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These stocks will remain in focus on Monday, may show momentum

Multibagger Stock: The major stock index Sensex closed with a gain of 767 points on Friday, while the Nifty crossed 18,100 points due to the rise in big stocks like Infosys, HDFC Bank and Reliance Industries. During this, the 30-share BSE Sensex closed at 60,686.69, up 767 points or 1.28 percent. Similarly, the Nifty of the National Stock Exchange rose 229.15 points or 1.28 per cent to reach 18,102.75. Today we are telling you which stocks you have to keep an eye on on Monday:-

Wipro: The company has announced a CargoWise Service Partner Agreement with WiseTech Global, a leading provider of software solutions for the logistics industry. As a partner, Wipro will leverage the CargoWise logistics execution platform to help transport and logistics companies take advantage of the competition, and enhance their business value from freight forwarding, customs, track and trace, transportation and warehouse management .

Tata Consumer Products: The company has entered into a share purchase agreement with Tata Industries Limited (TIL) and Tata SmartFoods Limited to buy TIL’s 100% equity stake in Tata SmartFoods Limited. Tata SmartFoods Limited is engaged in the business of manufacturing, distributing and marketing ready-to-eat packaged food products under the brand “Tata Q” in India.

Abbott India: The company has announced its quarterly results for Q2FY22. Abbott India reported Q2 net profit at Rs 192.3 crore versus Rs 180.7 crore, a growth of 6.4 per cent and revenue up 15.8 per cent at Rs 1,222.1 crore versus Rs 1,054.9 crore. EBITDA was reported at 7.8 per cent versus Rs 259.7 crore at Rs 240.8 crore and EBITDA margin at 21.3 per cent versus 22.8 per cent, YoY.

Disclaimer: (The information provided here is for informational purposes only. It is important to mention here that investing in the market is subject to market risks. Always consult an expert before investing money as an investor. Anyone from ABPLive.com Also investing money is never advised here.)

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Shivam Bangwal

Shivam Bangwal is an Indian based entrepreneur who is a tech, travel and coding enthusiast with a post graduation degree on Master's of Computer Applications. He is a founder of Youthistaan, People News Chronicle, Hitchhike TV, Branding Panther and many more.

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