CuriousKeeda presents you a list of top stocks that are likely to be in focus in Thursday’s trading sessions. They are based on their latest developments in the market. Investors are also waiting for March quarter earnings and many companies have scheduled to release their financial statements publicly today.
Before we look at the financial statements, let’s take a quick look at Wednesday’s key highlights of the stock market.
- BSE Sensex closed 742 points and NSE – NIFTY ended 205 points higher
- Rupee closed at 76.67 per dollar. Stronger than the last closing that was 76.84
- FIIs sold ₹ 1,326 cr and DIIs bough ₹ 863.2 cr in equities
The FMCG corporate plans to approve the audited standalone as well as consolidated financial statements for the year ended March 31, 2020 and for the quarter on April 30, 2020.
Reliance Industrial Infrastructure:
The company has suggested a dividend of ₹ 3 per share.
Sundaram – Clayton:
The company boards plans to approve the insurance of rated, unsecured, listed, and redeemable non-convertible debentures on a private placement basis on April 30, 2020.
TVS Motor Company:
The TVS board plans to consider the insurance of rated, unsecured, listed, and redeemable non-convertible debentures on a private placement basis on April 28, 2020.
The company board plans to consider and approve audited results for the year as well for the quarter on May 12, 2020.
The company plans to approve the audited standalone as well as consolidated financial statements for the year ended March 31, 2020 as well as the quarter on May 14, 2020.
The company has recently revealed that rating firm India Ratings has declared the company’s long-term issuer rating at ‘IND AA, with ‘Stable’ performance.
Big giants such as Bharti Infratel, Britannia, Hathway Cable & Datacom, TV 18 Broadcast, Mahindra CIE Automotive, and Amal are the companies that are all set to report their March quarterly earnings today.
Stay tuned to CuriousKeeda for more financial updates.