Among the market moving stocks are those that have reported their earnings such as Ireda and those that are expecting earnings such as HDFC Bank. Here’s a look at six stocks that are in the news at noon. Apart from HDFC Bank, Mahanagar Gas Ltd., Gensol Engineering Ltd., Indian Renewable Energy Development Agency Ltd., and IndusInd Bank Ltd. share prices were trending. To know their movement and the reasons behind it click here.
Shares of Capacit’e Infraprojects Ltd. rose over 3% on Wednesday after it received a Letter of Intent for construction of a building in Mumbai. Shares of Capcait’e Infraprojects rose as much as 3.18% to Rs 382.70 apiece, the highest level since Jan. 20.
IT services major Infosys Ltd.’s net profit is likely to decline in the fourth quarter of fiscal 2025, amid weak demand environment. Revenue for the company is expected to rise marginally at 1% sequentially to Rs 42,126 crore for the quarter ended March 31, 2025, according to a consensus estimate of analysts tracked by Bloomberg. Net profit may decline 2% to Rs 6,697 crore.
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