Stocks in news: HUL, Axis Bank, Tata Consumer, LTIMindtree, Adani Green

Domestic markets traded volatile but managed to close higher, continuing the prevailing trend. In today's trade, shares of HUL, Axis Bank, Tata Consumer, LTIMindtree, Adani Green among others will be in focus due to various news developments and fourth quarter results.

HUL, Axis Bank, Tech Mahindra, Nestle, SBI Life
Shares of HUL, Axis Bank, Tech Mahindra, Nestle and SBI Life will be in focus as the companies will announce their fourth quarter results today.

LTIMindtree
IT services company LTIMindtree reported 2% year-on-year (YoY) growth in its consolidated net profit at Rs 1129 crore in the fourth quarter, while revenue from operations increased 10% YoY to Rs 9772 crore.

Bajaj Housing Finance
Bajaj Housing Finance reported a net profit of Rs 587 crore in the fourth quarter, which is 54% higher than Rs 381 crore posted in the same quarter of last year.

Vedanta
Vedanta Resources, the parent of Vedanta, is considering a US public listing for its Zambian unit Konkola Copper Mines as one of its options to try to raise about $1 billion for mine development.

Adani Green
Adani Green arm entered a into power purchase agreement with Uttar Pradesh Power Corporation for supply of 1,250 mw energy storage capacity from pumped hydro storage projects.

Niva Bupa Health
Niva Bupa Health Insurance said IRDAI has approved re-appointment of Krishnan Ramachandran as CEO & Managing Director of the Company for 5 years.

Spandana Sphoorty
Shalabh Saxena resigns as MD and CEO of the company. Ashish Kumar Damani was named as an interim CEO of the company.

Vascon Engineers
Vascon Engineers received a Letter of Intent (LoI) for a project worth Rs 225.5 crore from Royal Rides.

Tata Consumer
Tata Consumer Products on Wednesday reported a 59% jump in its Q4FY25 consolidated net profit to Rs 345 crore versus Rs 216 crore reported in the year ago period.