Stocks to Watch: RIL, Zee Entertainment, HDFC AMC, NBCC, IDBI Bank2 min read . Updated: 21 Jan 2020, 07:58 AM IST
Here’s a list of top 10 stocks that may be in focus on Tuesday
Here’s a list of top 10 stocks that may be in focus on Tuesday:
RIL: The Competition Commission of India has approved the divestment of Reliance Jio Infocomm Ltd’s telecom tower assets to Canada's Brookfield Infrastructure Partners LP and other investors. Reliance Industries Ltd, which owns the telecom firm, had last month signed a binding pact with the Canada-based asset management company Brookfield for an investment of ₹25,215 crore in its tower arm.
Bharti Airtel: The telecom operator and Google Cloud on Monday announced a partnership offer G Suite to small and medium sized businesses (SMBs) in India as part of its integrated information and communication technology portfolio. G Suite is a set of intelligent apps—Gmail, Docs, Drive, Calendar and more—designed with real-time collaboration and machine intelligence to bring people together and help them work smarter and safer.
Zee Entertainment: The media conglomerate will today announce its earnings for the quarter ended December. The company was one of the biggest losers on the Nifty50 index in Monday’s trade, having fallen more than 4% ahead of the quarterly results.
HDFC AMC: The asset management company will report its financial results for the third quarter today. Separately, ICICI Prudential Life Insurance Company Ltd will also announce its numbers for the quarter.
Bank of Baroda: The Appointments Committee of the Cabinet, after market hours on Monday, appointed Sanjiv Chadha as the managing director and chief executive officer of the public-sector lender. The government also appointed Lingam Venkat Prabhakar as chief of Canara Bank and Atanu Kumar Das to lead Bank of India.
NBCC: The state-owned construction company, after market hours on Monday, said it received a letter of acceptance from Central Coalfield Ltd (CCL) to provide project management consultancy services for construction of smart township/colony, roads, network and services buildings for mines in Magadh and Amrapali area in Jharkhand. The project cost is estimated at ₹720.32 crore.
ICICI Bank: The private lender, after market hours on Monday, said it allotted 27,990 equity shares of face value of ₹2 apiece on 20 January under the Employees Stock Option Scheme, or ESOS, 2000.
IDBI Bank: The public-sector bank, post Monday’s market hours, said it sold a total of 17.90 lakh shares constituting 0.36% of the paid up capital of National Stock Exchange of India Ltd (NSEIL). Currently, the lender holds 10,25,683 equity shares in NSEIL including 0.21% of the paid up capital.
Can Fin Homes: The company released its third-quarter earnings after market hours on Monday. Its net profit rose 40.6% to ₹106.6 crore in the said quarter. Net interest income also increased by 23.6% to ₹168.1 crore.
Balrampur Chini: An explosion occurred in a tanker at an incineration plant that damaged pipelines, pumps, some electrical and mechanical installations at one of the company’s distillery unit, the company said in a regulatory filing. The sugar producer said the accident would not cause any loss to production on an annual basis.