Stocks Update: TCS, Adani Wilmar, Infosys, Vodafone Idea & More
As the Indian stock market gears up for trading on July 12, several major companies have made significant announcements that investors should keep an eye on. Tata Consultancy Services (TCS) has reported an 8.7% surge in consolidated net profit to ₹12,040 crore in the first quarter of FY25, with revenue from operations reaching ₹62,613 crore. Adani Wilmar has announced a majority stake acquisition in Omkar Chemical Industries Private Limited (OCIPL) in Gujarat. Vodafone Idea has received shareholder approval for a preferential issue to Ericsson and Nokia. Infosys Public Services has secured a contract to modernize Delaware Department of Labor’s programs. Aditya Birla Fashion and Retail has increased its stake in Goodview Fashion Pvt. Ltd. Brigade Enterprises has launched 948 one-bedroom apartments in Bengaluru. These updates indicate a dynamic start for the Indian stock market on July 12.
