Let’s catch up on the latest news from the stock market. From significant investments to major deals, order wins, quarterly earnings, and appointments, here’s a quick look at which stocks will be in focus in today’s trade:
Quarterly Earnings
Mangal Electrical Industries Q1 (YoY)
Profit falls 31.5% to Rs 3.7 crore Vs Rs 5.4 crore
Revenue declines 21.6% to Rs 89.66 crore Vs Rs 114.3 crore
Stocks to Watch
Jindal Steel
Naveen Jindal-owned Jindal Steel’s overseas subsidiary, Jindal Steel International, has entered talks with German conglomerate thyssenkrupp AG to potentially acquire its European steel business, thyssenkrupp Steel Europe. The company has submitted a non-binding bid and has committed to support the business’s decarbonisation…