Tata Steel, Bharti Airtel, Barbeque Nation and other stocks to watch out for on April 7

Apr 7, 2021

By: Rounak Jain

Credit: BCCL

Tata Steel

The company reported steel production of 7.4 metric tonnes in the March 2021 quarter as compared to 7.37 metric tonnes a year ago.

Credit: Tata Steel

Bharti Airtel

It has signed an agreement with Reliance Jio Infocomm to transfer the right to use a portion of its spectrum for a total consideration of ₹1,497 crore.

Credit: BCCL

Barbeque Nation

The company’s shares will be listed on the stock exchanges today.

Credit: BCCL

Axis Bank

It has become a co-promoter of Max Life Insurance after acquiring a 12.99 percent stake in the company.

Credit: BCCL

Tata Steel Long Products

It has registered its highest ever crude steel production at 1.86 lakh tonnes, growing at 19 percent year-on-year.

Credit: Pixabay

Mahindra & Mahindra

It has incorporated a subsidiary to undertake installation of rooftop solar for commercial, industrial, institutional and residential categories.

Credit: Mahindra & Mahindra

IDFC First Bank

It has completed its fundraise of ₹3,000 crore by way of qualified institutional placement.

Credit: IDFC First Bank

Inox Leisure

It will raise funds up to ₹300 crore by issuing securities.

Credit: BCCL

Cholamandalam Investment

It has joined the Vishwakarma Payments consortium for setting up a New Umbrella Entity (NUE) for retail payments.

Credit: Cholamandalam Investment

Future Consumer

The company has defaulted on loans worth ₹76.5 crore as of March 2021.

Credit: Future Consumer

HDFC, Bajaj Finance, Avenue Supermarts and other top stocks to watch out for on April 6