Results on January 14
Den Networks, HFCL, Reliance Industrial Infrastructure, Tata Steel Long Products, Websol Energy System and Digicontent will announce their quarterly earnings on January 14.
Stocks in the news
Infosys: The company reported a 7.3% rise in profit at Rs 5,197 crore in Q3FY21 against Rs 4,845 crore in Q2FY21, revenue rose 5.5% to Rs 25,927 crore from Rs 24,570 crore QoQ. The company raised FY21 constant currency revenue growth guidance to 4.5-5% from 2-3% earlier and margin guidance to 24-24.5% from 23-24% earlier.
Wipro: IT services dollar revenue rose 3.9% to $2,071 million in Q3FY21 from $1,992.4 million Q2FY21, the growth is the highest in 36 quarters. The company sees Q4 dollar revenue growth at 1.5-3.5% over Q3.
SAIL: The government will sell up to a 10% stake in the company via offer for sale on January 14-15 and the offer price has been fixed at Rs 64 per share.
IndusInd Bank: SEBI has granted bank's promoters extension until February 18 on warrant subscription, according to a CNBC-TV18 report.
Indian Bank: The bank has raised Rs 2,000 crore via bonds at a 6.18% Coupon rate.