Buzzing Stocks | ITC, Bharti Airtel, BPCL and others in news today

Buzzing Stocks | ITC, Bharti Airtel, BPCL and others in news today

Stocks In the News: Check out the companies making headlines before the opening bell.





May 18, 2022 / 06:58 AM IST





Results on Wednesday: ITC, Aditya Birla Fashion and Retail, Arvind, Barbeque Nation Hospitality, Brookfield India Real Estate Trust REIT, Finolex Industries, GIC Housing Finance, GMR Power and Urban Infra Ltd, GTL Ltd, Indraprastha Gas Ltd, InterGlobe Aviation Ltd, Indian Overseas Bank, JK Lakshmi Cement, LIC Housing Finance, Lupin Ltd, Manappuram Finance, NDTV Ltd, Pidilite Industries Ltd, , Route Mobile, Shyam Metalics, Shriram Asset Management Co, Westlife Developments Ltd.





Shares of ITC Ltd will be in focus ahead of its March quarter results on Wednesday. ITC is expected to report a healthy year-on-year (YoY) growth of 10-12 percent in its consolidated profit after tax (PAT). Sequentially, however, PAT is likely to remain flat. Consolidated earnings are likely to be between Rs 4,100 crore and Rs 4,250 crore for the quarter ended March 2022. Brokerages expects revenue between Rs 14800 crore and Rs 15600 crore for the quarter.





BPCL will be in focus as the government plans selling lower stake. Government officials are considering inviting bids for a 20-25 percent stake in BPCL,