Zomato, Reliance Industries, Bharti Airtel and other top stocks to watch out for on July 23

Jul 23, 2021

By: Rounak Jain

Zomato

All eyes on Zomato today as the food delivery giant’s shares list on the stock exchanges today. The Zomato IPO was oversubscribed by over 38 times.

Credit: Zomato

Reliance Industries

The oil-to-retail-to-digital conglomerate will report its June 2021 quarter earnings today.

Credit: BCCL

Bharti Airtel

The Supreme Court will deliver its verdict today on the AGR dues recomputation appeal.

Credit: BCCL

Earnings today

Reliance Industries, JSW Steel, Ambuja Cements, United Spirits, Yes Bank, SBI Cards and Payment Services, Majesco, Panacea Biotec, Federal Bank, among others.

Credit: Pixabay

IPO Watch

Rakesh Jhunjhunwala-backed Star Health has sought SEBI nod for its IPO.

Credit: Flickr

Tata Power

Will sell its 100 percent stake in Trust Energy Resources to Tata Power International, its wholly-owned subsidiary, in a transaction amounting to $286 million.

Credit: Tata-Power

UltraTech Cement

Prepaid long-term loans amounting to ₹5,000 crore in July.

Credit: UltraTech-Cement

Wipro

Launched FieldX, a cloud-based digital service lifecycle automation solution, to help organisations scale up their after-sales customer service operations.

Credit: Wipro

Hero MotoCorp

Launched an updated version of its scooter, Maestro Edge 125. Prices start at ₹72,250.

Credit: Hero-MotoCorp

Mphasis

Reported a net profit of ₹340 crore in the June 2021 quarter, up from ₹317 crore in the previous quarter. Revenue rose 6.6 percent to ₹2,691 crore, quarter-on-quarter.

Credit: Mphasis

FPIs make remarkable comeback, infuse ₹2 lakh cr in FY24