Bharti Airtel, Vodafone Idea, RIL among stocks to watch out on April 20

Apr 20, 2022

By: bhakti.makwana@timesinternet.in

Credit: BCCL

Bharti Airtel

The telecom operator continued to gain subscribers in February by adding 1.59 million new users while its customer count increased to 358 million.

Credit: BCCL

Vodafone Idea

The company lost over 1.5 million subscribers with its total customer base falling to 263.5 million

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Reliance Industries

The firm’s subsidiary has signed an agreement to invest in prominent fashion designers firm Abu Jani Sandeep Khosla for a majority of 51 percent stake.

Credit: BCCL

Reliance Industries

Reliance Jio lost over 3.6 million subscribers taking total customer count to 402.7 million.

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ACC

The cement maker reported a 29.6 percent on year decline in consolidated net profit at ₹396.3 crore for the quarter ended March.

Credit: BCCL

Larsen & Toubro Infotech

The mid cap IT firm reported nearly 17 percent rise in March quarter net profit at₹637 crore along with a final dividend of ₹30 per equity share for FY22.

Credit: BCCL

Punjab & Sind Bank

The bank has declared cumulative loans of ₹1,234 crore given to two Srei group companies as frauds and has reported them to the RBI.

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Mahindra Lifespace Developers

The firm's subsidiary Mahindra World City Developers has received an income tax notice of ₹101 crore.

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Earnings today

Tata Elxsi, Angel One, and ICICI Securities will report their March quarter earnings results today.

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Mindtree, Wipro, Ujjivan Financial Services, RailTel among stocks to watch out for on April 19