The Indian equity market showed aggressive buying on Wednesday, with the Nifty index touching 24,300 points. Given news events and Q1 results, some shares are expected to be on investors’ radars ahead of today’s trading session.
Cor Indeed, Tata Steel, one of the major companies of the Tata Group, has sent notices to the stock exchanges that NCLT has approved the merger of Angul Energy Limited into it.
Consolidated aluminum production increased by 3 % to 596 thousand tonnes in the June quarter, Vilayan said at Vedanta, the Anil Agarwal-led conglomerate. The company’s saleable zinc production was slightly up by 1% to 262 kt on the previous year, while saleable steel production was 356 kt, 10% higher than the previous year.
L&T Finance, amongst India’s largest NBFCs in terms of assets, enhanced its retail disbursement by 33% YoY to Rs 14,830 crore during Q1 of these Financials—FY25. The company’s retail loan book has reached Rs. 84,440 crore, which is 31% higher compared to the figures of the previous year.
Apparently, Brigade Enterprises, a real estate company, is involved in a joint development agreement for a 1. a 2 million sq ft residential property development project in ‘Silicon Valley of India’, Bengaluru; the project’s GDA is Rs 1,100 crore. During the period leading to the trading session, investors will keenly examine the performance and probably the events influencing these stocks.
