Bharti Airtel to Bajaj Auto: Stocks to watch on October 17, 2024
business Oct 17 2024
Author: Nancy Tiwari Image Credits:Freepik
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Bajaj Auto
Bajaj Auto's Q2 FY25 net profit fell 31.4% to ₹1,385.44 crore due to a one-time tax payment, but revenue rose 22.2% to ₹13,247.28 crore.
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Bikaji Foods International
Bikaji Foods invested ₹131.01 crore for a 53.02% stake in Hazelnut Factory, aiming to expand its product range and strengthen its QSR presence.
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Bombay Stock Exchange
BSE shares dropped over 5% after Jefferies downgraded its rating to 'underperform,' citing regulatory concerns affecting futures and options trading.
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Reliance Industries
Reliance Industries has filed over 3,000 patents in AI, 5G, and 6G technologies, aiming to enhance its position in the global tech market.
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Vodafone Idea
Vodafone Idea plans to deploy Samsung's 5G equipment in multiple telecom circles while upgrading its 4G network to improve population coverage from 77% to 90%.
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Bharti Airtel
Nokia is in discussions with Bharti Airtel for a potential multi-billion dollar contract to supply 5G telecom equipment, enhancing Airtel's network capabilities.
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Jet Airways
The Supreme Court is set to rule on Jet Airways' future, with lenders pushing for liquidation while the Jalan Kalrock Consortium seeks to implement its resolution plan.
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BSNL
BSNL partnered with Viasat to demonstrate direct-to-device satellite connectivity in India, enhancing two-way messaging services for users lacking reliable terrestrial options.