SBI Life, Dr Reddy’s, Bharti Airtel results
Shares of logistics companies such as Container Corp, Blue Dart, Gati, Patel Integrated, VRL Logistics, Transport Corporation of India, Allcargo and Snowman Logistics will remain in focus, as the public issue of Mahindra Logistics opens for subscription. Mahindra & Mahindra and private equity investor Kedaara Capital will each sell 96.6 lakh shares through the IPO. This represents a stake of nearly 27.5 per cent. Mahindra Logistics is not selling any fresh shares. Around 50 companies will announce their quarterly results for the July-September period on Tuesday. Among these are Ajanta Pharma, Bharti Airtel, Blue Star, Cholamandalam, Concor, Dabur, DB Corp, Divi’s Labs, Dr Reddy’s Laboratories, EIH Associated, Escorts, IDBI Bank, IIFL Holdings, InterGlobe, Inox Leisure, LG Balakrishnan, JSW Steel, Kaya, KPIT Tech, IRB InvIT, Max Ventures, Strides Shasun, Symphony, Syndicate Bank, SBI Life Insurance, Unichem, VST Ind and Welspun.