Adani Enterprises, Infosys, Mindtree and other top stocks to watch out for on July 14

Jul 14, 2021

By: Rounak Jain

Credit: BCCL

Adani Enterprises

Its wholly owned subsidiary, Adani Airport Holdings, has taken over the management and control of the Mumbai International Airport from the GVK Group, after getting requisite approvals.

Credit: Adani Enterprises

Infosys

It will declare its June 2021 quarter results today.

Credit: Infosys

Mindtree

Reported a 61 percent jump in net profit to ₹343 crore in the June 2021 quarter against ₹213 crore a year ago. Its revenue surged by 20 percent to ₹2,292 crore, year-on-year.

Credit: Mindtree

Earnings today

Infosys, Craftsman Automation, L&T Technology Services, Dodla Dairy, 5Paisa Capital, Hatsun Agro Product, Tinplate Company of India, Essar Securities.

Credit: Pixabay

HDFC Bank

It has scheduled a meeting on July 17 to consider a proposal to raise funds via foreign currency debt.

Credit: BCCL

Tata Metaliks

Reported a net profit of ₹95 crore in the June 2021 quarter against a loss of ₹12 crore a year ago. Revenue jumped nearly three times to ₹603 crore from ₹210 crore in the same period.

Credit: Tata Metaliks

IPO Watch

Zomato IPO to be open for subscription at ₹72-76 per share. It has already received 35 times more bids from anchor investors.

Credit: Flickr

Indian Bank

Received RBI approval for exercising its call option on its outstanding Basel III Tier 2 bonds worth ₹600 crore.

Credit: BCCL

Barbeque Nation

ICRA has upgraded the company’s long-term bank ratings to A- Stable, while the short-term rating stands at A2+.

Credit: BCCL

Bank of Maharashtra

It has approved a floor price of ₹24.89 per share for its qualified institutional placement.

Credit: Bank of Maharashtra

Reliance Industries, Bharti Airtel, Vodafone Idea and other stocks to watch out for on July 13