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Reading: Shares in Focus: Tata Consultancy Providers, ONGC Videsh, Lloyds Engineering, and Others
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StockWaves > Financial News > Shares in Focus: Tata Consultancy Providers, ONGC Videsh, Lloyds Engineering, and Others
Financial News

Shares in Focus: Tata Consultancy Providers, ONGC Videsh, Lloyds Engineering, and Others

StockWaves By StockWaves Last updated: May 24, 2025 5 Min Read
Shares in Focus: Tata Consultancy Providers, ONGC Videsh, Lloyds Engineering, and Others
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The GIFT Nifty futures, which is an early indicator of the Nifty50 index, was buying and selling greater by 29 factors at 24,682 indicating that the home benchmark indices are more likely to make a optimistic begin on Friday.

On Thursday, 22 Might, Home benchmark indices S&P BSE Sensex slumped by 645 factors or 0.79% and settled at 80,952 whereas the Nifty50 traded 0.82% decrease by 204 factors, settling at 24,609.70.

Listed here are some shares which are more likely to stay in concentrate on 23 Might.

Quarterly Outcomes At the moment: JSW Metal, Ashok Leyland, Glenmark Prescription drugs, Ashoka Buildcon, Balkrishna Industries, BEML, Aditya Birla Vogue and Retail, Afcons Infrastructure, Apollo Micro Programs, Cello World, Harmony Medicine, Exicom Tele-Programs, Transrail Lighting, West Coast Paper Mills, Finolex Industries, and Narayana Hrudayalaya are a number of the distinguished corporations set to announce their quarterly earnings for January-March. 

Tata Consultancy Providers: TCS has entered right into a five-year settlement with Finnish telecom operator DNA to speed up the corporate’s cloud transformation journey. Underneath the deal, TCS will help in migrating as much as 80% of DNA’s enterprise purposes to the general public cloud by 2030. This initiative builds on their longstanding 17-year partnership.

ONGC Videsh: ONGC Videsh, the worldwide arm of state-run ONGC, anticipates finishing its offshore fuel exploration undertaking in Mozambique by late 2027 or early 2028, in line with Managing Director Rajarshi Gupta. Gupta talked about that operations are progressing properly, pressure majeure is predicted to be lifted quickly, and all needed distributors are in place, positioning the undertaking for well timed commissioning.

Lloyds Engineering: Lloyds Engineering has secured an order price Rs 20.67 crore from Cochin Shipyard to provide naval tools. The corporate will ship Fin Stabilizers for the Indian Navy’s Subsequent Era Missile Vessels. Cochin Shipyard had earlier inked a cope with the Indian Navy in 2023 to construct six such vessels, with the whole undertaking worth estimated at round Rs 9,804 crore.

TVS Motors Firm: The corporate has introduced signing a Memorandum of Understanding (MoU) with OOR Cabs for supplying 500 TVS King EV MAX electrical three-wheelers for the present fiscal yr 2025-26 in Tamil Nadu. 

Bajaj Auto: The subsidiary of the corporate, Bajaj Auto Worldwide Holdings BV, has introduced that it’s coming into right into a mortgage settlement with Commonplace Chartered Financial institution for a mortgage quantity of 100 million euros, which is round Rs 971.20 crore. 

Indus Towers: The corporate has introduced that it has signed a deal to accumulate a 26% fairness stake in JSW Inexperienced Power Eight, a special-purpose car set as much as supply renewable power from a photo voltaic photovoltaic plant.

Lumax Auto: The corporate has introduced finalising the acquisition of the remaining 25% stake in IAC Worldwide Automotive India, making IAC India a completely owned materials subsidiary of the corporate.

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