Stocks To Watch Today: Titan, TCS, BoB, Delta Corp & More

Among TCS, Titan, JSW Steel, IDFC First Bank and Birla Corporation, here are the top stocks to watch today on 11th October.

Bank of Baroda

Based on some supervisory issues it had found with the Bank's mobile banking onboarding procedures, the Reserve Bank of India instructed Bank of Baroda to suspend all customer onboarding for its "bob World" mobile application with immediate effect in its press release dated 10th October 2023.

"Further onboarding of customers on the "bob World" application will be subject to further strengthening of related processes by the Bank to the satisfaction of RBI," said the bank in a stock exchange filing.

TCS

On Wednesday, October 11, Tata Consultancy Services (TCS) will release its financial results for the quarter ended in September 2023. In addition, the TCS board will take into consideration a share buyback proposal.

JSW Steel

For the period of July through September 2023-24, JSW Steel reported a spike in its consolidated production of 13% to 6.41 million tonnes (MT). The company announced in a statement on Tuesday that during the second quarter of 2022-23, it had produced 5.68 MT of crude steel. However, the production dropped by 3% on a QoQ basis.

Delta Corp

The company will release its Q2FY24 results on 11th October, Wednesday.

IDFC First Bank

On Tuesday, CRISIL gave the Tier-II bonds of IDFC First Bank Bank, totalling Rs 3,000 crores (under Basel III), a rating of "CRISIL AA+/Stable." According to a statement released by IDFC First Bank on Tuesday, CRISIL has also reaffirmed its ratings of "CRISIL AA+/Stable" and "CRISIL A1+" for the bank's Tier-II bonds (issued under Basel III) totalling Rs 5,000 crores and Rs 45,000 crores, respectively.

Titan Company

On October 17, the Board of Directors of the firm will meet to discuss the issuing of non-convertible debentures through a private placement basis.

Birla Corporation

The flagship company of the MP Birla Group stated that it will have to pay a fine of Rs. 8.42 crore for producing excessive limestone in Madhya Pradesh between 2000-01 and 2006-07 without securing the appropriate environmental clearance as required by the Environmental Impact Assessment (EIA).