The market is likely to open lower today, as the SGX Nifty, an early indicator of the opening for the Indian market, was trading 73.75 points or 0.50 percent lower at 14,572.50, at 8:13 am. Here are the top stocks to watch out for today:
L&T Infotech:
The company is expected to expand its multi-year, global alliance with IBM to help businesses transform their operations through open hybrid cloud adoption.
Den Networks: The company logged a higher consolidated profit at Rs 65.5 crore in Q3FY21, up 238.69 percent YoY. Its revenue too increased to Rs 342 crore, up 8 percent YoY.
HFCL: The company reported sharply higher consolidated profit at Rs 82.2 crore in Q3FY21 against Rs 46.08 crore YoY; revenue too was higher at Rs 1,277.5 crore from Rs 853.5 crore YoY.
Bharti Airtel: MSCI, the index provider, said the company will be a part of the February 2021 Quarterly Index Review. This comes in after NSDL updated its foreign investment limit to 100 percent from 49 percent.
Hindusthan National Glass: Ironwood Investment Holdings lowered its stake in the company to 5.09 percent from 7.09 percent earlier via open market transaction.
HCL Tech: HCL Technologies will be reporting its Q3 numbers on January 15. The street is expecting a 3 percent revenue growth.
PVR: PVR will be reporting its Q3 earnings on January 15. After two-quarters of negligible revenues, the street is expecting some revenues as cinema halls have reopened since mid-October.
Shoppers Stop: The company is expected to report its Q3 earnings on January 15.
Aditya Birla Money: The company will announce its quarterly earnings on January 15.
First Published:Jan 15, 2021 8:16 AM IST