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    Vikshita Vitthal Gujaran in Stock Market Update

    08-Dec-2022 04:57 AM


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    Stocks in the news: Dharmaj Crop, Infosys, Eicher Motors, TechM, IDFC First and Macrotech

    Nifty futures on the Singapore Exchange traded 6.5 points, or 0.03 per cent lower at 18,665, signaling that Dalal Street was headed for a flat start on Thursday.
    India’s second-largest IT services company commenced its fourth share buy-back amounting to Rs 9,300 crore.
    The buy-back will be at a price not greater than Rs 1,850 per equity share having a face value of Rs 5 each through the open market route.
    The lender raised the funds through private placement of Basel-III compliant tier II bonds.
    The company also re-designated Rajiv Mittal as Chairman and Managing Director effective December 07.The power trading solution provider reported 29 per cent dip in consolidated net profit at Rs 138.23 crore for September quarter 2022-23 due to lower revenues.
    The matchmaking service provider expanded its service offerings by unveiling Jodii, a mobile application, 'for corporates' that would benefit working professionals, the company said.

    Source - The Economic times
    #stock #dharmajgroup #infosys