All You Need To Know Going Into Trade On August 2


  • Reliance Industries: Reliance Jio Infocomm was the biggest buyer in the spectrum auction concluded on August 1. It bought 24,740 MHz for Rs 88,078 crore.

  • Adani Enterprises: Adani Data Networks bought 400 MHz for Rs 212 crore.

  • Bharti Airtel: The company bought 19,867 MHz for Rs 43,084 crore.

  • Vodafone Idea: The company bought 6,228 MHz for Rs 18,799 crore.

  • Eicher Motors: Total sales of motorcycles in July rose 26% YoY to 55,555 units.

  • Hero MotoCorp: Total sales in July fell 2% YoY to 445,580 units.

  • TVS Motor: Total sales in July rose 13% YoY to 314,639 units

  • United Spirits: The company has sought shareholders’ approval for a transaction with Inbrew Beverages involving a slump sale of the entire business undertaking associated with 32 brands and grant of franchise in relation to 11 other brands for five years.

  • REC: The company will consider proposal for fund-raising through private placement on August 4.

  • Maruti Suzuki: The company total production in July rose 8.3% YoY to 184,890 units.

  • Coal India: Total production rose 24.3% YoY to 207.1 MT from April-June.

  • NMDC: Total production of iron ore for July fell 33% YoY to 2.05 MT and sales fell 10.3% to 2.95 MT.

Earnings: Adani Green, Godrej Properties, Deepak Nitrite, Indus Towers, Brigade Enterprises, Bosch, Bank of India, Voltas, Tube Investments of India, Thermax, Transport Corporation of India, Siemens, Data Patterns, Gateway Distriparks, Dodla Dairy, Moil, Lemon Tree Hotels, Jubilant Pharmova, JM Financial, ION Exchange, Navneet Education, Vaibhav Global, Star Cement, Sheela Foam, Schneider Electric, Saregama India, Paradeep Phosphates


Source link

What is your reaction?

In Love
Not Sure

You may also like

Comments are closed.

More in:Business