After Mukesh Ambani discussed leadership planning in Reliance Industries on Tuesday, investors’ eyes have become sharp on its shares.
Today, the shares of Reliance Industries, Bharti Airtel, TCS, ITC, PVR and Inox will be monitored in the market. The market is eyeing the excitement over the leadership transition in Reliance Group. At the same time, Bharti Airtel has tied up with TCS to develop 5G based remote working technology using robotics.
Reliance Industries
After the discussion of leadership planning in Reliance Industries by Mukesh Ambani on Tuesday, the eyes of investors have become sharp on its shares. On Reliance Family Day, Mukesh Ambani said that he wants this transition to be accelerated together with the seniors of the group so that the new generation can get a chance.
ITC
The first solar plant of ITC Group, which does business in the cigarette, FMCG and hospitality sectors, is about to be set up in Tamil Nadu. 76 crores will be spent on this. This project is in line with the vision of Group Chairman Sanjeev Puri. The group wants to meet 100% of the grid electricity requirement from renewable energy. Its deadline is till 2030.
Multiplex Stock
Today the focus will be on the shares of PVR, Inox Leisure. Investors will keep an eye on how the momentum in Omicron is affecting their business. Restrictions have started in Delhi regarding Omicron. This will affect their business.
Indigo, SpiceJet
The effect of Omicron restrictions may be seen on the shares of Indigo and SpiceJet. The eyes of the market will be on the shares of these two airlines companies.
Bank Stocks
According to the data released by the RBI on Tuesday, despite Corona, the asset quality of the scheduled commercial bank has been good. According to the data, the gross NPA (September) of these banks was 6.9 percent. Whereas in March it was 7.3 percent.
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Textile Stocks
On Tuesday, the government has issued operational guidelines for the PLI scheme of the textile industry. Rs 10,683 crore will be released under PLI for the textile sector. After this announcement of the government, the shares of Shiva Mills, Loyal Textile, HP Cotton Textile Mills and Anjani Synthetics rose in double digits on Tuesday.
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