What is the reason for the jump in ITC shares, which has been at a high level for three years? 5, July

Today’s stocks to watch: TCS, Power Grid, DRL, DMart, Tata Motors, and others

On Monday, traders will examine stocks such as TCS, Power Grid, DRL, DMart, and Tata Motors.

Despite Nifty futures trading 20 points lower on the Singapore Exchange on Monday, Dalal Street is headed for a positive start.

Today's stocks to watch: TCS, Power Grid, DRL, DMart, Tata Motors, and others - Share Market Daily
Today’s stocks to watch: TCS, Power Grid, DRL, DMart, Tata Motors, and others – Share Market Daily

It formed a bearish candlestick pattern on the daily charts, but a bullish candlestick pattern was formed on the weekly charts as the index gained 3 percent in the previous session, as the BSE Sensex climbed 303 points to 54,482, and the Nifty50 gained 88 points to 16,221 in the previous session.

Today’s stocks to watch: TCS, Power Grid, DRL, DMart, Tata Motors, and others

Tata Consultancy Services

Despite annual wage hikes and promotions that took operating profit margins to multi-quarter lows, TCS reported a 5.2% rise in net profit to Rs 9,478 crore for the June quarter.

Power Grid Corporation of India

A state-owned power company has won a project for evacuating electricity from the Neemuch Special Economic Zone in Madhya Pradesh across state lines. The project was awarded to PGCIL through a competitive bid process based on tariffs.

Fortis Healthcare

During the next five years, the healthcare facility provider plans to add approximately 1,500 beds to its existing locations, according to its 2021-22 Annual Report. Over 4,300 beds are currently operational at the healthcare major.

Tata Motors

In an effort to partially offset the impact of rising input costs, the domestic auto giant has increased the prices of its passenger vehicle range with immediate effect. Starting Saturday, a 0.55 percent weighted average price increase across the range will apply.

Avenue Supermarts

As a result of a “very good recovery” in overall sales and a relatively low YoY base, D-Mart reported a seven-fold jump in its consolidated net profit for the quarter ended June 30, 2022, to Rs 642.89 crore.