Asian Paints acquires 11% stake in White Teak
Asian Paints now hold 60% stake in White Teak
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Asian Paints now hold 60% stake in White Teak
Elantas Beck India will be one of the companies to watch today as it reports its December quarter results.
Today's stock to watch: Vedanta Metals and Mining would pay Rs 1,440 crore for the debt-ridden power facility Meenakshi Energy.
BHEL, Delta Corp, Indiabulls Housing Finance, and PNB are the stocks in ban period on Thursday in the F&O arena.
Today's announcement of the results for the July-September quarter will put a spotlight on the stocks of Reliance Industries, Bajaj Finserv, Ambuja Cements, IDBI Bank, Hindustan Unilever, JSW Steel, and Hindustan Zinc.
The benchmarks for Indian equities opened higher on Monday, continuing their fourth straight session of gains.
Asian Paints is India's largest paint corporation.
Asian Paints affirmed that its June quarter net profit doubled to Rs 574.3 crore against Rs 219.6 crore year-on-year (YoY).
The company reported a net profit of Rs 851.90 crore for the September quarter, a 1% growth YoY. It had posted a profit of Rs 842.14 crore in the corresponding quarter previous year.
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