Stocks to watch: Reliance, Zee, Bharti Airtel, JSW Steel, TVS Motors

Reliance IndustriesRIL: RIL has said that a required majority of its shareholders has passed a resolution to appoint Saudi Aramco Chairman Yasser Al-Rumayyan as an independent director on the group’s board. The company is scheduled to announce its September quarter results today.

JSW Steel: Diversified JSW Group’s flagship business registers 350% YoY (YoY) jump consolidated net profit To post highest quarterly profit of ₹7,179 crore for the second quarter ended September 30. The company also reported its highest quarterly revenue from operations ₹32,503 crore for the quarter, as against ₹19,264 crore a year ago.

Zee Entertainment Enterprises: NS company After a nudge from the Bombay High Court, it agreed to consider Invesco’s demand to convene a special shareholders’ meeting on Thursday, when the court assured that the results would be put on hold for a week, during which it would review the recommended proposals. Can review validity. by US fund manager

Indian Hotels: NS company It plans to buy a 40% stake in Unit Roots Corporation Ltd., which runs the Ginger brand of economy hotels. ₹500 crores. IHCL board also approved the plan to increase ₹2,000 crore by selling shares to existing investors and others ₹2,000 crore by selling shares to financial institutions, total ₹4,000 crores.

Bharti Airtel: To take up the rights issue of Telco ₹20,987.39 crore has been subscribed 1.44 times. The rights issue opened on October 5 and the company had set September 28 as the record date for rights entitlements. The board of the company had approved the extension till August 29. ₹21,000 crore through rights issue for ₹535 per share, inclusive of premium of ₹230

mphasisIT firm reports 14% growth in consolidated net profit ₹341.4 crore for the September quarter. net profit of the company ₹299.2 crore in the year-ago period. Revenue from operations increased 17.8% to . Done ₹2,869.2 crore in the reported quarter.

Gayle (India)The company will build India’s largest green hydrogen plant in the next 12-14 months as it seeks to supplement its natural gas business with a carbon-free fuel. GAIL is looking to build a 10 megawatt (MW) electrolyser capable of generating 4.5 tonnes of green hydrogen per day. The firm has already floated a global tender to buy the electrolyzer and is expecting deliveries in 12-14 months.

GMR Infrastructure: The infrastructure major is likely to launch a ₹6,000 crore Qualified Institutional Placement (QIP) issues by the end of October. Sources told CNBC-TV18 that the QIP will reduce the stake by about 15% in the company.

TVS Motor: Company registers 29.19% growth in Consolidated Net Profit ₹234.37 crore for the quarter ended September. increased revenue from operations ₹compared to 6,483.42 for the second quarter ₹5,254.36 in the year-ago period.

IDFC Limited: The company has appointed Citigroup Global Markets India as its investment banker for the disinvestment of IDFC Asset Management Company.