SBI, Tata Power, L&T Infotech and other top stocks to watch out for as Nifty looks to extend its bull run

Oct 19, 2021

By: Rounak Jain

State Bank of India

RBI has imposed a ₹1 crore penalty on SBI for violating norms related to fraud classification and reporting.

Credit: Wikimedia

Tata Power

Its Mundra plant will start supplying power to Punjab and Gujarat at ₹4.5-5.5 per unit. Three more states could join, according to media reports.

Credit: Tata-Power

L&T Infotech

Its September quarter net profit surged 11 percent to ₹552 crore, while revenue increased 9 percent to ₹3,767 crore, quarter-on-quarter.

Credit: LT-Infotech

Contd...

It has also declared an interim dividend of ₹15 per share.

Credit: LT-Infotech

Dixon Technologies

Its subsidiary has entered into a partnership with Orbic, a US-based smartphone company to manufacture smartphones at its facility in Noida.

Credit: Dixon-Technologies

Airtel, Vodafone Idea

The telecom department has written to telcos to convey whether they will apply for AGR moratorium and the equity conversion scheme.

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Earnings today

Nestle India, Hindustan Unilever, Tata Steel BSL, L&T Technology Services, Jubilant Ingrevia, Rallis India, ACC, DCM Shriram, among others.

Credit: Pixabay

IPO Watch

Penna Cement Industries has received approval for its ₹1,550 crore IPO.

Credit: Flickr

Indian Energy Exchange

Its board will meet on October 21 to consider a proposal for issuing bonus shares.

Credit: Unsplash

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