The exact percentage of the stake of OIL and EIL will depend on the extent of Right of First Offer (ROFO) to be exercised by the Government of Assam, which already holds 12.35 per cent stake in NRL., , Oil India Limited (OIL), Numaligarh Refinery Limited (NRL), government
Stocks to Watch: Ambuja Cements, ACC, IDFC First Bank, NMDC, BPCL, Dish TV
Top stocks that could be in focus on Friday. Photo: PTIPremium
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NEW DELHI :
Here’s a list of top 10 stocks that could be in focus on Friday:
Ambuja Cements: The cement manufacturer has reported an increase of 34.06% in consolidated net profit at ₹968.24 crore for December quarter 2020, helped by volume growth. The company, which follows January-December financial year, had clocked a net profit of ₹722.26 crore in October-December 2019, Ambuja Cements said in a BSE filing.
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Here are the top stocks that are likely to be in limelight today:
IDFC First Bank: The company said its board has okayed raising up to Rs 3,000 crore through various means.
Oil India & Engineers India: These companies together will bid for acquiring 61.65 per cent stake of Bharat Petroleum Corporation Limited (BPCL) in Numaligarh Refinery Limited.
Telecom stocks: Latest TRAI data showed that Airtel added as many as 5.5 million regularly paying users in December over the preceding month. Reliance Jio, meanwhile, added nearly 3.2 million subscribers and Vodafone Idea Ltd. lost 1.5 million subscribers.
Aviation stocks: India s domestic air passenger traffic declined around 40 per cent to 7.7 million in January 2021 over the year-ago period, as per the monthly traffic data released by the aviation regulator, DGCA on Thursday. Budget carrier IndiGo flew the most number of passengers at 4.2 million with a market share of 54.30 per cent, followed by rival carrier Vistara.