Stocks in news: Stocks in news: DLF, Siemens Energy, Shree Cements, Tata Investment

Equity benchmark indices tumbled for the fifth consecutive week as persistent selling pressure, global headwinds, and cautious sentiment continued to dominate the landscape. In today’s trade, shares of DLF, Siemens Energy, Federal Bank, ITC, PNB Housing among others will be in focus due to various news developments and first quarter results.

DLF, Siemens Energy, Shree Cements, Tata Investment
Shares of DLF, Siemens Energy, Shree Cements and Tata Investment will be in focus as the companies will announce their first quarter results today.

Federal Bank
Federal Bank reported a standalone net profit of Rs 861.75 crore, down 14.6% year-over-year compared to a profit of Rs 1,009.53 crore in the corresponding quarter of last year.

ITC
FMCG major ITC reported a 3% year-on-year increase in its consolidated net profit for the June quarter at Rs 5,244 crore.

Tata Power
Tata Power reported a 9% growth in its Q1 consolidated net profit to Rs 1,060 crore compared to Rs 970 crore in the year ago period

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PNB Housing
PNB Housing Finance announced a key leadership transition, involving senior executives and the resignation of its top executiveDelhivery
Delhivery reported its Q1 results where its net profit rose 67% YoY to Rs 91 crore.

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