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Stocks to Watch for June 10: Bharti Airtel, Indigo, Ajanta Pharma, OMC stocks and more
Bharti Airtel gains relief after the Bombay High Court quashed OTSC demands, while IndiGo remains in focus following a 10% hike in aviation turbine fuel prices. Ajanta Pharma sees a promoter stake sale via a block deal, the government expands NLC India's OFS, and Dixon Technologies plans a telecom manufacturing joint venture with Gemtek. Here are the key stocks to watch ahead of Wednesday's trading session.
Explained: Why Bharti Airtel, Vodafone Idea shares rallied up to 4% on Tuesday
Bharti Airtel and Vodafone Idea shares gained up to 4% after Bombay High Court quashed the government's one-time spectrum charge demands, providing a combined relief of Rs 20,000 crore to Vodafone Idea and Bharti Airtel. The court ruled the government lacked legal authority to issue the demand notices, annulling all actions taken under them and directing the return of bank guarantees.
Stocks to watch: Adani Enterprises, Bharti Airtel, RVNL, Vodafone Idea, among key stocks in focus on 9 June - Mint
Stocks to watch: Adani Enterprises, Bharti Airtel, RVNL, Vodafone Idea, among key stocks in focus on 9 JuneMint
Here's why Bharti Airtel, Vodafone Idea shares will be in focus today
While company specific details are not available, the estimated relief for both Bharti Airtel and Vodafone Idea is said to be worth nearly ₹20,000 crore.
Stocks in news: Bharti Airtel, Vodafone Idea, NLC India, Motilal Oswal, HCL Tech
Indian markets saw a sharp decline on Monday amid global worries and geopolitical tensions. Nifty moved closer to a key support level. Several companies were in focus. NLC India announced an Offer for Sale. Motilal Oswal saw promoter share sales. HCL Tech launched an AI zone with Google Cloud. IRCTC resumed cooking on trains. IGL has a new MD.
Stocks to Watch for June 9: NLC India, RVNL, Bharti Airtel, Vodafone Idea and more
From RVNL securing a ₹221 crore EPC contract to JSW Energy commissioning a wind blade manufacturing facility in Gujarat and Grasim approving a ₹3,094 crore expansion of its Lyocell business, here are the stocks set to remain in focus ahead of Tuesday's trading session.
Bombay HC sets aside govt order on one-time spectrum charges on Airtel, Vodafone Idea
The Bombay High Court has cancelled the one-time spectrum charges for Bharti Airtel and Vodafone Idea. This decision brings relief of approximately Rs 20,000 crore to both companies. Bank guarantees submitted by the firms will be returned. All demand notices and orders concerning these charges have been set aside. The Supreme Court is still considering the matter.
Telecom industry divided on Airtel's 5G priority plan; Jio, Vi call for regulatory clarity
Bharti Airtel's new priority 5G service for postpaid customers is causing a stir. Rivals Vodafone Idea and Reliance Jio are calling for regulatory review. Authorities are examining if the plan adheres to net neutrality rules. The focus is on ensuring prepaid users do not experience degraded service. This development follows a past ban on similar plans.
Telecom subscriber base grows to 133.7 cr in April, Airtel stays on top: Trai data
Bharti Airtel secured the top spot in subscriber growth for April. The company added 34.82 lakh new customers, surpassing rival Reliance Jio in net additions for both wireless and wireline segments. India's total telecom subscriber base reached an all-time high of 133.75 crore. This growth highlights the dynamic nature of the Indian telecom market.
Top Gainers & Losers on May 18: Gland Pharma, Coforge, PB Fintech, BSE, Voltas, Bharti Airtel among top gainers
Indian stocks marginally gained on May 18, driven by strong tech buying and pharma support, with Nifty 50 up 0.03% at 23,649 and BSE Sensex at 75,263. However, the broader market faced pressure as Nifty Midcap 100 and Nifty Smallcap 100 fell.
Stocks to Watch: Tata Motors PV, Adani Enterprises, JSW Steel, Bharti Airtel, among other stock in focus today - 15 May
Indian benchmark indices rose for the second consecutive session on May 14, with the Sensex gaining nearly 790 points. Bharti Airtel was the top gainer, while wholesale price inflation hit a 42-month high of 8.3%. Key companies are set to release quarterly results soon.
Top Gainers & Losers on May 14: NLC India, Cipla, Bharti Airtel, Vedanta, MCX, BSE, Berger Paints among top gainers - Mint
Top Gainers & Losers on May 14: NLC India, Cipla, Bharti Airtel, Vedanta, MCX, BSE, Berger Paints among top gainersMint