Zomato, India Cements and other top stocks to watch out for on August 11

Aug 11, 2021

By: Rounak Jain

Credit: BCCL

Zomato

In its first earnings release after IPO, the food delivery firm reported ballooning losses at ₹356 crore in the June quarter as against ₹100 crore a year ago.

Credit: Zomato

Zomato

Its revenue jumped over three times to ₹844 crore. It said gross order value, number of orders and transacting users were the highest ever.

Credit: Zomato

India Cements

It is expected to declare its June quarter results today.

Credit: India Cements

Earnings today

India Cements, Bata India, Cadila Healthcare, Bajaj Electricals, IDFC, Equitas Small Finance Bank, HEG, ISGEC Heavy Engineering, GE Power India, Ambika Cotton Mills.

Credit: Pixabay

Earnings today

VIP Industries, PTC India, Safari Industries, GIC Housing Finance, Antony Waste Handling Cell, among others.

Credit: Pixabay

IPO Watch

CarTrade Tech IPO subscribed 0.99 times on day two, Chemplast Sanmar subscribed 0.16 times on day one, Aptus Value Housing Finance subscribed 0.24 times on day one.

Credit: Flickr

SBI Life Insurance

Liable to refund ₹111 crore for its Super Suraksha Life Insurance Policy, according to an order by the Insurance Regulatory and Development Authority.

Credit: SBI Life Insurance

GMR Infrastructure

Board to meet on August 13 to consider raising ₹6,000 crore through issue of securities through qualified institutional placement or foreign currency convertible bonds.

Credit: GMR Infrastructure

RattanIndia Enterprises

To make a strategic investment in the US-based Matternet, which offers an urban drone logistics platform.

Credit: RattanIndia Enterprises

Insecticides India

Its buyback worth ₹49 crore was closed on August 10, with 9.35 lakh shares bought back at an average price of ₹525.35 per share.

Credit: Insecticides India

Coal India, Shree Cement, RIL and other top stocks to watch out for on August 10