A Look at the Stocks in Focus for October 14

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A Look at the Stocks in Focus for October 14
Credit: © Reuters.

By Malvika Gurung

Investing.com -- The Nifty 50 Futures listed on Singapore Exchange was up 0.4% at 18258.50 at around 9 am. Also, given the record highs (about 1%) at which both Nifty50 and Sensex closed on Wednesday, the Indian equity benchmark indices are likely to open at anticipated highs.

Stocks in focus before the market opens

Infosys (NS: INFY ): The company reported its ‘higher-than-expected Q2 earnings results on Wednesday while revising its revenue guidance to 16.5% to 17.5% from 14-16% for FY22.

Wipro (NS: WIPR ): The IT major’s constant currency revenue in the IT services segment spiked by 8.1% quarter-on-quarter to $2,580 million for the September ending quarter. 

Mindtree (NS: MINT ): The Indian mid-sized IT firm reported a net profit increment of 16.2% sequentially to Rs 399 crore for Q2 and a higher-than-expected growth of 13.4% in constant currency terms. The company’s revenue rose to Rs 2,586.2 crore sequentially for Q2 at 12.8%.

Companies including HCL Technologies (NS: HCLT ), Indiabulls (NS: INBF ) Real Estate, and Century Textiles (NS: CNTY ), etc. will release their earnings for the quarter ending September 2021 today.

Vodafone Idea (NS: VODA ): The telco will attract outside investors and is in final talks to raise funds of around $1 billion in the next 2-3 months, by selling a minority stake to investors including Apollo Global Management and Carlyle.

 

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