Stocks to Watch: IOC, Vedanta, RIL, NTPC, Nykaa, Hero Moto, Dr Reddy, Sugar
Fact1 : Reliance Strategic Business Ventures Ltd (RSBVL), a wholly owned subsidiary of Reliance Industries Ltd (RIL), has acquired an additional stake in skyTran Inc for Rs 123.4 crore
Fact12:The Sensex and Nifty indices are likely to firmly higher on Monday amid upbeat global cues.
Fact1 : Bharti Airtel, Castrol, Tata Steel, DataPatterns will be in focus ahead of quarterly earnings today.
RIL: Reliance Strategic Business Ventures Ltd (RSBVL), a wholly owned subsidiary of Reliance Industries Ltd (RIL), has acquired an additional stake in skyTran Inc for Rs 123.4 crore. With this, the total stake now stands at 62.83 per cent.
IOC: State-owned Indian Oil Corporation (IOC) on Saturday reported a net loss of Rs 272.35 crore for July-September - the second straight quarter of loss arising from selling petrol, diesel and cooking gas LPG at rates below cost.
JSW Energy: The company on Friday posted a 37 per cent rise in its consolidated net profit to Rs 466 crore in the September quarter compared to the year-ago period, on the back of higher
Tata Power: The firm posted a 94.3 per cent rise in its September quarter profit, with energy consumption remaining robust as economic activity gathered pace.
Vedanta: Metals and mining major Vedanta on Friday reported a 60.8 per cent year-on-year (YoY) decline in consolidated net profit at Rs 1,808 crore for the quarter ended September 30, 2022 (Q2), on the back of higher expenses. The company has also approved the growth expansion project for its subsidiary - Bharat Aluminium Company.
Dr Reddy's Laboratories: The drug maker's consolidated profit after tax (PAT) for the quarter ended September 30, 2022 was up by 12 per cent at Rs 1,112.80 crore as against Rs 992 crore in the same quarter a year ago.
NTPC: State-run power giant NTPC on Saturday reported an over 7 per cent dip in its consolidated net profit at Rs 3,417.67 crore for the September quarter, mainly due to higher expenses.
Maruti Suzuki India: The car maker has announced to recall 9,925 units of Wagon R, Celerio and Ignis manufactured between August 3 and September 1.
Nykaa:The company has revised the record date of its 5:1 bonus issue to Novemeber 11 from November 3 previously.