Your investment can be secured by keeping a close watch on every movement of shares. Here we are telling such stocks which will remain in the news today and which will be monitored by the market.
Focus on FUTURE GROUP shares
FUTURE-RELIANCE RETAIL deal has the Future Group with immediate interest. The Division Bench of Delhi High Court has removed the ban on the side of single bench. The Bench said that not all parties have spoken in the court yet.
Focus on TORRENT PHARMA Q3 YoY
On a year-on-year basis, the company’s profit grew 18.3 per cent in the third quarter. The company reported a profit of Rs 297 crore in the third quarter of FY 2021, compared to a profit of Rs 251 crore in the same quarter last year. The company’s revenue has also increased in the third quarter. On an annual basis, the company’s revenue in the third quarter increased by 1.5 per cent to Rs 1,995 crore as against Rs 1,966 crore in the same quarter last year. Growth was under pressure in the US and Brazil markets. Also, growth in the company’s domestic business was sluggish.
Focus on SUN TV
Advertising revenue has come down but the IPL revenue has shocked. Most brokerages say that the company’s business continues to operate on its movies. FY21-23 has raised profit estimates by 4-8%. The valuation of the stock is attractive.
Focus on BODAL CHEM / MAWANA SUGAR
Mawana Sugars’s Chlor-Alkali business will buy Bodal Chem. Mawana Sugars will increase focus on the Chinese business itself. The Chlor-Alkali of Mawana Sugars is valued at Rs 250–350 crore.
Focus on WIPRO
Michael Seiger has been appointed the Country Head of Germany & Austria.
