Bharti Airtel, Future Retail, RIL and other stocks to watch out for on October 21 as markets remain cautious

Oct 21, 2021

By: Rounak Jain

Bharti Airtel

The telco’s ₹21,000 crore rights issue ends today.

Credit: Asian-Paints

Future Retail

Singapore-based tribunal has ruled in favour of Amazon with regards to the jurisdiction and also made Future Retail a party to the arbitration agreement between Amazon and Future Coupons, a group company.

Credit: Asian-Paints

Reliance Industries

Media reports suggest that the Mukesh Ambani-led Reliance Jio may join a $200-250 million fundraising in the Google-backed delivery startup Dunzo.

Credit: BCCL

Asian Paints

The Indian multinational paint company will declare its September quarter results today.

Credit: Asian-Paints

Airtel, Vodafone Idea, Reliance Jio

Airtel reported a marginal increase in subscribers of 0.14 million, Vodafone Idea lost 0.83 million while Jio added 0.65 million subscribers at the end of August, 2021.

Credit: Unsplash

Earnings today

Asian Paints, Biocon, TVS Motor, IDBI Bank, LIC Housing Finance, Mphasis, Indian Energy Exchange, Sterlite Technologies, Indian Hotels, Indiamart Intermesh, Trident, VST Industries, among others.

Credit: Pixabay

Tata Communications

Reported a 11 percent increase in net profit to ₹425 crore in the September quarter, but revenue declined 5 percent to ₹4,174 crore, year-on-year.

Credit: Tata-Communications

PNB Housing Finance

Its board will meet on November 2 to consider issuance of ₹2,000 crore worth non-convertible debentures via private placement.

Credit: PNB-Housing-Finance

Angel Broking

Reported a 79 percent surge in net profit to ₹134 crore in the September quarter, while revenue jumped 70 percent to ₹527 crore, year-on-year.

Credit: Angel-Broking

These are the likely changes in digital payments as indicated by the RBI governor