Stocks to Watch: ICICI Bank, Bharti Airtel, Hero MotoCorp, Tata Motors, Vedanta
NEW DELHI : Here’s a list of top ten stocks that may be in news on Wednesday:
Bharti Airtel: The country’s second largest telecom operator reported its highest-ever quarterly consolidated revenue on the back of a rise in data usage and higher realisations, helping it narrow losses in the July-September period. Consolidated revenue rose 22 % to ₹25,785 crore in the September quarter while net loss narrowed to ₹763 crore. Also, Bharti Airtel will sell 100% shares of its Ghana business for ₹184 crore to the West African country’s government.
ICICI Bank: The country’s third largest private sector lender has said that the US Securities and Exchange Commission (SEC) does not intend to take any enforcement action against the lender related to its investigation into the bank’s loan impairment provisions under US generally accepted accounting principles.