Stocks to watch: Amidst mixed trends from the Asian market, gift Nifty is indicating a sluggish start in the domestic market today. A trading day was closed at 24,539.91 and Nifty 50 (NIFTY 50) 131.95 points i.e. 0.54% with a rise of 304.32 points i.e. 0.38% on Wednesday 13 August. Now today, if we talk about individual stocks, some companies will have business results today and some have come. Apart from this, due to its special corporate activities, some stocks may show a sharp movement. Details about these shares are being given here.
Today these companies will have business results
Indian Oil, Amara Raja Energy and Mobility, Ashok Leyland, Astrazheneca Pharma India, Glenmark Pharma, Vodafone Idea, Ainox Wind, Patanjali Foods, Swan Energy, Valore Estate, EG Trip Planners, GE Power India, Hindustan Copper, ENOGEX GRIS Service, Aerbic Egyptian Service, Erbic Egyptian Service Developers and jaggle prepaid Ocean Services will release business results of June quarter today.
Business results of these companies continue
Bharat Petroleum Corporation Q1 (Consolidated Yoy)
On the annual basis in the June quarter, the consulted profit of Bharat Petroleum rose 140.7% to ₹ 6,839 crore but the revenue fell 0.5% to ₹ 1,12,551.5 crore.
Muthoot Finance Q1 (Consolidated Yoy)
On the annual basis in the June quarter, the consolidated profit of Muthoot Finance jumped 73.2% to ₹ 2,016.2 crore and the net income increased by 42.8% to ₹ 3,933.1 crore.
Stocks to watch: These shares will also be monitored
ICICI Bank has reduced the minim balance limit from ₹ 50 thousand to ₹ 15 thousand in the savings account in metro and urban areas. Apart from this, in semi-urban areas, it has been reduced from ₹ 25 thousand to ₹ 7.5 thousand and in villages from ₹ 10 thousand to ₹ 2.5 thousand.
Infosys will buy a 75% stake in Australia’s versant Group for 23.32 Australian dollars. It is a complete ownership subsidiary of Telstra Group. The remaining 25% stake will remain with the Telstra Group.
Today, PNB will not be able to take new positions of F&O in Housing Finance, PG Electroplast, Titagarh Rail Systems and RBL Bank.
(This story is still being increased)