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HCL Tech, Avenue Supermarts, India Pesticides to be watched

HCL Technologies announced a multi-year agreement with Fiskars Group, consisting of a family of lifestyle brands including Fiskars, Gerber, Iittala, Royal Copenhagen, Waterford and Wedgwood. HCL as a partner will enable Fiskars to standardize and harmonize their IT and business processes, drive operating model transformation and increase overall digital maturity. Avenue Supermarts (D-Mart) said that its standalone revenue from operations has increased to Rs 5,031.75 crore in Q1 June 2021 from Rs 3,833.23 crore in Q1 June 2020, registering a YoY growth of 31.27%. Shares of India Pesticides will debut on the bourses on today, 5 July 2021. The issue price is Rs 296 per share. CSB Bank said that its total deposits increased 14.17% to Rs 18,652.80 crore as on 30 June 2021 from Rs 16,337.95 crore as on 30 June 2020.

Indian Hume Pipe Company receives LoA for order worth Rs 257 60 crore

Indian Hume Pipe Company has received today the Letter of Acceptance for the work of about Rs.257.60 crores (including GST) from Madurai City Municipal Corporation. The order is for dedicated water supply scheme for Madurai City Municipal Corporation for construction of distribution Network System (DI & HDPE), House service connections and Instrumentation for Madurai City Municipal Corporation Added Area-Package-4. The project is to be completed within 36 months. The announcement was made on Saturday, 3 July 2021. Shares of Indian Hume Pipe Company rose 1.2% to settle at Rs 230.25 on Friday, 2 July 2021. Indian Hume Pipe Company is engaged in the business of construction and maintenance of projects relating to water supply, irrigation, sanitation and sewerage systems and pipe manufacturing.

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