Top stocks in focus: Tata Communications, L&T Finance, Varroc Engineering, INEOS Styrolution

Check out the stocks that will be in focus during trade today based on recent and latest news developments.

Oct 21, 2021 07:10 IST India Infoline News Service

Tata Communications reported a higher consolidated profit at Rs425.38cr in Q2FY22 against Rs384.48cr in Q2FY21, revenue fell to Rs4,174cr from Rs4,401cr yoy.

L&T Finance Holdings reported lower consolidated profit at Rs224.03cr in Q2FY22 against Rs265.12cr in Q2FY21, revenue fell to Rs3,051.82cr from Rs3,408.10cr yoy.

Angel Broking reported a higher consolidated profit at Rs134.2cr in Q2FY22 against Rs74.5cr in Q2FY21, revenue jumped to Rs527.34cr from Rs309.85cr yoy.

Varroc Engineering: HDFC Asset Management Company acquired a 0.58% stake in the company via open market transactions on October 19, increasing shareholding to 5.11% from 4.53% earlier.

INEOS Styrolution India: Nippon Life India Trustee sold 50,000 equity shares in the company via open market transactions on October 18, reducing shareholding to 2.97% from 3.26% earlier.

Prince Pipes and Fittings: South Asia Growth Fund II Holdings LLC sold 22.12 lakh equity shares in the company via open market transactions, reducing shareholding to 3.65% from 5.66% earlier.

Results today: Asian Paints, JSW Steel, Biocon, 63 Moons Technologies, Agro Tech Foods, Borosil Renewables, Can Fin Homes, CG Power and Industrial Solutions, Container Corporation of India, ICICI Lombard General Insurance Company, IDBI Bank, Indian Energy Exchange, IIFL Securities, Indian Hotels, IndiaMART InterMESH, Duncan Engineering, Gateway Distriparks, Heritage Foods, Jubilant Industries, Lemon Tree Hotels, LIC Housing Finance, Bank of Maharashtra, Mphasis, Music Broadcast, Rane Engine Valve, Sasken Technologies, South Indian Bank, Sterlite Technologies, Tanla Platforms, Trident, TVS Motor Company, and VST Industries.

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