Stocks to watch: SBI, Vodafone Idea, Paytm, ITC and more
Paytm's consolidated net loss was reduced to Rs 392 crore in the third quarter of fiscal year 22. The firm recorded a net loss of Rs 778.4 crore the previous year.
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Paytm's consolidated net loss was reduced to Rs 392 crore in the third quarter of fiscal year 22. The firm recorded a net loss of Rs 778.4 crore the previous year.
Stocks to watch today: On Thursday, the National Stock Exchange (NSE) moved Adani Enterprises, Adani Ports, and Ambuja Cements to a group of stocks that demand up to 100% trading margins.
Alibaba looks to be exiting India since it has previously sold shares in other businesses such as BigBasket and Zomato. Paytm is the latest e-commerce company to sell a share.
TCS reported 11% YoY net growth in Q3, while revenue above analyst projections at Rs 58,229 crore.
According to One 97, the latest hiring is part of Paytm Payment Bank's continued efforts to develop its leadership team, improve its technology skills, and drive financial inclusion in the country.
Stocks to Watch Today: Sula Vineyards shares are expected to debut on a shaky note on Thursday.
Stocks to watch today include ICICI Bank, which collected Rs 5,000 crore through bonds to finance corporate expansion, and Dalmia Bharat, which paid Rs 5,666 crore for the cement assets of Jaypee Group's company.
Since Wabury and Valecha Engineering will be reporting their September quarter profits today, attention will be paid to these equities.
Today's earnings announcements from companies including Tata Motors, 3M India, Bayer CropScience, BEML, Bajaj Consumer Care, Dhanlaxmi Bank, JP Infratech, and Star Health will be closely watched.
On a sequential basis, One 97 Communications' loss for the quarter ending in September FY23 decreased from the loss of Rs 645.4 crore reported in Q1FY23.
Stocks to keep an eye on today: Friday's trading will centre on shares of companies like Electronics Mart India, HDFC Bank, Avenue Supermarts, and others.
ED discovered damning papers during the raids and discovered sizable balances kept in the virtual accounts of the involved firms with payment aggregators.
Paytm is providing cashbacks on payments made using Paytm Wallet and Paytm UPI as a result of this agreement.
ED conducts raids and investigations against leading monetary organisations that have links with Chinese firms.
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