Home Business Stocks To Watch In Trade Today (June 29, 2021): RITES,NALCO,Hindustan Aeronautics

Stocks To Watch In Trade Today (June 29, 2021): RITES,NALCO,Hindustan Aeronautics


Stocks To Watch: RITES, NALCO, Hindustan Aeronautics

NALCO posted a standalone profit of Rs 935.64 crore in the quarter ended March 2021

The domestic stock markets are likely to have a subdued opening due to mixed global cues. The Nasdaq and S&P 500 hit all-time highs on Monday fueled by tech stocks as investors expect a robust earnings season, whereas the Asian markets fell despite gains overnight on Wall Street. Trends on SGX Nifty indicate a cautious opening for the index in India, with a 11-points loss. At 7:30 am, the Nifty futures were trading at 15,862, lower by 11 points, on the Singapore Stock Exchange.

Stocks to watch in trade in today’s session

RITES

Metro Express, Mauritius has awarded additional work of consultancy services to RITES for extension of the mainline from Rose Hill to Reduit through Ebene for an additional fee of MUR 250 million (Rs 45 crore approximately).

NALCO

NALCO posted a standalone profit of Rs 935.64 crore in the quarter ended March 2021 from Rs 102.76 crore in the year-ago period.

Hindustan Aeronautics

Hindustan Aeronautics reported a net profit of Rs 2,159.92 crore in the March quarter against Rs 2,020.11 crore in the yea-ago period, whereas revenues grew from Rs 10,251.66 crore to Rs 10,738.21 crore during the same period.

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