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Home INTERNATIONAL Stocks to observe: ITC, Ashok Leyland, RIL, CIL, Glenmark Pharma, BOI, CONCOR

Stocks to observe: ITC, Ashok Leyland, RIL, CIL, Glenmark Pharma, BOI, CONCOR

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At 08:37 am, Nifty futures on the Singapore Exchange (SGX) had been trading 38.50 points or .38 for every cent bigger at 10,270, indicating a favourable start out for the Indian market on Friday.&#13
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This is a appear at the shares that may perhaps continue to be in concentration currently – &#13
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ITC: ITC is slated to announce its March quarter results for the money year 2020-21 (FY21) on Friday, June 25. The company, according to analysts, is anticipated to submit up to 14 for every cent decline in its cigarette volumes due to hike in excise responsibility and Covid-19 lockdown. The company’s FMCG organization may also just take some strike whilst its Lodges business will be impacted most, they say.&#13
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Earnings these days: In addition to ITC, 249 other businesses, together with Coal India and Glenmark Pharma are anticipated to announce their March quarter results afterwards in the day&#13
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Ashok Leyland: Ashok Leyland Confined has described loss just before tax for the quarter at Rs 72 crore as in opposition to profit in advance of tax of Rs 806 crore for the duration of the exact time period a year back. Loss soon after tax through the fourth quarter was at Rs 57 crore as from profit of Rs 653 crore, a calendar year in the past.&#13
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RIL: Fitch Rankings on Thursday reported it has upgraded Reliance Industries Ltd”s rating to ”BBB+” from ”BBB” as the company”s money profile has enhanced pursuing sale of practically 25 for each cent stake in Jio and Rs 53,124 crore equity raise.&#13
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Vedanta: Vedanta has moved a action nearer to going personal with the enterprise securing shareholders’ eco-friendly gentle for the proposal. The firm on Thursday disclosed the results of the postal ballot for the specific resolution trying to get voluntary delisting of equity shares from the NSE and BSE. The enterprise attained 93.3 for every cent votes ‘in favour’ of the proposal, although 6.7 per cent ‘against’ vote.&#13
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Bank of India on Thursday described a standalone internet loss of Rs 3,571.41 crore for the quarter ended March 31, 2020 due to bigger provisions for poor financial loans.&#13
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CONCOR: State-owned Container Company of India Ltd (Concor) on Thursday claimed a 10.78 percent dip in consolidated net profit to Rs 317.51 crore for the quarter finished March 2020.&#13
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IT shares: Accenture has documented net income for the third quarter of $1.23 billion or $1.90 for every share, down from $1.25 billion or $1.93 for every share in the year-ago quarter. On normal, analysts polled by Thomson Reuters envisioned the enterprise to get paid lesser earnings of $1.85 for every share.&#13
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Apollo Hospital: Apollo Hospital noted a PBT of Rs 263.64 crore during the quarter ended March 31, 2020 as versus Rs 111.90 crore, throughout the identical interval last yr. Complete hospital’s earnings rose to Rs 2,926.38 crore from RS 2,511.3 crore during the interval beneath overview.&#13
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Apollo Tyres: Apollo Tyres’ not long ago commissioned facility in Andhra Pradesh saw its 1st tyre roll out on Thursday. The unit, seventh globally and fifth in India, is located in the state’s Chittoor district. The company programs to spend close to Rs 3,800 crore in period I of this greenfield facility, which is spread over 256 acres.&#13

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