Indian shares are likely to open little changed on Wednesday following flat trading in global markets. Investors also await RBI monetary policy announcement on Thursday. Among the stocks in news today, Bharti Airtel, TVS Motor and Tata Global Beverages reported Q3FY20 earnings, and Sun Pharma has launched ABSORICA capsules in the US.
Here are the top stocks to watch out for in today’s trade:
Bharti Airtel posts a consolidated net loss of Rs 1,035 crore for Q3FY20, while total income rises 8.5 percent to Rs 21,947 crore YoY.
JSW Energy reports over two fold rise in net profit to Rs 394 crore for Q3FY20, boosted by Rs 454-crore one-time income.
Sun Pharma launches ABSORICA capsules in US for the management of severe recalcitrant nodular acne in patients 12 years of age and older.
CSB Bank reports a net profit of Rs 28.14 crore for Q3FY20, compared to Rs 74 lakh in the previous fiscal.
Central Bank of India says it will raise up to Rs 500 crore by issuing Basel III compliant bonds.
Gati posts a consolidated loss of Rs 5.15 lakh during Q3FY20, compared to Rs 4.21 crore in the year ago quarter.
Mahindra Logistics’ Q3FY20 consolidated net profit falls 19.13 percent to Rs 15.67 crore.
SRF board approves a project for setting up a range of dedicated plants to produce speciality chemicals at an estimated cost of Rs. 238 crore.
Cadila Healthcare says the USFDA concludes inspection of a manufacturing facility of Alidac Pharma, located at SEZ, Ahmedabad.
TVS Motor reports a 20.7 percent decline in consolidated net profit at Rs 156.84 crore for Q3FY20, hit by lower sales during the period.