Stocks to watch Nov 11: Asian Paints, Britannia, Vedanta, REC, Tata Motors

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Stocks to watch Nov 11: Asian Paints, Britannia, Vedanta, REC, Tata Motors - Business Standard

Quick Summary:

Aster DM Healthcare: The merger negotiations between US-based private equity major Blackstoneowned Quality Care India and Bangalore-based listed hospital chain Aster DM Healthcare have reached the final stage with Blackstone expected to hold a majority stake in the merged entity.

Revenue from operations rose 13.4 per cent to Rs 349.8 crore as compared to Rs 308.5 crore in the year-ago period.

The country’s largest paint maker’s profits fell to Rs 694.64 crore and its decorative paints business (India) volumes declined by 0.5 per cent.