Top stocks to watch on January 20

Jan 20, 2021

By: Navdeep Yadav

Indian Railway Finance Corporation IPO subscribed 1.22 times on day two

The ₹4,600 crore IPO of IRFC clocks in strong response, got fully subscribed on the second day.

Credit: IRFC

​Big Bull reduces stake in Federal Bank

Rakesh Jhunjhunwala reduced stake in the bank to 2.4 percent in December from 2.71 percent earlier in September.

Credit: BCCL

​Tyre maker CEAT doubles quarterly profit

Management expects some margin pressure in the next quarter as raw material prices rise.

Credit: Unsplash

​Bajaj Finance to post its Q3 earnings today

The street expects margins to be under pressure, dented by spiked bad loans.

Credit: Bajaj-Finance

​L&T Infotech profit jumps on higher revenues, margins

The net income margin expanded to 16.5 percent against 13.4 percent in the year-ago period.

Credit: LTI

​Indian Bank fundraising plans

The stock has gained nearly 3 percent in the last week.

Credit: Indian-Bank

​Tata Steel BSL

The company reported a net profit of ₹913.2 crore in December quarter.

Credit: BCCL

​Mutual Funds pare stake in Vedanta

MFs reduced stake in the company to 5.56 percent in December from 8.64 percent earlier in September.

Credit: BCCL

​Invest wisely

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Credit: Unsplash

Adani family infuses ₹6,661 crore in Ambuja Cements, increases stake to 66.7%