TV Cars, Titan, Britannia, Vodafone Idea, Aditya Birla Fashion and more | Tech Reddy


Stocks to watch: TVS Motor, Titan, Britannia, Vodafone Idea, Aditya Birla Fashion and more
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The Indian stock market is likely to start Friday’s session on a flat note. TVS Motor, Titan, Britannia, Vodafone Idea, Aditya Birla Fashion, and Mahindra Lifespace are stocks to focus on today.

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Salaries: Aditya Birla Fashion and Retail, Britannia Industries, Gail (India), Cummins India, Titan, and TVS Motor Company among others are expected to report their quarterly financial results on Friday.

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HDFC: The lender on Thursday reported an 18 percent growth in net income to Rs 4,454 crore in the September quarter, mainly driven by higher loan sales that reached an eight-year high of 36 percent. Marketing firm CLSA says HDFC is nearing the end of its underperformance.

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Car Hero: The two-wheeler maker reported its earnings after trading hours on Thursday. It saw a 9 percent decline in its consolidated profit to Rs 682 crore for the second quarter ended September 30, mainly due to improved costs and a slight dip in sales during that period. (Image: Shutterstock)

Gautam Adani of Adani Enterprises
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Adani Enterprises: Gautam Adani’s flagship firm reported a double-digit increase in revenue for the September quarter after strong performance in its integrated equipment management and airport divisions.

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Mahindra Accommodation: Mahindra Lifespace Developers Ltd on Thursday reported a consolidated loss of Rs 7.7 billion for the quarter ended September on higher costs.

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Vodafone’s vision: The debt-ridden telecom operator reported widening of consolidated loss to Rs 7,595.5 crore in the second quarter ended September. Average revenue per user (ARPU), the company’s key growth metric, rose 19.5 percent to Rs 131 crore year-on-year.


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