RIL, Tata Consumer, Patel Engineering, Indian Overseas Bank

RIL, Tata Consumer, Patel Engineering, Indian Overseas Bank

Reliance Industries Ltd. will be in focus on Tuesday after it reported an 8.2% rise in net profit and a 5.6% jump in revenue. The stocks of Tejas Network Ltd. and Rallis Ltd. will also be in focus. In addition, Tata Consumer Products Ltd. will be in the spotlight as it announces its quarterly earnings.Construction company Patel Engineering Ltd. launched its qualified institutional placement on Monday to raise up to Rs 400 crore. The indicative price has been set at Rs 56.53 apiece, representing a discount of 10.06% to the last closing price. The floor price is Rs 59.5.Indian Overseas Bank has approved a fundraise of up to Rs 6,000 crore via debt and equity instruments. The bank will…
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Source: https://www.ndtvprofit.com/amp/markets/stocks-to-watch-ril-tata-consumer-patel-engineering-indian-overseas-bank