IRCTC, Infosys, InterGlobe Aviation and other trending stocks on October 29

Oct 29, 2021

By: Rounak Jain

IRCTC

To share half of the revenue it makes in the form of service charges with the government. Some analysts predict this to be around ₹780 crore by FY23-24.

Credit: IRCTC

Infosys

Entered into a partnership with British oil giant BP to co-develop a ‘Energy as a Service’ solution that would allow businesses to improve their energy efficiency.

Credit: Infosys

InterGlobe Aviation

Its loss widened to ₹1,436 crore in the September quarter from ₹1,195 crore a year ago. Revenue more than doubled to ₹5,608 crore in the same period, year-on-year.

Credit: BCCL

Tata Power

Reported a 36 percent increase in net profit to ₹506 crore in the September quarter due to savings in finance costs. Revenue increased over 20 percent to ₹10,187 crore, year-on-year.

Credit: Tata-Power

Adani Total Gas

Net profit surged nearly six times to ₹100 crore while revenue nearly doubled to ₹1,411 crore in the September quarter, year-on-year.

Credit: Adani-Total-Gas

Wipro

Partnered with Oracle to launch the Wipro Tollway Transportation and Billing solution, offering toll operators an option to optimise their operations and improve profitability.

Credit: Wipro

NTPC

Net profit up 5 percent to ₹3,599 crore in the September quarter while revenue increased 17 percent to ₹32,404 crore, year-on-year.

Credit: NTPC

Earnings today

BPCL, Vedanta, Dr. Reddy’s Laboratories, Adani Transmission, JSW Energy, Apollo Tyres, Steel Authority of India, GlaxoSmithKline Pharma, Nazara Technologies, Indigo Paints, Exide Industries, among others.

Credit: Pixabay

IPO Watch

Nykaa IPO subscribed 1.55 times on Day 1.

Credit: Flickr

Zomato’s Blinkit buy is a poison pill that will burn cash and delay profits