Stocks To Watch: Infosys, TCS, Marico

Infosys, the Bengaluru-based IT services company's net profit in the first quarter of current fiscal rose 22.7 per cent to Rs 5,195 crore, compared to Rs 4,233 crore in the corresponding quarter last year

Stocks To Watch: Infosys, TCS, Marico

TCS has announced plans to expand its operations in Arizona by investing over $300 million by 2026

The stock markets are likely to open on a cautious note. Trends on SGX Nifty indicate a cautious opening for the Nifty, with a 10-point gain. At 7:30 am, the Nifty futures were trading at 15,874, lower by 10 points, on the Singapore Stock Exchange.

The benchmark indices gained for second straight session on Wednesday led by gains in information technology heavyweights Infosys and Wipro ahead of the Infosys June quarter earnings. The Sensex ended 134 points higher to close at 52,904 and Nifty 50 index climbed 42 points to end at 15,854.

Stocks To Watch In Trade Today (July 15, 2021)

Infosys

Infosys, the Bengaluru-based IT services company's net profit in the first quarter of the current fiscal rose 22.7 per cent to Rs 5,195 crore, compared to Rs 4,233 crore in the corresponding quarter in the year-ago period.

TCS

TCS has announced plans to expand its operations in Arizona by investing over $300 million by 2026 and hiring more than 220 employees by 2023.

Marico

Marico has announced a strategic investment in Apcos Naturals with an acquisition of 60 per cent equity stake for an undisclosed consideration. This equity stake will be acquired over a period of two years.