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

Jul 13, 2021

By: Rounak Jain

Credit: BCCL

Reliance Industries

Incorporated a wholly-owned subsidiary, Reliance New Energy Solar, which will undertake solar energy activities.

Credit: BCCL

...contd

Its telecom arm, Reliance Jio, added 4.7 million subscribers in April 2021, taking its total subscriber base to 427.6 million.

Credit: Reliance Jio

Bharti Airtel

Added 0.51 million subscribers, taking its total number of subscribers to 352.9 million.

Credit: BCCL

Vodafone Idea

Lost 1.8 million subscribers as it continues its downward spiral. Its total subscriber base stands at 281.9 million.

Credit: BCCL

Earnings today

Mindtree, Tata Metaliks, TPI India.

Credit: Pixabay

Ashoka Buildcon

Its ₹726 crore bid for the development of Memmadpur – Banur – Kharar corridor has been accepted by the National Highways Authority of India.

Credit: Ashoka Buildcon

FDC

Launched an oral suspension of Favipiravir, called Favenza Oral Suspension, used in the treatment of mild to moderate COVID-19. This is a first in India.

Credit: FDC

Kirloskar Industries

It reported a 50 percent decline in net profit to ₹32 crore in FY21, while revenue declined by 32 percent to ₹58 crore, compared to FY20.

Credit: Kirloskar Industries

Piramal Enterprises

Approved the allotment of ₹102 crore worth non-convertible debentures on a private placement basis.

Credit: Piramal Enterprises

IDBI Bank

Moody’s has upgraded the baseline credit assessment of the bank to B2 from B1.

Credit: BCCL

Avenue Supermarts, Maruti Suzuki, Wockhardt and other top stocks to watch out for on July 12