Stocks To Watch: Axis Bank, Britannia Industries, Info Edge (India)

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Stocks To Watch: Axis Bank, Britannia Industries, Info Edge (India)

The domestic stock markets are likely to open flat this morning. Trends on SGX Nifty indicate a flat start for the broader index in India. At 7:30 am, the Nifty futures were trading flat around 14,656 on the Singapore Stock Exchange.
Stocks to watch in trade in today's session



Axis Bank

Axis Bank posted a net profit of ₹ 2,677 crore for the quarter ended March 2021 on the back of a steep fall in bad loan provisions. It had reported a loss of ₹ 1,387.8 crore during the corresponding period. Its net interest income grew by 11 per cent to ₹ 7,555 crore in the fourth quarter compared to ₹ 6,807.7 crore during the corresponding period.

Britannia Industries

Britannia Industries' net profit in the March quarter fell 3.3 per cent to ₹ 360.1 crore from ₹ 372.3 crore, while revenues rose 9.2 per cent to ₹ 3,130.7 crore from ₹ 2,867.7 crore, YoY.

Bajaj Finance

Bajaj Finance'S consolidated net profit rose 42 per cent to ₹ 1,347 crore in Q4FY21 from ₹ 948 crore, while net interest income declined 0.5 per cent to ₹ 4,659 crore from ₹ 4,684 crore, YoY.

Info Edge (India)

Info Edge (India) will sell stake worth ₹ 750 crore in the initial public offering of its investee company Zomato.

Source- https://www.ndtv.com/business/stocks-to-watch-in-trade-today-april-28-2021-axis-bank-britannia-industries-info-edge-india-2423277