TCS shares: Stocks in news: Nykaa, TCS, Tata Elxsi, Glenmark Life, YES Bank, Siemens

Markets fluctuated sharply within a range and ended up losing nearly half a percent on Wednesday, wiping out the gains from the preceding session. In today’s trade, shares of Nykaa, TCS, Tata Elxsi, Glenmark Life, YES Bank, Siemens among others will be in focus due to various news developments and first quarter results.

TCS, Anand Rathi Wealth, Akme Fintrade
Shares of TCS, Anand Rathi Wealth and Akme Fintrade will be in focus today as the companies will announce their first quarter results.

Nykaa
Canada Pension Plan Investment has offloaded partial stake in Nykaa through block deals on Wednesday. The foreign investor has sold 1.47 crore shares or 0.5% equity in the company at Rs 174 apiece.

Tata Elxsi

Tata Elxsi on Wednesday reported a 3% fall in its net profit at Rs 184 crore for the first quarter ended June 2024.

YES Bank

Moody’s Ratings has affirmed private lender YES Bank’s Ba3 long-term foreign currency and local currency ratings.Siemens
Siemens, as part of a consortium along with RVNL, has secured an order from Bangalore Metro Rail Corp for electrification of Bengaluru Metro phase two project.Kesoram Industries
Kesoram Industries reported a net loss of Rs 62 crore for the first quarter, which has widened from Rs 32.4 crore posted in the last year period.

Glenmark Life
Promoters Glenmark Pharma and Glenn Mario Saldanha to sell 7.85% stake in Glenmark Life through an offer for sale (OFS).

Zee Media
Zee Media has appointed Karan Abhishek Singh as Chief Executive Officer of the company with effect from July 10.