Stocks to watch: YES Bank, telcos, Ashok Leyland, Nestle, BPCL, IRCTC

Jannie Delucca

At 08:48 am, Nifty futures on the Singapore Trade (SGX) ended up buying and selling 11.5 factors or .09 for every cent reduce at twelve,217.fifty, indicating a muted commence for domestic fairness market on Thursday.

Here’s a glimpse at the prime shares that may possibly trade actively in today’s buying and selling session –

Yes Financial institution: The personal sector financial institution will hold off the announcement of its December quarter (Q3) final results as it is in talks with opportunity traders, including JC Flowers and Silver Issue Cash, for elevating fairness funds. Read More

Bharti Airtel, Vodafone Idea: As for every reports, the Office of Telecommunications programs to send out out letters to Bharti Airtel and Vodafone Idea, in search of payment of dues, if the industry’s modification plea on the AGR challenge is not taken up by the Supreme Court docket this 7 days. Read More

Ashok Leyland: Industrial vehicle big Ashok Leyland has documented an 89 for every cent drop in earnings before tax at Rs fifty four.17 crore for the quarter ended December 31, 2019 from Rs 483.fifty seven crore, a 12 months back.

IRCTC: Indian Railway Catering & Tourism Corporation (IRCTC) on Wednesday posted a 179.sixty five for every cent 12 months-on-12 months (YoY) increase in earnings at Rs 205.eighty crore for the quarter ended December 31.

Earnings right now: About 615 companies, including BPCL, Vodafone Idea, and Nestle, are scheduled to report their December quarter earnings right now.

Natco Pharma: Drug firm Natco Pharma on Wednesday documented a 34.forty six for every cent fall in consolidated net earnings to Rs 104.four crore for the quarter ended December 2019. The firm experienced posted a net earnings of Rs 159.three crore for the corresponding period of time of the former fiscal, Natco Pharma claimed in a submitting to BSE.

Dr Reddy’s, Wockhardt: Dr Reddy’s Laboratories on Wednesday announced an arrangement with Wockhardt Ltd. to acquire choose divisions of its branded generics organization in India, Nepal, Sri Lanka, Bhutan and Maldives for a consideration of Rs one,850 crore. Shares of the companies are envisioned to trade actively in today’s session.

Dish Television set India Ltd on Wednesday documented a consolidated net reduction of Rs sixty six.77 crore for the third quarter ended December, 2019. The direct-to-home (DTH) firm experienced posted a net earnings of Rs 152.sixty nine crore in Oct-December quarter a 12 months-back.

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