The GIFT Nifty futures, which is an early indicator of the Nifty50 index, was trading 0.19% lower by 41.50 points at 22,112, indicating that the domestic benchmark indices are likely to make a negative start on Thursday.
On Tuesday, 16 April, Domestic benchmark indices S&P BSE Sensex fell 456.10 points, or 0.62%, to end at 72,943.68 while the Nifty50 traded 124.60 points, or 0.56% lower and settled at 22,147.90.
Here are some stocks that are likely to remain in focus on 18 April.
Quarterly Results Today: Infosys, HDFC Life, Bajaj Auto, Network 18, RS Software, Orient Hotels, Mastek, ICICI Securities, CRISIL, Angel One, TV18 Broadcast are some of the prominent companies that are set to release their quarterly earnings for January-March.
Ambuja Cement: On 17 April, the Adani family had fully subscribed to the warrants program in Ambuja Cements by further infusing Rs 8,339 crore and raising its stake in the company to 70.3%.
Paytm: The company has received approval from the National Payment Corporation of India to migrate the existing Paytm Payments Bank UPI handle to the new Payment System Provider bank handles.
Vodafone Idea: Prior to the company’s follow-on public offer, Vodafone Idea had allotted 4.9 billion shares to anchor investors at Rs 11 per share and raised Rs 5,400 crore.
ICICI Lombard: The company announced its quarterly earnings for January-March, reporting an 18.9% year-on-year increase in net profit to Rs 519.50 crore, driven by strong growth in premium and investment income.
Zee Entertainment Enterprises: The board of directors of the company gave approval for a lean organisation structure, which was proposed by the company’s MD and CEO Punit Goenka.
Brigade Enterprises: The company posted presales of Rs 6,013 crore during the financial year 2024 and presales of Rs 2,243 crore during the January-March quarter
Aditya Birla Capital: The company is planning to onboard 30 million new customers with the help of its new ABCD mobile application in the next three years.
The post Stocks in Focus: Vodafone Idea, ICICI Lombard, Paytm, Ambuja Cement, and Others appeared first on Equitypandit.
The GIFT Nifty futures, which is an early indicator of the Nifty50 index, was trading 0.19% lower by 41.50 points at 22,112, indicating that the domestic benchmark indices are likely to make a negative start on Thursday. On Tuesday, 16 April, Domestic benchmark indices S&P BSE Sensex fell 456.10 points,…
The post Stocks in Focus: Vodafone Idea, ICICI Lombard, Paytm, Ambuja Cement, and Others appeared first on Equitypandit. Read MoreMARKETS, Stocks in Focus, Stocks to Watch, Stocks today
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