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Stocks in Focus: Radico Khaitan, Vodafone Idea, and Others

Stocks in Focus: Paytm, Pine Labs, WIpro, JK Cement, and Others - EP
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The GIFT Nifty futures, which are an early indicator of the Nifty50 index stocks, were trading higher by 61 points at 24,616, indicating that the domestic benchmark indices are likely to make a positive start on Wednesday.

Earlier on Tuesday, 12 August, the Domestic benchmark indices S&P BSE Sensex slumped by 368 points or 0.46%, and settled at 80,235, while the Nifty50 traded 0.40% lower or 97 points, closing at 24,487.

Here are some stocks that are likely to remain in focus on 13 August.

Quarterly Results Today: Bharat Petroleum Corporation, CSB Bank, United Spirits, Brainbees Solutions, Firstcry, Godrej Industries, Hindustan Copper, Aditya Birla Fashion and Retail, Anthem Biosciences, Engineers India, Indian Railway Catering and Tourism Corporation, Jubilant FoodWorks, Kalpataru, Nuvama Wealth Management, Pfizer, Samhi Hotels, Laxmi India Finance, Samvardhana Motherson International, Muthoot Finance, Texmaco Rail & Engineering, and Vishal Mega Mart are some of the prominent companies set to announce their quarterly earnings for April-June. 

Radico Khaitan: Radico Khaitan’s board approved a strategic investment and partnership, allowing the company to acquire a 47.5% equity stake each in D’YAVOL Spirits BV and D’YAVOL Spirits for Rs 40 crore.

Vodafone Idea: Vodafone Idea signed a Power Purchase Agreement and a Share Purchase Agreement to acquire up to a 26% stake in Aditya Birla Renewables SPV 3, a special purpose vehicle created to own and operate a captive power plant.

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