Stocks in News Today: From Adani Wilmar to Union Bank of India, here are stocks that are likely to remain in focus today. New Delhi: Indian indices closed in red on Friday, July 5, 2024, after rallying throughout the week of July 1, 2024. Wall Street indices closed in green on Friday, July 5, 2024, with the Nasdaq closing at a new record high.
Here are stocks that are likely to remain in focus today on July 8, 2024: Adani Wilmar: Adani Group entity Adani Wilmar reported a 13 per cent volume growth on a year-on-year basis with branded exports rising 36 per cent during the same period. BPCL: Oil minister Hardeep S Puri said the state-owned oil marketing company was not up for sale stating that the company’s profits outclassed the tentative sale price for the entity. Nykaa: The online beauty and fashion retailer shared 22-23 per cent revenue growth for the first quarter of FY24.
The company also projected around 25 gross merchandise value targets for the same period. PC Jeweller: Jewellery chain operator P C Jewellers settled with Punjab National in respect of outstanding dues after the country’s second-largest private lender accepted its one-time settlement proposal which includes payment in the form of cash and equity. PNB will restore P C Jewellers’ securities and mortgaged properties as part of the settlement.
Reliance Industries: The Mukesh ambani-led oil-to-telecom conglomerate reported a surge in cash reserves to Rs 2.1 lakh crore in the period ending March 2024, up.
