Bharti Airtel, SBI, HDFC Life Insurance and other hot stocks on November 3 ahead of Diwali

Nov 3, 2021

By: Rounak Jain

Credit: BCCL

Bharti Airtel

Reported a net profit of ₹1,134 crore during the September quarter, as against ₹284 crore in the previous quarter. This is on account of a one-time receipt of ₹722 crore from Reliance Jio towards spectrum transfer.

Credit: BCCL

Contd...

Airtel’s average revenue per user stood at ₹153 during the quarter, which is an increase of nearly 5 percent when compared to the previous quarter.

Credit: Bharti Airtel

State Bank of India

India’s largest bank will declare its September quarter results today.

Credit: Wikimedia

HDFC Life Insurance

The Competition Commission of India has approved the acquisition and merger of Exide Life with HDFC Life Insurance.

Credit: HDFC Life Insurance

Earnings today

State Bank of India, Pfizer, Eicher Motors, Aditya Birla Fashion and Retail, Bata India, Gujarat State Petronet, RattanIndia Power, Uflex, among others.

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IPO Watch

Policybazaar IPO subscribed 1.59 times on Day 2. Fino Payments Bank IPO subscribed 2.03 times on Day 3. SJS Enterprises IPO subscribed 0.51 times on Day 2.

Credit: Flickr

Infosys

Infosys Finacle and IBM team up to help banks accelerate the adoption of cloud technologies.

Credit: Infosys

Info Edge

To invest ₹41 crore in Metis Eduventures, which operates Adda247, an online portal for government jobs and more.

Credit: Info Edge

MTAR Technologies

Reported a net profit of ₹19 crore in the September quarter as against ₹14 crore a year ago. Revenue surged 25 percent to ₹91 crore.

Credit: MTAR Technologies

These are the 10 most common stocks in Diwali picks from broking firms