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Here are the top stocks to track today: Earnings Today: HCL Tech, IB Realty, M&M Financial Services are among 16 firms slated to post their March quarter numbers today. Analysts expect HCL Tech s March quarter PAT to fall between 26-31% on account of one-time bonus impact although they eye a growth in the revenue, led by contribution from DWS Limited - a leading Australian IT, business and management consulting firm that HCL Tech acquired recently - demand in areas of digital foundation projects and improving traction in ER&D segment. Future Retail, Future Enterprises: A BS report stated that lenders to Kishore Biyani s Future Group will withdraw the just-approved debt recast plan that offered easier repayment options, if the troubled retailer s Rs 24,713 crore asset sale to Reliance Industries Ltd (RIL) goes through in a reasonable time frame. READ HERE ....
Market Ahead Podcast, April 23: Top factors that could guide markets today business-standard.com - get the latest breaking news, showbiz & celebrity photos, sport news & rumours, viral videos and top stories from business-standard.com Daily Mail and Mail on Sunday newspapers.
Auto stocks: Stocks of auto companies will be in focus after the government approved a policy to scrap more than 15-year-old vehicles owned by government departments and PSUs. The same will come into effect from April 2022. GAIL: The firm plans to launch an InvIT of its two gas pipelines between Dahej and Bengaluru ahead of a proposed splitting of the pipeline business from the gas marketing function, according to a PTI report. ICICI Securities: The firm reported a profit of Rs 267 crore in Q3FY21 against Rs 137.2 crore in Q3FY20. Revenue jumped to Rs 620.11 crore from Rs 422.24 crore YoY. ....