Stocks to Watch: Bharti Airtel, Tata Steel, Yes Bank, Zee Entertainment, PNB
Here is a list of top 10 stocks that may be in focus on Tuesday:
Bharti Airtel: The telecom operator said it will raise call charges starting December. This comes after the Supreme Court ordered telecom companies to pay massive dues and penalties to the government in the adjusted gross revenue case. The sector, which has seen more than a decade of only price cuts due to hyper competition, has been dealing with mounting debt amid shrinking revenue.
Tata Steel: The steel maker plans to axe about 3,000 jobs across its European operations to cut costs in the latest blow to the region’s industry. According to a statement, about two-thirds of the estimated reduction in staff would be office-based, or white collar positions.