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17 May, EOD - Global

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Stock Alert News

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(01 Apr 2024, 08:38)

Auto stocks, Infosys, Avenue Supermarts, Canara Bank


Auto stocks: Auto stocks will be in focus as auto companies will start announcing monthly sales numbers for March starting from 1 April 2024.

Infosys: Infosys received orders under Section 250 & 254 of the Income Tax Act, 1961 from the Income Tax Department, Government of India for assessment years 07-08 to 15-16, 17-18 & 18-19 during the quarter. As per the orders the company expects a refund of Rs 6,329 crores (including interest). The company is in the process of evaluating the implications of these orders on the financial statements for the quarter and year ending 31 March 2024.

NTPC: The company informed that operation of NTPC Barauni Thermal Power Station Stage-I (2x110 MW) comprising of two Units (Unit 6 & 7) of 110 MW each is permanently discontinued with effect from 31...

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