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Stocks to Watch| Aviation stocks, Bank Stocks, ITC Ltd. & much more

Stocks to Watch: On Tuesday the share market ended in the negative, making the investors rethink their choices.

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Aviation stocks

Aviation stocks might enter in positive territory as the traffic in the country logged a 26 percent month-on-month growth at 2.6 million passengers in August, with airlines scaling up capacity by 27 percent over July.

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Bank Stocks

The central bank of India has set up the KV Kamath panel in order to suggest debt recast rules. The panel has suggested 5 different financial parameters to tackle up the problems that the banking sector is facing amid the pandemic and banks may think about restructuring loans to meet the parameters by 2022.

Dr. Reddy’s Laboratories

Dr. Reddy’s Laboratories has launched a therapeutic equivalent generic version of Faslodex (fulvestrant) Injection called Fulvestrant Injection, 250 mg/5 mL (50 mg/mL) per Single-dose Syringe. This may increase the price and popularity of the stocks of the company. So, an investor must keep a close eye to it.

ITC Ltd.

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ITC,

ITC Ltd. is planning to expand the capacity of some of its already existing services as the demand for these services has been increased amid the pandemic in the share market.

Real estate Stocks

A greater Leeway has been provided to the real estate with the highest debt to Ebitda ratio.

Reliance Industries Ltd.

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Reliance Industries Ltd. (RIL) is in the initial stage in the talks with the social media giant Facebook to make a retail business investment. The company is also looking forward to investing in the private equity fund KKR.

State Bank of India

State Bank of India (SBI) is the country’s largest bank. The bank raised around Rs. 4,000 crores in perpetual bonds on Monday. This is providing some clues that the investors are planning to invest in the bank even after being hit by the Yes Bank Case.

Telecom Stocks

According to the experts for the growth of the telecom industry, the pricing revival is an important step as at present the industry’s tariffs are at a much lower stage. This requires attention from the investors.

Also, read Reliance and BP form a joint venture for rebranding petrol pumps