Reliance Industries, Tata Motors, Britannia and other hot stocks on November 8 as markets reopen after Diwali

Nov 8, 2021

By: Rounak Jain

Reliance Industries

Refuted reports of Mukesh Ambani and his family relocating to London, or anywhere else in the world.

Credit: BCCL

Tata Motors

Its subsidiary Jaguar Land Rover has hinted that the semiconductor shortage should start improving in the remaining part of the financial year, according to media reports.

Credit: Tata-Motors

Britannia Industries

The FMCG giant will declare its September quarter results today.

Credit: Britannia

IPO Watch

The highly anticipated Paytm IPO worth ₹8,235 crore will open today.

Credit: Flickr

Earnings today

Britannia, Aurobindo Pharma, HG Infra, Wockhardt, Vijaya Diagnostic Centre, Balrampur Chini Mills, among others.

Credit: Pixabay

GAIL

Received approval from the National Company Law Tribunal to acquire IL&FS’s 26 percent stake in ONGC Tripura Power Company.

Credit: BCCL

Sun TV

Reported a 18 percent surge in net profit to ₹396 crore in the September quarter, while revenue increased 10 percent to ₹849 crore, year-on-year.

Credit: Sun-TV

IndusInd Bank

Denied allegations of “evergreening” loans, a practice that is used to prevent existing loans from turning bad or non-performing.

Credit: BCCL

Divi’s Laboratories

Its net profit surged 15 percent to ₹606 crore in the September quarter, while revenue jumped 14 percent to ₹1,988 crore, year-on-year.

Credit: Divis-Laboratories

Credit Suisse is in trouble, but this is not 2008 – investors remain wary of the ‘all is well’ soundbites