Bharti Airtel, Indian Oil Corp, Raymond among stocks to watch out for on May 17

May 17, 2022

By: Bhakti Makwana

Aditya Birla Capital

The company informed the exchanges that it received a whistleblower complaint against Aditya Birla Sun Life and its employees. It also said that an independent investigation into the allegations found no merit in the complaint.

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Raymond

The company’s net profit grew over four-fold to ₹264 crore for Jan-Mar quarter aided by buoyant demand and strong consumer sentiments during the period.

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GlaxoSmithKline Pharma

The pharma company reported a net loss of ₹55 crore for the Jan-Mar quarter as against a net profit of ₹4 crore last year.

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VIP Industries

The company reported a profit of ₹12 crore in Jan-Mar against a loss of ₹4 crore last year.

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Greenply Industries

The plyboard company reported a marginal increase of 1.2 percent in consolidated net profit to ₹29 crore for the March quarter.

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KEC International

The firm informed that it received orders worth ₹1,150 crore across its various businesses.

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IRB Infrastructure

The highway construction company reported a toll collection of ₹327 crore in April, which jumped from ₹306 crore in March.

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IPO watch

The most awaited IPO of life insurance behemoth LIC will make its debut on stock exchanges today. Meanwhile, Paradeep Phosphates IPO has opened for subscriptions from today.

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Earnings today

Bharti Airtel, Indian Oil Corporation, Dr Lal Pathlabs, Bajaj Electricals, Bajaj Healthcare, DLF, Abbott India, EID Parry India, Jubilant Ingrevia are among the companies which will release their quarterly earnings today.

Credit: BCCL

Indian gangs are 'fake-killing' people to claim life insurance payouts, report says