Nifty futures on the SGX had been buying and selling 173 factors greater at 15,119 round 8.35 am, indicating a gap-up begin for the benchmark indices in Tuesday’s session.
Listed below are the highest shares to trace right now:
Earnings At the moment: Tata Motors, Aarti Industries, Chalet Lodges, Canara Financial institution and Torrent Pharma are amongst 35 firms slated to publish their March quarter outcomes right now.
Analysts count on Tata Motors to report a powerful standalone efficiency, offset by modest efficiency in JLR. On a consolidated foundation, they’re penciling in a 41 per cent YoY improve within the firm’s top-line and a revenue of as much as Rs 2,813 crore. READ MORE
Bharti Airtel: The telco reported a consolidated web revenue of Rs 759 crore within the fourth quarter of 2020-21 as towards a lack of Rs 5,237 crore within the corresponding interval of 2019-20. Airtel’s common income per consumer (ARPU) stood at Rs 145, down from Rs 166 sequentially and Rs 154 within the yr in the past interval.
Orient Cement: The corporate logged an over two-fold bounce in web revenue at Rs 99.87 crore within the fourth quarter ended March 2021. It had posted a web revenue of Rs 44.06 crore within the January-March quarter a yr in the past.
Reliance Industries: Reliance Jio stated it’s setting up the most important worldwide submarine cable system centred on India with international companions and submarine cable provider Subcom to cater to elevated knowledge demand.
Gland Pharma: Drug agency Gland Pharma reported a 34 per cent YoY rise in its consolidated web revenue to Rs 260.4 crore for the fourth quarter ended March 2021, on account of strong gross sales. It had posted a web revenue of Rs 194.8 crore for the corresponding interval of the earlier fiscal.
Wabco India: Auto element producer Wabco India on Monday reported 55 per cent YoY rise in web revenue at Rs 48 crore for the fourth quarter ended March 31, 2021.
Subex: IT companies agency Subex on Monday posted a consolidated web revenue of Rs 15.6 crore for the fourth quarter ended March 31, 2021. The corporate had posted a web revenue of Rs 31.99 crore within the year-ago interval.
Jaypee Infra: State-owned NBCC and Suraksha group, that are within the race to accumulate debt-laden Jaypee Infratech Ltd (JIL), will submit their revised bids by Tuesday.
Apollo Tyres: Apollo Tyres stated it has turn into the primary producer within the nation to get accreditation from NABL for out of doors regulatory testing. The corporate has been accredited with ISO/IEC 17025 for the ‘moist grip and coast by noise’ tyre checks on the observe, Apollo Tyres stated in an announcement. That aside, the corporate stated Perambra plant in Kerala will likely be closed until Might 23 in view of the native restrictions resulting from Covid-19.
Union Financial institution of India: The financial institution board has authorized elevating as much as Rs 1,750 crore by means of a certified institutional placement at a ground worth of Rs 35.6 per share. The share sale was authorised to open on Might 17.
Bharat Forge: The corporate will buy a 49 per cent stake in its subsidiary, Kalyani Strategic Programs, for Rs 32.97 crore. At present, the corporate holds a 51 per cent stake within the subsidiary. After this acquisition, KSSL shall turn into a wholly-owned subsidiary of the corporate.
HCL Tech: IT companies main HCL Applied sciences stated it’s hiring 1,000 expertise professionals from the fields of digital transformation, cloud, synthetic intelligence and cybersecurity in the UK.
Strides Pharma Science: The promoter group of the corporate have launched substantial pledge of over 38 p.c, taking the present general promoter group pledge at 25.98 per cent of the promoter holding and seven.71 per cent of the paid up capital of the corporate.
Backyard Attain Shipbuilders And Engineers: The corporate has suspended operations in any respect models in West Bengal until Might 30 to adjust to state Covid order.
Skipper: The corporate will maintain its places of work and manufacturing models in West Bengal shut until Might 30 to adjust to state Covid order.
Zuari Agro Chemical compounds: The corporate stated its Goa fertiliser plant has been hit by the cyclonic storm Tauktae. It’s assessing damages by the cyclone to the plant and there may very well be a possible delay in restarting ammonia, urea crops.
https://www.business-standard.com/article/markets/stocks-to-watch-tata-motors-airtel-gland-pharma-hcl-tech-orient-cement-121051800144_1.html