Stocks in news: RIL, Infosys, GAIL, Axis Bank, HDFC Life

Markets traded in a subdued manner on Wednesday and ended marginally higher, extending the previous day's trend. In today's trade, shares of RIL, Infosys, GAIL, Axis Bank, HDFC Life among others will be in focus due to various news developments and third quarter results.

RIL, Infosys, Axis Bank, LTIMindtree
Shares of RIL, Infosys, Axis Bank and LTIMindtree will be in focus as the companies will announce their third quarter earnings today.

L&T Tech
L&T Technology Services reported 4% YoY drop in its consolidated net profit to Rs 322 crore, while revenue from operations were up 9% at Rs 2,653 crore in the third quarter.

HDFC Life
HDFC Life reported robust growth across key metrics in the third quarter and strong growth in the value of new business. Profit was up 15% in the nine months ended December 2024.

Welspun Corp
Welspun Corp Ltd has signed a pact with Saudi Aramco to establish a Longitudinal Submerged Arc Welded (LSAW) line pipe manufacturing facility in Saudi Arabia.

Hero MotoCorp
Hero MotoCorp is not concerned about slowing demand in the urban market, saying consumption in these centres had grown disproportionately after the pandemic.

Shriram Housing
Truhome Finance, the new identity for Shriram Housing, is looking to grow business by about 30% in FY26 with the strong capital infusion from its owner Warburg Pincus.

Swiggy
The Ministry of Corporate Affairs approved the incorporation of Swiggy Sports Pvt Ltd as a wholly owned subsidiary of the food and grocery delivery major.

IRFC
IRFC signed a lease agreement with NTPC for 8 BOBR rakes worth Rs 250 crore.

CEAT
CEAT reported a net profit of Rs 97 crore in the third quarter, while revenues from operations came in at Rs 3,300 crore in the same period.

GAIL
GAIL entered into a settlement agreement with SEFE Marketing and Trading Singapore Pte. SEFE marketing to pay $285 million in settlement to the Indian company.

Azad Engineering
Azad Engineering bagged a contract worth $112 million (nearly Rs 960 crore) from GE Vernova International LLC.

Happiest Minds
Happiest Minds partners with Coca-Cola beverages Vietnam to deploy an innovative GenAI conversational interface.