vodafone idea shares: Stocks in the news: Voda Idea, Tata Steel, Hero...

vodafone idea shares: Stocks in the news: Voda Idea, Tata Steel, Hero MotoCorp, BPCL & Tata Motors


NEW DELHI: Trading in SGX Nifty futures suggest Indian equity indices will open slightly lower on Friday as investors await clarity on the US stimulus package. Market participants will keep an eye on AGR hearing scheduled later in the day.

Here are a few stocks that may buzz during the day:

Tata Steel: Tata Steel believes the worst is behind, and it treads water with cautious optimism after it reported a net loss for the third quarter in a row, this time with Covid-19 intensifying the losses.

Hero MotoCorp: Top two wheeler maker Hero MotoCorp said it is already seeing greenshoots and expects them to sustain and strengthen towards the festive season, after it reported a 95.12 per cent plunge in its June quarter net profit.

BPCL: State-run Bharat Petroleum Corporation Ltd (BPCL) said its consolidated net profit in the quarter ended June rose 21.6 per cent to Rs 2,187.74 crore.

Tata Motors: Tata Motors said it has launched the country’s first 47.5-tonne multi-axle tipper truck for surface transport of coal and construction goods, priced at Rs 52.81 lakh (ex-showroom Mumbai).

Larsen & Toubro: L&T has bagged orders for sewage treatment plant, buildings and factories, the engineering major said on Thursday. The company did not disclose the size of the orders but stated that these orders together are in the range of Rs 1,000 crore- Rs 2,500 crore.

Voda Idea, Airtel: Supreme Court to hear submissions from companies and government on the adjusted gross revenue (AGR) issue.

Q1 earnings: NTPC, Berger Paints, Glenmark Pharmaceuticals, Sun TV Network, Nagarjuna Fertilizers, MRF, Greenply Industries, HG Infra are scheduled to report their June quarter earnings on Friday.

EIH: Hospitality major EIH Ltd, which runs hotels and resorts under the Oberoi and Trident brands, on Thursday reported a consolidated net loss of Rs 152.06 crore for the quarter ended June 30, 2020 due to the adverse impact of COVID-19 pandemic.

Eicher Motors: Eicher Motors broke into the red during the June-quarter as sales crashed to a third in its two-wheelers business while commercial vehicles (CV) sales declined by 84 per cent during a quarter of economic downturn and lockdowns to contain the coronavirus pandemic.

Indostar Capital: Non-bank lender IndoStar Capital Finance on Thursday said it will raise up to Rs 10,000 crore by issuing bonds on a private placement basis.

PFC: State-run Power Finance Corporation (PFC) on Thursday reported a 23 per cent rise in consolidated net profit at Rs 3,557.23 crore during the quarter ended June 30, helped by rise in income.

Aditya Birla Fashion: Aditya Birla Fashion and Retail Ltd on Thursday reported a consolidated net loss of Rs 410.36 crore for the quarter ended June, impacted by the coronavirus pandemic. The company had posted a net profit of Rs 21.56 crore in the same quarter a year ago.

Grasim: Grasim Industries on Thursday reported a 66.61 per cent year-on-year fall in net profit at Rs 620.74 crore for the quarter ended June.

DB Corp: Media house DB Corp on Thursday reported a consolidated net loss of Rs 48.04 crore for June quarter 2020 impacted by COVID-19 related disruptions in the market.

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