Stocks to watch Today: Here is a list of top Stocks in News that are likely to be in focus in Thursday’s trading session based on latest developments. Investors are also awaiting Q3 earnings that are scheduled to be released today. Companies set to announce their earnings are ITC, Coal India, Power Grid Corporation, ACC, Ashok Leyland, Ashapura Minechem, Atul Auto, Bajaj Hindustan Sugar, Bayer Cropscience, Bosch.
Aurobindo Pharma: The company reported sharply higher profit at Rs 2,946.3 crore in Q3FY21 as against Rs 705.3 crore in Q3FY20, while its revenue rose to Rs 6,364.9 crore from Rs 5,895 crore YoY.
Titan Company: The Tata group firm reported Stocks in News an 11.81% increase in consolidated net profit to Rs 530 crore for the third quarter. Company’s revenue rose to Rs 7,287 crore from Rs 6,206.2 crore YoY.
Pricol: The company appointed P Krishnamoorthy as Chief Financial Officer and Key Managerial Personnel.
Crompton Greaves Consumer Electricals: Promoter Amalfiaco Ltd, and PACs reduced stake in the company to 11.36% from 17.4% earlier, via open market sale.
Gujarat State Petronet: The company reported consolidated profit at Rs 650.3 crore in Q3FY21 as against Rs 408.75 crore in Q3FY20, while its revenue increased to Rs 3,339.66 crore from Rs 3,085.5 crore YoY.
Magma Fincorp: Adar Poonawalla’s Rising Sun Holdings to launch open offer to acquire up to 26% stake at Rs 70 per share. Magma Fincorp will allot 458 million Stocks in News to Rising Sun Holdings.
Bank of India: The Competition Commission of India approved acquisition of BOI AXA Invst Managers & BOI AXA Trustee Services by Bank of India.
Bharat Petroleum: The company announced that it will buy a 36.62 per cent stake in Bharat Oman for around Rs 2,400 crore.
Renuka Sugars: The company said that it will invest Rs. 200 crore on capacity expansion projects.