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Important news, must-read stories on NDTV Profit on Tuesday.
The valuation is likely to decline to levels seen prior to the merger announcement, says CLSA.
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Net interest income, or core income, rose 9.4% year-on-year to Rs 12,532 crore.
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Airtel Hexacom operates only in Rajasthan and North East circles and also provides fixed line and broadband services in Rajasthan.
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The power producer's profit advanced to Rs 232.2 crore in the third quarter in comparison with Rs 186.7 crore in the year-ago period.
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Total income from operations was up 5.3% to Rs 3,002.1 crore as against Rs 2,779 crore during the corresponding period of the previous fiscal.
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The layoffs have impacted various divisions, including Sugar.fit and Care.fit.
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Shriram's entry will result in inflows of $245 million and UPL's exit will lead to a $107 million outflow, according to Nuvama.
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