Top stocks to watch on January 28

Jan 28, 2021

By: Navdeep Yadav

​Hero MotoCorp rides into Mexico

Signs a distribution agreement with Ricardo Salinas-led Grupo Salinas to sell its bikes in Mexico.

Credit: BCCL

​PVR opens QIP issue to raise ₹800 crore

Floor price fixed at ₹1,495.93 per share, QIP is share sale to qualified institutional investors.

Credit: BCCL

​Aditya Birla Fashion acquires 51 percent stake in designer brand Sabyasachi

The cost of acquisition will be approximately ₹398 crore.

Credit: BCCL

​HUL top line grew 20 percent during the quarter

The volume growth is mere 7 percent, excluding the consumer businesses acquired from GSK and VWash.

Credit: BCCL

​Axis Bank’s puts up a subdued show

The net profit fell 36 percent year-on-year led by prudent expenses and provisioning charges during the quarter.

Credit: BCCL

​SBI appoints Swaminathan Janakiraman and Aswini Kumar Tewari as MDs

Janakiraman is currently deputy MD (Finance) at SBI and Tewari is MD and CEO at SBI Cards.

Credit: BCCL

​Maruti Suzuki earnings: double-digit growth in net profit expected

Margins are likely to expand on the back of positive operating leverage and lower discounts to dilute input cost.

Credit: BCCL

​GMR raises $300mn through bonds for Hyderabad airport expansion

The proceeds will be used to increase the airport capacity to 34 million passengers per annum.

Credit: BCCL

​Invest wisely

Visit businessinsider.in

Credit: BCCL

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