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Stocks in news: Airtel, HDFC Bank, Macrotech and Hindustan Copper

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Markets rebounded after Tuesday’s decline, gaining over half a percent. In today's trade, shares of Airtel, HDFC Bank, Macrotech Developers, Maruti Suzuki, Hindustan Zinc among others will be in focus due to various news developments.

SpiceJet
SpiceJet, which had regular flights to Nepal before the Covid pandemic, has received scheduled approval and slots from Kathmandu's Tribhuvan International Airport (TIA).

Airtel
Telecom operator Bharti Airtel and Finnish gear maker Nokia are expanding their core network collaboration to speed up new 5G service delivery.

South Indian Bank
South Indian Bank on Wednesday reported a 10% growth in gross advances while its deposits grew at a slower 5.5% pace.

Macrotech Developers
Realty developer Macrotech Developers, headed by Abhishek Lodha, has alleged that the House of Abhinandan Lodha (HoABL), established by his younger brother Abhinandan Lodha, has used fabricated documents to unlawfully exploit the 'Lodha' brand and registered trademark.

Hindustan Copper
Hindustan Copper signed an agreement with CODELCO (Corporacion Nacional del Cobre de Chile) for cooperation and exchange of information.

HDFC Bank
Sebi issued an administrative warning letter to the bank alleging certain non-compliances in relation to custodian activities being carried out by the Bank.

Simplex Infra
Simplex Infra entered into a one-time settlement with non-assignee lenders covering 6.27% out of 14.56% of non-assignee lenders.

Lupin
Lupin's arm Lupin Healthcare (UK) acquires 100% stake of Renascience Pharma for £12.3 million.

Dhampur Bio Organics
Dhampur Bio Organics Board approved a change in company’s name from Dhampur Bio Organics to Divija Bio Organics.

M&M Financial Services
M&M Financial Services overall disbursements were up 1% year-on-year at Rs 15,480 crore. Business assets, meanwhile, increased 16% to Rs 1.19 lakh crore.

Hindustan Zinc
Hindustan Zinc reported its fourth-quarter production update, posting a 4% year-on-year (YoY) increase in mined metal output.

Maruti Suzuki
Maruti Suzuki said it will increase the prices of its cars across 7 models from April 8 2025. The company is raising the prices due to rising input costs, operational expenses and regulatory changes.

BEL
Bharat Electronics signed a contract worth Rs 593 crore with Indian Air Force to provide maintenance services for Akash Missile System, which was supplied by the company.

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