Top 5 Stocks To Watch Today 29

Here are the top 5 action stocks for the day

Infosys

Infosys wins 1.5 billion dollars deal from BP to transform digital application landscape. "This strategic engagement further strengthens the long-standing relationship, spanning over two decades, between the two companies," said Infosys in its regulatory filing.

LIC Housing Finance

LIC Housing Finance posted a net profit of Rs 1,180 crore during the March quarter. NII for the same period came in at Rs 1,990 crore.

Bharat Petroleum Corporation Limited

Bharat Petroleum board approves Rs 49,000 crore capex for ethylene cracker project at Bina refinery. The company will also be setting up two 50 MW wind power plants for captive consumption one at Bina Refinery in Madhya Pradesh and another at Mumbai Refinery in Maharashtra, with a total project cost of Rs 978 crore.

Jindal Steel & Power

Jindal Steel and Power's consolidated net profit fell 69% to Rs 462 crore in the March quarter.
MRF to acquire 19.10% in First Energy for Rs13 crore, to buy solar power. Revenue from operations too dropped 4% to Rs 13,691 crore during the reporting quarter.

MRF

MRF has entered into a purchase agreement with First Energy 4 Private Limited for the purchase of solar power and will be acquiring up to 19.10% equity of the company for Rs 13.09 crore. First Energy 4 is a solar power generation company.

Source: Media reports