Stocks To Watch | ITC, Larsen & Toubro, SBI Cards, Adani Ports, Bajaj Auto in focus
–ITC’s Q2 profit missed Street estimates though revenue surpassed expectations. ITC’s cigarette volume growth of nine percent was in line with estimates.
–Nykaa’s IPO will open for subscription on Thursday, and close on November 1. Nykaa has set a price band of Rs 1,085-1,125 per share for the share sale. It has raised Rs 2,396 crore from 174 anchor investors ahead of the IPO.
–Punjab National Bank’s net profit and net interest income (NII) for Q2 were below expectations.
–Around 150 companies are set to report their quarterly earnings on Thursday. These include Bajaj Finserv Ltd, Coromandel International, Dlf, Interglobe Aviation, Mahindra & Mahindra Financial Services, Marico, NTPC, RBL Bank, Tata Power, Adani Green, Adani Total Gas, Indian Bank, SBI Cards, CarTrade Tech and Zydus Wellness. (Check out the full list of stocks to track today)
