Power Grid, ITC, Tata Steel and other top stocks to watch out for on August 12
Aug 12, 2021
Credit: BCCL
Power Grid Corporation
Its board has approved a fresh infusion of ₹425 crore equity in Energy Efficiency Services, a joint venture of Power Grid, NTPC, PFC and REC.
Credit: BCCL
ITC
To launch a “super app” for farmers called ITC MAARS. It has fast tracked its adoption of e-commerce, expecting a surge in home delivery and contactless shopping.
Credit: ITC
Tata Steel
It is expected to declare its June quarter results today.
Credit: Tata Steel
Earnings today
IRCTC, Tata Steel, Hero MotoCorp, BPCL, Eicher Motors, Oil India, Natco Pharma, Bharat Forge, 3M India, Anjani Portland Cement, Dish TV India, Finolex Cables, GMM Pfaudler, GOCL Corporation.
Credit: Pixabay
Earnings today
Goodyear India, GR Infraprojects, Hester Biosciences, IRCON International, Matrimony.com, Minda Corporation, RailTel, Rites, Suryoday Small Finance Bank, among others.
Credit: Pixabay
IPO Watch
CarTrade Tech IPO subscribed 20 times, Chemplast Sanmar subscribed 0.26 times and Aptus Value Housing Finance subscribed 0.37 times on day 2.
Credit: Flickr
Bata India
Narrowed its loss to ₹69 crore in the June quarter as against ₹101 crore a year ago. Revenue nearly doubled to ₹267 crore in the same period.
Credit: BCCL
Zomato
Its subsidiary has divested its stake in Nextable Inc., for $1,00,000.
Credit: Zomato
PTC India
Reported a 36 percent jump in net profit to ₹136 crore in the June quarter, while revenue surged to ₹4,960 crore, year-on-year.
Credit: PTC India
Wipro
Partnered with US-based IP Infusion to provide solutions to simplify management across 5G networks, enhance network automation and improve efficiency in spending.
Credit: Wipro