You are here: Home » Markets » News
Business Standard

Stocks to watch: TCS, RIL, Tata Motors, Vedanta, banks, Hindalco, Hero Moto

Here's a list of stocks that may trade actively in today's session.

Topics
stocks to watch | Stocks in focus | Markets

SI Reporter  |  New Delhi 

Markets roar back after Budget shock; Sensex zooms 917 pts, Nifty at 11,980
Tata Motors on Thursday reported a 5.09 per cent increase in total sales to 110,379 units in the second quarter of the current fiscal.

At 08:40 AM, Nifty futures on the Singapore Exchange (SGX) traded 8 points, or 0.07 per cent lower at 11,432, indicating a flat start for the Indian market on Monday.

Here's a list of stocks that may trade actively in today's session.

TCS: The IT major is slated to release its September quarter earnings on October 7 (Wednesday). The company will also consider a proposal for buyback of equity shares of the company.

RIL: Indian oil-to-telecoms conglomerate Reliance Industries Ltd said on Saturday Singapore sovereign wealth fund GIC and global private equity firm TPG Capital invested a combined Rs 7,350 crore (about $1 billion) in its retail unit.

Banks: On Saturday, the government told the Supreme Court that it would waive interest on the repayment of loans of up to Rs 2 crore. While this may be a relief for MSME borrowers, it could spell additional burden for banks.

Tata Motors: Tata Motors on Thursday reported a 5.09 per cent increase in total sales to 110,379 units in the second quarter of the current fiscal.

Hero MotoCorp: The company registered record sales of 715,718 units in September 2020 – its highest sales in a single month in the calendar year of 2020.

Vedanta posted a 23.5 per cent drop in quarterly profit as one of the world’s strictest lockdowns hit production and demand. Group net income slumped to Rs 1,033 crore ($141 million) in the three months to June from Rs 1,351 crore a year earlier. READ MORE

Hindalco: Novelis, the subsidiary of Hindalco Industries, on Friday announced that it has sold the former Aleris plant in Duffel, Belgium to ALVANCE, the international aluminium business of the GFG Alliance.

Dr Reddy's on Saturday announced the launch of a generic version of Sapropterin Dihydrochloride Tablets, for oral use.

Angel Broking will debut at the bourses today. The issue price is fixed at Rs 306 per share, the higher end of the price band.

Route Mobile: The company announced the acquisition of key technologies and its related contracts from TeleDNA Communications Private Limited ('TeleDNA').

ITI on Thursday signed Rs 7,796 crore Phase IV Project of Army Static Switched Communication Network (ASCON) for deploying strategic network for secured communication across the country and subsequent maintenance for next 10 years.

Dear Reader,


Business Standard has always strived hard to provide up-to-date information and commentary on developments that are of interest to you and have wider political and economic implications for the country and the world. Your encouragement and constant feedback on how to improve our offering have only made our resolve and commitment to these ideals stronger. Even during these difficult times arising out of Covid-19, we continue to remain committed to keeping you informed and updated with credible news, authoritative views and incisive commentary on topical issues of relevance.
We, however, have a request.

As we battle the economic impact of the pandemic, we need your support even more, so that we can continue to offer you more quality content. Our subscription model has seen an encouraging response from many of you, who have subscribed to our online content. More subscription to our online content can only help us achieve the goals of offering you even better and more relevant content. We believe in free, fair and credible journalism. Your support through more subscriptions can help us practise the journalism to which we are committed.

Support quality journalism and subscribe to Business Standard.

Digital Editor

First Published: Mon, October 05 2020. 08:41 IST
RECOMMENDED FOR YOU