Stocks to Watch: RIL, IRCTC, IndiGo, Apollo Tyres, Cipla, BHEL, Nazara Tech, and Others – News18

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Stocks to Watch: RIL, IRCTC, IndiGo, Apollo Tyres, Cipla, BHEL, Nazara Tech, and Others – News18


Last Updated: November 08, 2023, 09:22 IST

Stocks To Watch Today: GIFT Nifty on the NSE IX traded 15.5 factors, or 0.08 per cent, decrease at 19,480, signaling that Dalal Street was headed for muted begin on Wednesday. Here’s a slew of shares that shall be in focus at the moment for varied causes.

Q2 Results: Bata India, BHEL, CESC, Easy Trip Planners, EID Parry, GNFC, HEG, IFCI, Landmark Cars, Lupin, Mazagon Dock Shipbuilders, MCX, MOIL, Nazara Technologies, Oil India, Patanjali, Phoenix, Raymond, Renuka Sugars, TajGVK Hotels, Talbros Automotive, Tata Power and Wonderla Holidays are few of the notable firms scheduled to report September quarter earnings at the moment.

Reliance Industries (RIL): The Mukesh Ambani-led agency has reportedly filed for a document $2.4 billion rupee bond sale. The base measurement of the sale is Rs 10,000 crore with an choice to retain subscriptions price one other Rs 10,000 crore. The 10-yr bonds shall be auctioned on Thursday and are rated AAA with a secure outlook by score firms CRISIL and CareEdge.

Apollo Tyres: Q2 consolidated revenue extra-than-doubled to Rs 474 crore for the quarter ended September 2023 in comparison with Rs 179 crore a yr earlier. Revenue from operations rose over 5 per cent YoY to Rs 628 crore.

Power Grid Corporation: The state-owned agency posted a close to 4 per cent rise in consolidated internet revenue at Rs 3,781.42 crore in comparison with rs 3,650.29 crore a yr in the past. Total earnings elevated 1.6 per cent YoY to Rs 11,530.43 crore.

IRCTC: Q2 internet revenue grew 30.4 per cent to Rs 294.68 crore for the quarter ended September 2023 in comparison with Rs 226.03 crore within the corresponding quarter a yr in the past. Total earnings elevated 25.3 per cent YoY to Rs 1,042.39 crore.

Dilip Buildcon: Q2 consolidated internet revenue soared 4-fold to Rs 68.63 for the quarter ended September 2023 in comparison with Rs 17.01 crore a yr earlier. Revenue from operations rose 10 per cent YoY to Rs 2,849 crore.

IndiGo: The low-value airline is anticipating the grounding of over 30 plane in Q4FY24 due to points with Pratt & Whitney (PW) engines, taking the full variety of grounded PW-powered jets to round 80 planes. PW engines the world over are dealing with points due to the affect of a powder metallic defect, which may lead to part cracking.

Cipla: The firm’s board on Tuesday accredited the switch of its Generics Business Undertaking to Cipla Pharma and Life Sciences, its wholly-owned subsidiary, for a consideration of Rs 350 crore.

Alkem Laboratories: Posted an 87.9 per cent YoY improve in internet revenue at Rs 620.52 crore for the quarter ended on September 2023. Consolidated income from operations grew 12.1 per cent to Rs 3,440.17 crore.

Disclaimer:Disclaimer: The views and funding ideas by consultants on this News18.com report are their very own and not these of the web site or its administration. Users are suggested to examine with licensed consultants earlier than taking any funding selections.



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