January 29, 2021 08:51 AM
NEW DELHI: Here is a list of top 10 stocks in focus on Friday.
Tata Motors: Is expected to report double digit growth in consolidated revenue and operating profit for the December quarter, led by improved sales of Jaguar land Rover in major markets like China. According to brokerage Emkay Global, the carmaker is likely report a 92% year-on-year increase in net profit to Rs2,957.2 crore as result of 20% jump in net sales to Rs86,364.3 crore.
Maruti Suzuki: Reported a 24% rise in quarterly profit, beating analysts’ estimates, aided by strong demand for its vehicles in the festival season. Net profit rose to Rs1,941.4 crore during the December quarter from Rs1,564.8 crore a year ago. That compared with the Rs1,859.9 crore consensus estimate of analysts surveyed by Bloomberg.
Bharti Airtel: Has announced that it had successfully conducted a live demonstration of 5G service over a commercial network in Hyderabad. The demonstration was conducted over an existing liberalised spectrum in the 1800 megahertz (MHz) band. Separately, it added 4.37 million subscribers in November, taking its customer base to 28.97%.
InterGlobe Aviation: Stocks in focus Which runs IndiGo, plunged into a fourth straight quarterly net loss as the pandemic crimped demand for air travel. Losses, however, almost halved sequentially to Rs620.14 crore in the three months ended December. IndiGo had posted a net profit of Rs495.97 crore in the December quarter of the previous year.
Hindustan Zinc: With marketing plan for every new minor metal being chalked out, Hindustan Zinc, the country’s only integrated zinc producer, will have its cadmium metal unit up and running by the first quarter of FY22.
PVR Ltd: BNP Paribas Arbitrage bought 3,05,739 shares of the company at an average price of Rs1,489.62 apiece in a bulk deal on the NSE. Later, BNP Paribas sold 3,906 shares of the company at an average price of Rs1,513.88 per share. Sylebra Capital Partners Master Fund sold 3,07,037 shares of PVR at an average price of Rs1,490.45 on the NSE.