✌️STOCK TRADERS ✌️

Adani Wilmar: The Adani Group witnessed double-digit growth in both edible oils and food businesses during the quarter ended March FY24, driven by increased retail penetration, particularly focusing on under-indexed markets. The company also achieved its highest ever volume during the quarter, and it continued to gain market share. Wipro: Chief Executive Officer and Managing Director Thierry Delaporte of the IT services company resigned from his position on April 6. The software major has appointed Srinivas Pallia as the CEO and MD of the company. Thierry Delaporte stepped down as MD and CEO to pursue passions outside the workplace. Vodafone Idea: The telecom operator has received approval from its board of directors for fund-raising up to Rs 2,075 crore from Oriana Investments, an Aditya Birla Group entity. The company will issue up to 1,39.5 crore equity shares to Oriana Investments at an issue price of Rs 14.87 per share, subject to shareholder approval in a general meeting. Tata Steel: The Tata Group company said India's crude steel production grew by 4.5 percent year-on-year to 5.38 million metric tons (MT), while deliveries increased by 5 percent YoY to 5.41 MT and were the highest ever quarterly deliveries. Further, in FY24, Tata Steel India achieved the highest ever annual crude steel production of 20.8 MT, with a growth of 4 percent YoY by debottlenecking across sites and achieving higher steel production at Neelachal Ispat Nigam, and deliveries increased by 5.6 percent YoY to 19.9 MT. Cochin Shipyard: The company has signed the Master Shipyard Repair Agreement (MSRA) with the United States Navy. The MSRA is a non-financial agreement and is effective April 5. This will facilitate the repair of US Naval vessels under Military Sealift Command in the Cochin Shipyard. Titan Company: The company registered a revenue growth of 17 percent YoY for the quarter ended March FY24 and added 86 stores (net) during the quarter, while the group's retail network presence stands at 3,035 stores. Jewelry business operations grew 18 percent YoY, led by both buyers and same-store sales, clocking healthy double-digit growth, while watches and wearables business increased 6 percent compared to the year-ago period. Emerging businesses grew 24 percent YoY, and CaratLane's business increased 30 percent YoY, but the EyeCare segment recorded a 1 percent YoY decline for the quarter.

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