RIL, Jubilant Foodworks, Bajaj Auto and other stocks to watch out for on October 20

Oct 20, 2021

By: Rounak Jain

Credit: BCCL

Reliance Industries

Its subsidiary acquired a 52 percent stake in popular designer Ritu Kumar’s company, Ritika Pvt. Ltd.

Credit: Reliance Industries

Jubilant FoodWorks

The Domino’s franchise operator will declare its September quarter results today.

Credit: Unsplash

Bajaj Auto

Media reports suggest that the company has shut its plant in Uttarakhand due to cloudburst and floods.

Credit: Bajaj Auto

Earnings today

Jubilant Foodworks, Just Dial, Shoppers Stop, Angel Broking, Tata Communications, Taj GVK Hotels & Resorts, Havells India, among others.

Credit: Pixabay

Nestle India

The Maggi maker reported a net profit of ₹617 crore in the September quarter as against ₹587 crore a year ago. Revenue surged 9.6 percent to ₹3,883 crore.

Credit: Nestle India

HCL Technologies

Teamed up with Innovaccer Inc., a healthcare company, to help healthcare organisations boost health-tech adoption.

Credit: HCL Technologies

L&T Technology Services

Reported a 6.5 percent surge in net profit to ₹230 crore in the September quarter, while revenue rose 6 percent to ₹1,608 crore, quarter-on-quarter.

Credit: BCCL

Bajaj Finserv

Incorporated an asset management company called Bajaj Finserv AMC, which will manage mutual fund plans.

Credit: Bajaj Finserv

Deepak Fertilisers

Launched a qualified institutional placement on October 19 at a floor price of ₹422.8 per share, which is at a discount of 2.4 percent compared to its last closing price.

Credit: Pixabay

IEX, L&T Infotech, TTK Prestige and two other stocks that have ignored the market mood to hit a one-year high