Stocks Under Focus on Aug 2: Bharti Airtel, Siemens, Adani Green, NMDC & More

Published 02-08-2022, 10:07 am
Updated 02-08-2022, 10:08 am
© Reuters.

By Malvika Gurung

Investing.com -- Telecom Stocks: Reliance (NS:RELI) Jio emerged as the largest bidder for the 5G spectrum, bagging a total of 24,740 MHz of the spectrum with a Rs 88,078 crore bid. Bharti Airtel (NS:BRTI) has bought a 19,867 MHz airwave for Rs 43,084 crore, and Vodafone Idea (NS:VODA) has made a bid of Rs 18,784 crore.

NMDC (NS:NMDC): The state-owned mineral producer’s iron ore production declined 33% YoY to 2.05 MT in July and sales dropped 10.33% YoY to 2.95 MT.

Pfizer (NS:PFIZ) : The pharma major has received purchase consideration from Mylan for Rs 180.48 crore, on transferring the Upjohn business which comprses 6 brands, including Lyrica and Viagra.

IIFL Finance (NS:IIFL): The financial services company has announced opening over 100 branches and aims to double its business in the affordable segment to 20% in the upcoming years.

Bharat Electronics (NS:BAJE): The state-owned company’s board will conduct a meeting on August 4, 2022, and consider proposing a bonus share issue to shareholders.

Some Companies Releasing Q1 FY23 Earnings on Tuesday

  • Siemens (NS:SIEM)
  • Indus Towers (NS:INUS)
  • Adani Green Energy (NS:ADNA)
  • Bosch (NS:BOSH)
  • Voltas (NS:VOLT)
  • Bank of India (NS:BOI)
  • Deepak Nitrite (NS:DPNT)
  • Godrej Properties (NS:GODR)

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