Stocks in news: RIL, Maruti, Vodafone Idea, Cipla, Dr Reddy's
RIL, Maruti Suzuki, Bajaj Finserv, SBI Life, Cipla, Dr Reddy's
Shares of RIL, Maruti Suzuki, Bajaj Finserv, SBI Life, Cipla, and Dr Reddy's will be in focus as the companies will announce their second quarter results.
Vodafone Idea
Vodafone Idea Ltd's consolidated net loss widened to Rs 8738 crore for the quarter ended September. Revenue from operations rose by a marginal 0.9% to Rs 10,716 crore.
Read more: Here's the trade setup for today's session
Laxmi Organic
Laxmi Organic reported net profit of Rs 10.7 crore for the quarter ended September.
Revenue from operations stood at Rs 652 crore.
RailTel
RailTel's net profit stood at Rs 68 crore in the second quarter. Revenue for the same period was at Rs 599 crore.
Venus Pipes
Venus Pipes posted net profit of Rs 20.3 crore in the second quarter.
Revenues were at Rs 191.3 crore.
Karnataka Bank
The Board of Karnataka Bank has approved the allotment of Rs 800 crore on a preferential basis.
Novartis
Novartis is currently facing a shortage of one of its products 'Simulect 20 mg'. The company said it is putting best efforts to mitigate the supply issue on a sustainable basis.
