Bharti Airtel, SBI, HDFC Life Insurance and other hot stocks on November 3 ahead of Diwali
Nov 3, 2021
Credit: BCCL
Bharti Airtel
Reported a net profit of ₹1,134 crore during the September quarter, as against ₹284 crore in the previous quarter. This is on account of a one-time receipt of ₹722 crore from Reliance Jio towards spectrum transfer.
Credit: BCCL
Contd...
Airtel’s average revenue per user stood at ₹153 during the quarter, which is an increase of nearly 5 percent when compared to the previous quarter.
Credit: Bharti Airtel
State Bank of India
India’s largest bank will declare its September quarter results today.
Credit: Wikimedia
HDFC Life Insurance
The Competition Commission of India has approved the acquisition and merger of Exide Life with HDFC Life Insurance.
Credit: HDFC Life Insurance
Earnings today
State Bank of India, Pfizer, Eicher Motors, Aditya Birla Fashion and Retail, Bata India, Gujarat State Petronet, RattanIndia Power, Uflex, among others.
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IPO Watch
Policybazaar IPO subscribed 1.59 times on Day 2. Fino Payments Bank IPO subscribed 2.03 times on Day 3. SJS Enterprises IPO subscribed 0.51 times on Day 2.
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Infosys
Infosys Finacle and IBM team up to help banks accelerate the adoption of cloud technologies.
Credit: Infosys
Info Edge
To invest ₹41 crore in Metis Eduventures, which operates Adda247, an online portal for government jobs and more.
Credit: Info Edge
MTAR Technologies
Reported a net profit of ₹19 crore in the September quarter as against ₹14 crore a year ago. Revenue surged 25 percent to ₹91 crore.
Credit: MTAR Technologies