Stocks in News on Wednesday ( 03 Jan 2024 )

Vedanta, LTIMindtree, Coal India, RVNL: Stocks to watch on Wednesday

Coal India: The company through a filing informed that the company supplied an all-time high volume of 98 million tonnes (mts) to non-regulated sector (NRS) consumers till December FY 2024. 

LTIMindtree: The IT firm's board will consider Q3FY24 results in a meeting on  January 17, 2024. 

Vedanta: The company's subsidiary, Bharat Aluminium Company Limited (BALCO) received a Goods and Service Tax (GST) demand notice of over Rs 22 crore for FY 2017-18 on account of procedural issues. 

RVNL: The joint venture company KRDCL-RVNL received a Letter of Acceptance (LOA) from Southern Railway for a major redevelopment of Varkala Sivagiri Railway Station. The order is worth over Rs 123 crore. JK Paper: Delhi and Chennai GST Officers have raised a tax demand of Rs. 21.65 lakh and Rs. 2.42 lakh respectively against the company.

As per the filing, the company would file an appeal before the Appellate authorities. There is no material impact on the financial, operation, or other activities of the Company due to aforesaid orders. 

Cholamandalam Investment and Finance Company: The company's board will consider financial results for the third quarter on January 25, 2024.

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Hindustan Zinc: The company released its business update for the third quarter ended December 31, 2023.