Stocks to watch: ICICI Bank, BoB, Titan Co, Power Grid, IndiGo, Hexaware
At 08:44 AM, Nifty futures on the Singapore Trade (SGX) were being trading seventy one.80 factors or .64 per cent bigger at eleven,365.80, indicating a optimistic start for the Indian market place on Tuesday.
Here is a list of stocks that may possibly trade actively in present-day trading session.
ICICI Lender: Personal financial institution ICICI Lender on Monday released its qualified institutional placement (QIP), placing the floor price at Rs 351.36 per share. The financial institution plans to raise up to Rs 15,000 crore to assistance organization growth and produce a buffer to take in any shock from the economic disruption brought about by the coronavirus pandemic.
Lender of Baroda: Lender of Baroda (BoB) posted a pre-tax decline of Rs 1,308 crore in the quarter ended June 2020 (Q1FY21) due to increase in provisions for common assets, which include all those beneath moratorium and authorities-confirmed financial loans. It had recorded income ahead of tax (PBT) of Rs 991 crore in Q1FY20.
Electrical power Grid: The company on Monday posted an above eighteen per cent drop in its consolidated web income to Rs 2,048.forty two crore for the June 2020 quarter.
Earnings currently: A overall of ninety organizations, which include RITES, Motherson Sumi, and Metropolis Healthcare, are scheduled to announce their June quarter benefits.
Titan Co: With important component of the quarter currently being a finish washout simply because of the lockdown and disruptions brought about by the Covid-19 pandemic, Titan on Monday posted a pre-tax decline of Rs 335 crore for Q1 of FY21. It had documented a income ahead of tax (PBT) of Rs 523 crore in the corresponding quarter of the former financial 12 months.
Equitas Tiny Finance Lender: The tiny finance financial institution on Monday documented a income after tax of Rs sixty crore for the quarter ended June. It had documented a web income of Rs 59 crore in the exact same quarter of the former fiscal.
IndiGo: Interglobe Aviation Ltd, which operates India’s biggest airline IndiGo, mentioned on Monday it will raise up to Rs 4,000 crore ($533.70 million) via the sale of shares to institutional investors, as it seems to be to regulate hard cash all through the Covid-19 pandemic which has hit its functions.
Shree Cement: Web income of the company declined thirteen.19 per cent to Rs 329.sixty crore in the quarter ended June 2020 as towards Rs 379.67 crore in the 12 months-ago interval.
Triveni Engineering: Web income rose a hundred and fifty.23 per cent to Rs 80.forty crore in the quarter ended June 2020 as towards Rs 32.thirteen crore all through the former quarter ended June 2019.
Hexaware: The IT company has gained acceptance from a majority of its shareholders to delist from the exchanges.
CSB Lender: Madhavan Aravamuthan was on Monday appointed the new chairman of Fairfax-backed CSB Lender. He is an unbiased director of the financial institution considering the fact that December thirteen, 2018.
KEC Global: The company on Monday introduced a web income of Rs seventy one crore towards Rs 89 crore in the 12 months-ago interval. Profits stood at Rs 2,207 crore towards Rs 2,412 crore in Q1FY20.
