Market

Top stocks to watch out for on January 23: SBI, ITC, Interglobe Aviation, Jaypee Infratech

Updated : January 23, 2019 07:34 AM IST

IL&FS Transportation Networks Limited: The company, in an exchange filing, said it defaulted in the payment of interest due on non-convertible debentures (NCDs) because of insufficient funds. (Picture credits: Reuters)

Lenders and home buyers of Jaypee Infratech may extend by around 15 days the January 27 deadline to submit proposals to revive the debt-ridden firm as shortlisted bidders have sought more time, sources told PTI. (Picture credits: Reuters/Caption credits: PTI)

The country’s largest lender State Bank of India (SBI) has put 5 loan accounts, with loans worth Rs 430, for sale to asset reconstruction companies (ARCs) and financial companies. The bank is also looking to sell 197 Small and Medium Enterprises (SME) accounts to recover dues of nearly Rs 3,220 crore. (Picture credits: Reuters).

Results today: ITC, Bharti Infratel, InterGlobe Aviation, Vijaya Bank, Premier Explosives, Indoco Remedies, Raymond, Navin Fluorine International, Sintex Plastics Technology, Mafatlal Finance, Hathway Cable & Datacom, Dishman Carbogen Amcis, Orient Paper & Industries, Radico Khaitan, Tejas Networks, BASF India, Essel Propack, Wendt (India), Vijaya Bank, Ujjivan Financial Services, Oriental Hotels, Mafatlal Finance, Pidilite Industries, Can Fin Homes, Everest Industries, JM Financial, DB Corp, United Spirits, Bank of Maharashtra, Tanla Solutions, Kewal Kiran Clothing, Thirumalai Chemicals, Reliance Communications, Atlanta.

Reliance Industries (RIL) on Tuesday said the Competition Commission of India approved the company to acquire stake in Den Networks and Hathway Cables. (Picture credits: Reuters)

ICICI Prudential Life Insurance: The company's third-quarter profit fell to Rs 296.77 crore versus Rs 452.10 crore; new premium income rose to Rs 7,483 crore versus Rs 6,795 crore on a year-on-year basis. (Picture credits: stock image)

Shriram Transport raised Rs 500 crore via NCDs. (Picture credits: stock image)

Real estate developer Oberoi Realty Tuesday reported 15 percent increase in its consolidated net profit to Rs 137.93 crore for the quarter ended December 31. Its net profit stood at Rs 120.19 crore in the year-ago period, the Mumbai-based company said in a regulatory filing. (Picture credits: Reuters/Caption credits: PTI)