Will the FPO fund infusion solve Vodafone Idea’s problems?
Will a capital infusion of Rs 45,000 crore be enough for Vodafone Idea? Will the capital investment plan help in the turnaround of the company? Should existing and new investors invest in FPO? Watch this video to know-
Here is the list of top stocks that could be in focus on Wednesday.
Results today: Bharti Airtel, Adani Enterprises, Adani Green Energy, Apollo Tyres, Aptech, Astral Poly Technik, Bajaj Consumer Care, City Union Bank, Deepak Fertilisers, Indian Hotels, Inox Leisure, Jubilant FoodWorks, PNC Infratech, Ujjivan Small Finance Bank, V-Guard Industries and VIP Industries are slated to announce their financial results on Wednesday.
Tata Consumer Products: The company’s consolidated net profit rose 29% to Rs 237 crore on 23% rise in revenue from operations to Rs 3070 crore in Q3 December 2020 over Q3 December 2019.
Ajanta Pharma: The pharma company’s consolidated net profit jumped 64.23% to Rs 176.63 crore on 13.27% rise in total income to Rs 754.22 crore in Q3 December 2020 over Q3 December 2019.
Adani Enterprises: Adani Enterprises informed that the company has incorporated a wholly-owned subsidiary namely, Azhiyur Vengalam Road, on February 1 to carry out the development, maintenance and management of the project in Kerala.
Ratnamani Metals: The company’s consolidated net profit dropped 40.46% to Rs 60.15 crore on 41.07% fall in total income to Rs 454.37 crore in Q3 December 2020 over Q3 December 2019.
PNC Infratech: Its wholly-owned subsidiary PNC Unnao Highways received financial closure for one of the highway projects in Uttar Pradesh on hybrid annuity mode.