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[ad_1] Stocks to watch on July 19: Nifty futures traded 6 points, or 0.03 per cent, lower at 19,797.50, signaling that Dalal Street was headed for a muted start on Wednesday. Here’s a slew of stocks that will be in focus today for various reasons. Results today: Tata Communications, L&T Finance Holdings, Bank of Maharashtra, Finolex Industries, Alok Industries, Mastek, Jubilant Pharmova, Tata Coffee, among others will report the April-June quarter results of fiscal year 2023-24 (Q1FY24). IndusInd Bank: The lender reported a 32.5 per cent year-on-year (YoY) growth in net profit at Rs 2,124 crore in Q1FY24, on the back of a fall in provisions. Net interest income (NII), meanwhile, grew 18 per cent YoY to Rs 4,867 crore in the recently concluded quarter. L&T Technology: The company registered 13 per cent YoY rise in net profit to Rs 311.1 crore in Q1FY24 but was down 8.5 per cent compared to the previous quarter. Revenue from operations, however, saw a 14.7 per cent YoY j...

[ad_1] Last Updated: July 19, 2023, 11:08 IST Rekha Jhunjhunwala offloaded 97 lakh shares or nearly 5 percent stake in Rallis India Jhunjhunwala Portfolio: Rekha Jhunjhunwala sold a 5.5 per cent stake in Rallis India for Rs 230 crore on NSE Tata Group company Rallis India shares were in focus in trade on Wednesday after Rekha Jhunjhunwala sold a 5.5 per cent stake in Rallis India for Rs 230 crore on NSE. The purchase was executed through the stock exchange via block deal. The ace investor sold about 1.06 crore shares in Rallis India through a bulk deal on the NSE. Jhunjhunwala offloaded 97 lakh shares in the company at an average price of Rs 215.05 apiece, and 9,96,091 shares at an average price of Rs 220.35. All in all, the shares were sold at an average price of Rs 215.54 apiece, as per data available with the exchanges. Meanwhile, promoter Tata Chemicals bought 97 lakh shares or 4.99 percent of the paid-up share capital of Rallis India at an average price of Rs 215.05 per share...