Stocks to Watch: RIL, InterGlobe Aviation, Bharti Airtel, GSK Pharma, Eicher Motors
NEW DELHI : Here’s a list of top stocks that may be in news on Thursday:
RIL: Reliance BP Mobility Ltd (RBML), a joint venture of Reliance Industries (RIL) and UK’s energy major BP Plc, will set up battery swapping stations at its fuel outlets and spend around ₹3000 crore to expand the fuel retail network, according to a Mint report. RIL and BP, which set up RBML this month, will operate under the Jio-BP brand. BP will pay ₹7,000 crore to RIL for its 49% stake in the venture.
InterGlobe Aviation: The company reported a net loss of ₹2,844.3 crore for the three months ended June due to disruptions caused by the coronavirus pandemic. InterGlobe Aviation Limited, which operates the country’s largest airline IndiGo, had reported a net profit of ₹1,203.1 crore in the year-ago period.
