Bharti Airtel, Tata Steel, SBI & YES Bank: Here's The Some Stocks To Watch Today

SGX Nifty50 was down 0.2 percent at 17,464.5 on Monday which hinted at a flat weak opening for Indian benchmark indices.
Bharti Airtel, Tata Steel, SBI & YES Bank: Here's The Some Stocks To Watch Today

New Delhi: Bharti Airtel, Tata Steel, SBI and YES Bank are some of the stocks where investors will keep a tap on it on Monday trading.

SGX Nifty50 was down 0.2 percent at 17,464.5 on Monday which hinted at a flat weak opening for Indian benchmark indices.

Here's the list of stock to watch today and will be in news throughout the day.

Bharti Airtel:

According to a regulatory filing, the Bharti Airtel plans to spend about Rs 1.17 lakh crore through business transactions with its subsidiaries like Indus Towers, Nxtra and Bharti Hexacom.

Tata Steel: The stocks of Tata steel will too be in focus today as the group has reported a surge of 139 percent year-on-year in its consolidated net profit at Rs 9,572 crore for the quarter ended December 31, 2021.

Coming to net profit, the group has posted a net profit of Rs 4,011 crore in the year-ago period. In the September quarter, the firm had reported a profit of Rs 12,548 crore.

SBI: The public sector bank has reported a 62.27 percent year-on-year rise in its net profit to Rs 8,431.9 crore in quarter 3. The Net Interest Income (NNI) of India's largest lender rose 6.48 percent on-year to 30,687 crore from Rs 28,820 crore.

The interest earned by the SBI for the quarter rose to 4.41 percent to Rs 69,678.12 crore from Rs 66,734.50 crore during the same quarter last year.

YES Bank: According to reports, the private equity group Advent International is evaluating a Rs 7,500 crore ($1.00 billion) investment in YES Bank to further capitalise it which place in the list of top stocks to watch today.

Shree Cement: Despite reporting a lower profit at Rs 482.70 crore in Q3FY22 against Rs 631.58 crore in Q3FY21, the revenue of the company rose to Rs 3,637.11 crore from Rs 3,557.21 crore YoY.

Paytm: The company's too jumped 89 percent at Rs 1,456.1 crore as compared to 772 crore YoY despite it reported a net loss at Rs 778.5 crore against a loss Rs 535.5 crore YoY.

Also read: Budget 2022: Govt Proposes Hike In Penalty On Delay In TDS Certificate To Rs 500 From Rs 100/day

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