Buzzing Stocks: Tata Motors, Bharti Airtel, Pidilite Industries, and others in news today

“Check out the companies making headlines before the opening bell”.

Results on January 25: Tata Motors, Bajaj Auto, Dr Reddy’s Laboratories, Cipla, Amara Raja Batteries, Arvind, Ceat, Chennai Petroleum Corporation, Dixon Technologies, DLF, Embassy Office Parks REIT, Equitas Holdings, Go Fashion, Indraprastha Gas, Indian Bank, Jyothy Labs, Olectra Greentech, Patanjali Foods, Tata Elxsi, TeamLease Services, Torrent Pharmaceuticals, and VIP Industries will be in focus ahead of quarterly earnings on January 25.

Bharti Airtel: The telecom operator has confirmed that it has raised minimum tariff plans in 7 circles. According to a CNBC-TV18 report, Airtel has raised minimum tariff plan to Rs 155 from Rs 99-111 earlier. The company’s spokesperson said that they have discontinued metered tariff & introduced an entry-level plan of Rs 155 in 7 circles

Barbeque-Nation Hospitality: Anurag Mittal has resigned as Chief Financial Officer of the Barbeque-Nation Hospitality. He will cease to be Chief Financial Officer from February 7, 2023. The company will release its quarterly earnings scorecard on February 7

Triveni Engineering Industries: The company said the board members have approved further capex of Rs 90 crore for sugar business group and Rs 100 crore capex for power transmission operations. In addition, the company has reported a 13% year-on-year growth in consolidated profit at Rs 147.3 crore for quarter ended December FY23, led by lower tax cost and higher other income. Revenue grew by 34% to Rs 1,659 crore compared to year-ago period, but operating profit fell 4.6% YoY to Rs 193.4 crore for the quarter.

Rail Vikas Nigam: Rail Vikas Nigam bags Rs 38.4 crore worth order from Southern Railway. The company has received letter of award for provision of automatic block signalling with dual MSDAC, EI/OC interface and block optimization in Arakkonam Junction-Nagari section of Chennai division in Southern Railway. The cost of the project is Rs 38.4 crore.

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