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    Stocks in news: Zomato, LIC, Tata Consumer, Piramal Pharma, BPCL

    Synopsis

    Asset management company Artisan Partners on Wednesday divested a 1.2% stake in telecom infrastructure major Indus Towers for Rs 717 crore through an open market transaction.

    StocksETtech
    USFDA has issued a Form-483 with 3 observations for the US facility Piramal Pharma riverview.
    Domestic market exhibited range-bound movement before closing flat ahead of the RBI's monetary policy outcome despite favourable global cues. Analysts said while no change in stance is anticipated, the RBI's commentary on any hints regarding potential rate cuts and improvements in liquidity will be closely monitored.

    Zomato, Grasim, LIC
    Shares of Zomato, Grasim, LIC among others will be in focus as companies will announce their third quarter results.

    Tata Consumer
    Tata Consumer's consolidated net profit missed estimates in the third quarter, falling 21% to Rs 279 crore. It was Rs 352 crore a year ago.

    Indus Towers
    Asset management company Artisan Partners on Wednesday divested a 1.2% stake in telecom infrastructure major Indus Towers for Rs 717 crore through an open market transaction.

    Read more: Here's the trade setup for today's session

    Mankind Pharma
    Shares of Mankind Pharma will be in focus on reports that the promoters are looking to divest some stake in the company through block deals on Thursday.

    Cummins India
    Cummins India has declared an interim dividend of Rs 18 per share while reporting its third quarter results. Net profit for the period was at Rs 499 crore.

    Power Grid
    Power Grid reported 10% growth in its consolidated net profit at Rs 4,028 crore in the third quarter, compared with Rs 3,645 crore posted in the corresponding quarter of previous year.

    BPCL
    BPCL’s joint venture PLL has renewed a 20 year partnership for 7.5 MMTPA LNG with Qatar Energy.

    Lupin
    Lupin reported net profit of Rs 614 crore for the third quarter. Revenue from operations were at Rs 5,197 crore.

    Apollo Tyres
    Apollo Tyres posted net profit of Rs 497 crore in the quarter ended December. Revenue from operations in the third quarter was at Rs 6,595 crore.

    Piramal Pharma
    USFDA has issued a Form-483 with 3 observations for the US facility Piramal Pharma riverview.




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    (You can now subscribe to our ETMarkets WhatsApp channel)

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    Subscribe to The Economic Times Prime and read the Economic Times ePaper Online.and Sensex Today.

    Top Trending Stocks: SBI Share Price, Axis Bank Share Price, HDFC Bank Share Price, Infosys Share Price, Wipro Share Price, NTPC Share Price

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