Based on the respective development of the company’s following stocks are to be watched out in trading session, on Wednesday 28 October .
Tata Motors: The Auto major reported a better than expected set of numbers for the September quarter. The Revenue arrived at Rs. 53530 cr as against Rs. 65432 cr, down 18.2% year onyear, and loss of Rs. 307.3 cr vs loss of Rs. 187.7 cr Year on year.
Bharti Airtel: Strong subscriber addition and up-trending of customers helped Bharti Airtel post highest ever quarterly revenue. Consolidated revenue rose 22 per cent to Rs 25,785 crore in the September quarter while net loss narrowed to Rs 763 crore.
Amara Raja Batteries: The Company reported a 7.93 percent decline in profit at Rs 201.27 in the second quarter ended on September 30. The company had posted a profit of Rs 218.61 crore in the July-September period a year ago. The Revenue came in as a positive surprise and grew by 14.2% YoY and came in at Rs 1935 crore.
ICICI Prudential- The Company reported a marginal rise in net profit at Rs303 crore for the September quarter of the current fiscal year. The life insurer had posted a net profit of Rs 302 crore during the similar period a year ago.
Hero Moto Corp: Hero MotoCorp agrees to a distribution deal with U.S. motorcycle maker Harley Davidson. Hero will sell and service Harley’s bikes and also sell parts and accessories, general merchandise riding gear and apparel through a combined dealership network.
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