat Integrated Transportation Development Corporation Limited (SITCO) for the development of the Surat Multi-Modal Transportation Hub.
7. Prestige Estates Stock: Venkata Narayana K resigned as CEO of Prestige Estates and also from the committees of the board, with effect from close of business hours on May 10, 2024.
8. Tata Motors Stock: Reported consolidated net profit up by 222% to Rs 17,407.18 crore & revenue from operations grew by 13% to Rs 119,986.31 crore.
9. Union Bank of India Stock: lenders net profit increased by 19% YoY to Rs 3,310.6 crore and Net interest income hiked by 14.4% to Rs 9,436.6 crore.
10. Kalyan Jewellers Stock: Reported consolidated net profit to Rs 1,374.93 crore and total revenue increased by 34% to Rs 45,349.30 crore.
11. JK Cement Stock: Company reported Q4 results with net profit doubled to Rs 219.7 crore and revenue rose by 11.8% to Rs 3,105.8 crore.
12. APL Apollo Tubes Stock: Company profit declined 15.6% to Rs 170.4 crore and revenue grew 7.6% to Rs 4,765.7 crore.

(Disclaimer: The above article is meant for informational purposes only, and should not be considered as any investment advice.)