Admin Reporter- POOJA1

Apr 07 2021

Stocks to watch: Barbeque Nation, RIL, Airtel, Tata Steel, Inox Leisure

Wednesday, 7 April 2021

Nifty futures on the Singapore Exchange traded only 6 points up at 14,751 around 8.35 am, indicating a flat start for the benchmark indices in Wednesday's session.

Here are the top stocks that are likely to be in focus today:




New Listing: The shares of Barbeque Nation will debut on the bourses today. The Rs 453-crore public issue was subscribed 5.98 times during March 24-26.

RIL, Airtel: Reliance Jio Infocomm said it had signed a definitive agreement with Bharti Airtel to acquire the right to use spectrum in the 800-megahertz (MHz) band in Andhra Pradesh, Delhi, and Mumbai circles through spectrum trading.

Inox Leisure: The company said will raise up to Rs 300 crore through issue of securities either by way of public issue, rights issue or private placement but not limited only to QIP.





Max Financial: Diversified Max Group has sold a 13 per cent stake in Max Life Insurance Company to Axis Bank, which will now be a co-promoter of the insurer.

Tata Steel: The company said it has achieved the highest ever quarterly crude steel production of 4.75 million tonnes with a 3 per cent quarter-on-quarter (QoQ) growth in Q4FY21. For the full year FY21, the production was lower by 7 per cent year-on-year (YoY) primarily due to the disruption caused by COVID-19 pandemic in 1HFY21.

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