Indian benchmark indices BSE Sensex and NSE’s Nifty 50 are expected to open on a cautious note as retail inflation and industrial production data showed more troubles for the Indian economy. Among the stocks in news, Ashok Leyland, Torrent Power and IRCTC reported their Q3 earnings. Yes Bank delayed its Q3 results and said that it received EoIs from new investors.
Here is a list of top stocks to watch out for today:
Yes Bank says it has received a non-binding expression of interest from investors and delays Q3FY20 financial results.
Bharti Airtel subsidiary Network i2i plans to raise funds up to $250 million (approximately Rs 1,780 crore) through perpetual bonds.
Ashok Leyland’s Q3FY20 consolidated net profit falls 86.68 percent to Rs 57.11 crore, while revenue declines to Rs 5,188.84 crore from Rs 7,489.64 crore a year ago.
Tata Chemicals promoter Tata Sons will increase the stake in the company to 25.26 percent by acquiring shares aggregating to 1.08 percent stake from other group firms.
General Insurance Corporation of India (GIC Re) receives licence from Bank of Russia to commence reinsurance business in Russia.
State-owned NBCC reports a 41 percent fall in consolidated net profit at Rs 49.53 crore for Q3FY20.
Godrej Properties says it will challenge the NGT order quashing environmental nod granted to one of its housing project in Bengaluru.
KNR Constructions unit KNR Somwarpet Infraproject receives Rs 1,145 crore project from the Karnataka state government.
Torrent Power’s Q3FY20 consolidated net profit rises over 76 percent to Rs 420.62 crore.
State-owned IRCTC registers a healthy 179.66 percent year-on-year growth in Q3FY20 profit at Rs 205.8 crore.