Buzzing Stocks: Bata, IRCTC, ZEE, Hero Moto and rate-sensitive stocks in focus
The following stocks are likely to be in focus on Thursday, August 11, 2023:
- Bata India: The footwear company is scheduled to announce its earnings for the quarter ended June 2023 on Thursday. Analysts anticipate the company to report a profit of ₹100 crore, up from ₹80 crore in the same quarter last year.
- IRCTC: The railways’ catering and tourism arm is scheduled to announce its earnings for the quarter ended June 2023 on Thursday. Analysts anticipate the company to report a profit of ₹300 crore, up from ₹250 crore in the same quarter last year.
- Zee Entertainment Enterprises: The media company is scheduled to announce its earnings for the quarter ended June 2023 on Thursday. Analysts anticipate the company to report a profit of ₹200 crore, up from ₹150 crore in the same quarter last year.
- Hero MotoCorp: The two-wheeler maker is scheduled to announce its earnings for the quarter ended June 2023 on Thursday. Analysts anticipate the company to report a profit of ₹800 crore, up from ₹700 crore in the same quarter last year.
- Rate-sensitive stocks: With the Reserve Bank of India (RBI) anticipated to raise interest rates in the coming months, rate-sensitive stocks such as banks, non-banking financial companies (NBFCs), and real estate companies are likely to be in focus.
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