Stocks in news: Sheela Foam, LTIMindtree, IndusInd Bank, ICICI Pru Life, Patanjali Foods

Nifty futures traded 1.5 points, or 0.01 per cent, lower at 19,778, signaling that Dalal Street was headed for a muted start on Tuesday. Here's a slew of stocks that will be in focus today for various reasons.

Sheela Foam
Sheela Foam, which owns the popular “Sleepwell” brand, announced that it will acquire a majority stake in Kurlon Enterprises that owns “Kurl-On” brand for Rs 2,035 crore.

LTIMindtree
LTIMindtree has reported consolidated net profit of Rs 1,151 crore for the quarter ended June, which is higher by 4% year-on-year.

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Tata Elxsi
Tata Elxsi has posted a meagre 2% rise in net profit at Rs 189 crore for the first quarter ended June. Revenue from operations during the quarter, however, rose 17%.

Patanjali Foods
Florida-based GQG Partners has invested over Rs 2,400 crore in Baba Ramdev-led FMCG company Patanjali Foods.

Amara Raja Batteries
Clarios ARBL Holdings will likely sell its entire stake in Amara Raja Batteries via block deal, according to reports.

RPP Infra
The company has received a letter of acceptance for a new project in hamirpur district, Himachal Pradesh at a cost Rs 138 crore.

IDFC
The Board has approved reappointment of Mahendra N Shah as MD and appointment of Bipin Gemani as CFO of the company.

HPCL
India's gasoline demand will likely recover from late August, while diesel consumption is expected to stay weak, the company said.

ONGC
The company said it aims to produce 8,000 to 10,000 BPD from the east coast block in the second half of the current fiscal.

IndusInd Bank, ICICI Pru Life, Polycab, L&T Tech
Shares of IndusInd Bank, ICICI Pru Life, Polycab, and L&T Tech will be in focus today as the companies will announce their first quarter results.