Stocks To Watch: Axis Bank, Britannia Industries, Info Edge (India)

0
73


Info Edge (India) will promote stake value Rs 750 crore within the IPO of its investee firm Zomato.

The home inventory markets are prone to open flat this morning. Trends on SGX Nifty point out a flat begin for the broader index in India. At 7:30 am, the Nifty futures had been buying and selling flat round 14,656 on the Singapore Stock Exchange.

Stocks to observe in commerce in in the present day’s session

Axis Bank

Axis Bank posted a internet revenue of Rs 2,677 crore for the quarter ended March 2021 on the again of a steep fall in unhealthy mortgage provisions. It had reported a lack of Rs 1,387.8 crore throughout the corresponding interval. Its internet curiosity earnings grew by 11 per cent to Rs 7,555 crore within the fourth quarter in comparison with Rs 6,807.7 crore throughout the corresponding interval.

Britannia Industries

Britannia Industries’ internet revenue within the March quarter fell 3.3 per cent to Rs 360.1 crore from Rs 372.3 crore, whereas revenues rose 9.2 per cent to Rs 3,130.7 crore from Rs 2,867.7 crore, YoY.

Bajaj Finance

Bajaj Finance’S consolidated internet revenue rose 42 per cent to Rs 1,347 crore in Q4FY21 from Rs 948 crore, whereas internet curiosity earnings declined 0.5 per cent to Rs 4,659 crore from Rs 4,684 crore, YoY.

Info Edge (India)

Info Edge (India) will promote stake value Rs 750 crore within the preliminary public providing of its investee firm Zomato.



Source hyperlink