Today’s top morning headlines - 1st April 2024

Good Afternoon

Top gainer: JSW Steel: 872 ▲ 42 (+5.1%)
Top loser: Eicher Motors : 3,948 ▼ 71 (-1.7%)

:star: Hindustan Aeronautics Ltd rises 4% on record revenue for FY24
Hindustan Aeronautics Ltd (HAL) registers double digit growth with record revenues of ₹ 29,810 Crores for FY24. Shares of HAL are trading 2.4% higher on the NSE.

:star:RVNL jumps 5% on multiple order wins
Shares of state-owned Rail Vikas Nigam Ltd (RVNL) jumped as much as 5% on Monday, April 1, after the company announced that it has emerged as the lowest bidder for multiple projects worth ₹304 crore.

:star: TCS to announce Q4FY24 results on April 12
IT major Tata Consultancy Services (TCS) will kickstart the result season from April 12 for the final quarter of FY24. TCS board also plans to consider the final dividend during the meeting, the company said in an exchange filing.

:star: Torrent Power rises nearly 6% on bagging orders worth ₹1,825 crore
The company has received Letter of Award (LOA) from Torrent Power Limited-Distribution Unit for setting up of 150 MW (RE Power) Grid-Connected Wind Solar Hybrid Projects under Greenshoe option. Following this, shares of Torrent Power are trading 5.5% higher on the NSE.