Stocks to Watch Today : 16.10.2020
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Stocks to Watch Today : 16.10.2020
Stocks to Watch Today : 16.10.2020
Stocks in the news | Bharti Airtel, MindTree, Persistent Systems, Indian Bank, Coforge
Dhanuka Agritech, Cyient, South Indian Bank, AstraZeneca Pharma, CreditAccess Grameen, are also among the stocks in focus today.
Results on October 16: HCL Technologies, Bajaj Consumer Care, Federal Bank, Tata Communications, Tinplate Company, and Phillips Carbon Black.
Persistent Systems | The company enters into an agreement to acquire Palo Alto-based CAPIOT
Indian Bank | India Ratings & Research reaffirmed ratings of Indian Bank's outstanding Tier II bonds
Coforge | Board meeting on October 22 to consider financial result for the quarter-ended September 30
Bharti Airtel - Comfort Investments II will invest USD 235 million in Nxtra Data, a wholly owned subsidiary of Airtel. The post-money enterprise valuation of Nxtra is approximately USD 1.2 billion and Carlyle will hold a stake of approximately 25% in the business upon completion of the transaction, with Airtel continuing to hold the remaining stake of approximately 75%.
Dhanuka Agritech | Buyback to open on October 20 and close on November 2
CreditAccess Grameen | Company to issue non-convertible debentures (NCDs) worth Rs 100 crore
MindTree Q2 | Net profit jumps 19% QoQ to Rs 253.7 crore. Rupee revenue stood at Rs 1,926 crore against Rs 1,909 crore
AstraZeneca Pharma | Company will launch Calquence in India on October 21
South Indian Bank Q2 | Net profit was down 23% YoY at Rs 65.1 crore versus Rs 84.5 crore and NII was up 13.6% at Rs 663.1 crore versus Rs 584.3 crore, reported CNBC-TV18.
Cyient Q2 | Company's consolidated net profit was up 3.1% QoQ at Rs 83.9 crore versus Rs 81.4 crore and revenue was up 1.2% at Rs 1,003.3 crore versus Rs 991.7 crore, reported CNBC-TV18.
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