Stocks to watch today: TCS, Tata Elxsi, IREDA, Adani Wilmar, L&T, Mazagon Dock
India TodayStock markets remained under pressure and extended their downward trend with the S&P BSE Sensex falling by 528.28 points to close at 77,620.21, while the NSE Nifty50 lost 162.45 points to end at 23,526.50. In today’s trade, several stocks such as TCS, IREDA, Adani Wilmar, Adani Total Gas are expected to be in focus due to corporate developments, quarterly results, and other news updates. TATA ELXSI Tata Elxsi reported a 3% decline in its net profit for the December quarter, which stood at Rs 199 crore, compared to Rs 206 crore in the same period last year. IREDA The Indian Renewable Energy Development Agency posted a robust 27% increase in its December quarter net profit, which rose to Rs 425.38 crore. MAZAGON DOCK SHIPBUILDERS Mazagon Dock Shipbuilders Ltd announced the delivery of the sixth Scorpene submarine ‘VAGHSHEER’ under Project P-75 to the Indian Navy.