PNB, Airtel, SBI Cards, IRCTC and other stocks to watch in trade today

Mar 18, 2021

By: Rounak Jain

Credit: BCCL

Punjab National Bank

The struggling bank has formed a new credit cards subsidiary called PNB Cards and Services that will provide non-financial support for the bank’s credit card business.

Credit: BCCL

Bharti Airtel

The Sunil Bharti-led telco has once again posted a strong addition of 6.9 million subscribers, continuing its impressive performance.

Credit: BCCL

Vodafone Idea

The struggling telco sprung a surprise by adding 1.71 million subscribers, which is a first in 15 months.

Credit: BCCL

HFCL

The company has won a contract worth ₹222 crore from the Uttar Pradesh Metro Rail Corporation for setting up telecom systems for Kanpur and Agar metro projects.

Credit: HFCL

BHEL

The state-owned company has emerged as the lowest bidder for supplying equipment for nuclear power projects of the Nuclear Power Corporation of India.

Credit: BCCL

IRCTC

The company has announced that there was no major impact of termination of mobile catering contracts in the financial year 2020-21.

Credit: BCCL

SBI Cards and Payment Services

CA Rover Holdings offloaded 4.25 percent stake in the company for ₹3,493 crore through the open market.

Credit: SBI Cards and Payment Services

Somany Ceramics

The company has announced an investment of ₹45 crore that will be used for the expansion of its Kassar Plant.

Credit: Somany Ceramics

Indian Metals & Ferro Alloys

ICRA has upgraded the company’s credit rating for both long and short-term credit facilities.

Credit: Unsplash

TVS Motor

The company’s board will meet on March 24 to consider and declare a second interim dividend for FY21.

Credit: BCCL

Hot stocks to watch out for on March 17