Stocks To Watch: Aditya Birla Capital, Biocon, Himachal Futuristic, Punj Lloyd

• Biocon's insulin facility in Malaysia receives EU GMP compliance certificate
  

• GTPL Hathway foreign institutional investor limit hiked to 49 percent from 24 percent

• Bank of India cuts marginal cost of lending rate by 0.05-0.10 percent for various tenors from September 10.

• Tata Elxsi fixes September 19 as record date for bonus
  
• Punj Lloyd gets Rs 870 crore order for canal work in Maharashtra
  

The Singapore-traded SGX Nifty, an early indicator of Nifty 50 Index's performance in India, gained 0.17 percent to 9,974.

All you need to know going into trade this Friday. https://t.co/8t7L9WVEKR pic.twitter.com/Ww3oAUJRFt

Here are the stocks to watch in today's session:

• Bharat Financial: Assigns Rs 519 crore of receivables to a bank as per RBI Guidelines
• TCS: Partners with GE to integrate intelligence into services data lake platform
• Punj Lloyd: Gets Rs 870 crore order for canal work in Maharashtra
• Biocon: Insulin Facility in Malaysia Receives EU GMP Compliance Certificate
• CCL Products: FII/FPI limit raised to 40 percent from 24 percent
• GTPL Hathway: FII limit hiked to 49 percent from 24 percent
• Bombay Dyeing: Sold 48.457 acres land in Pune for Rs 13.57 crore
• Bank of India: Cuts marginal cost of lending rate to 8.3 percent
• Sharda Motor: Filed petition against Toyo Sharda before NCLT
• Jindal Worldwide: Acquired 84 lakh shares of Balaji Weft for Rs 8.41 crore taking their holding in the company to 60.44 percent
• Vista Pharmaceuticals: Received EIR from the U.S. FDA for its formulation facility in Telangana
• Spicejet: Looking at jets for planned low-cost, long-haul move
• Majestic Auto: Shuts down electric motor division due to lack of viable orders
• Talwalkar: Promoter Vinayak Gawande sells 1 lakh shares in open market on September 6
• Aditya Birla Capital: Shares will be permitted under ‘B' group with effect from September 15

Crest Ventures

• Acquired 3.16 percent in Classic Mall Development for Rs 43.50 crore
• Holding increased to 49 percent from 45.84 percent post acquisition

Gammon India

• Sells stake in Gammon Infrastructure Projects (GIPL) in various tranches in the open market
• GIPL ceases to be subsidiary of company, post the sale

Viral Acharya worried about lack of a concrete recapitalisation plan for state-run banks. https://t.co/FR5yYhI2XL pic.twitter.com/KrEt5tsrJY

Other Corporate Announcements

• Circuit filters: Jindal Photo to 10 percent, Future Retail DVR to 10 percent
• Tata Elxsi: Announces September 19 as the record date for bonus issue
• Government: Allows 300,000 tonne of sugar import at 25 percent duty for 60 days
• SEBI: Seeks views on mandatory physical settlement of equity F&O

IPO

• Dixon Technologies IPO Day 3. Issue subscribed 4.25 times at the end of Day 2.
• Bharat Road Network IPO Day 3. Issue subscribed 0.69 times at the end of Day 2.
• ICICI Lombard General Insurance IPO issue price at Rs 651 - Rs 661 per share.

Today's Nifty Call

F&O Setup

• Nifty Sep Futures closed with a premium of 24.7 points versus 19 points
• Nifty Sep Futures open interest up 1 percent & Bank Nifty open interest up 6 percent
• India VIX closed down 0.8 percent at 13
• September series highest Call base at 10000 (open interest at 47 lakh, up 9 percent)
• September series highest Put base at 9700 (open interest at 50.4 lakh, up 8 percent)
• Call strikes 9900, 10,000, 10200 saw open interest addition
• Put strikes 9700, 9800, 9900 saw open interest addition

Active Stock Futures

• Cadila saw open interest addition of 31 percent on long side
• VGuard saw open interest addition of 29 percent on long side
• Nalco saw open interest addition of 17 percent on long side
• Arvind saw open interest addition of 14 percent on long side
• Tata Elxsi saw open interest addition of 13 percent on long side
• ITC sees saw open interest addition of 11 percent on short side
• Srei Infra saw open interest addition of 11 percent on short side
• Raymond saw open interest addition of 11 percent on long side
• Just Dial saw open interest shedding of 17 percent, long unwinding seen

F&O Ban

• Indiabulls Real Estate
• JSW Energy
• Just Dial

Increasing awareness and maturity among investors is propping up inflows into mutual funds.https://t.co/KBty1CsMXo pic.twitter.com/GBMF0wT00r

Bulk Deals

Equitas Holdings

• Morgan Stanley bought 1.03 crore shares or 3 percent stake at Rs 172 each
• Cinnamon Capital sold 1.65 crore shares or 4.9 percent stake at Rs 172 each

Mayur Uniquoters

• Kotak Funds – India Midcap Fund bought 15.50 lakh shares or 3.4 percent stake at Rs 360 each
• L&T mutual fund bought 20 lakh shares or 4.4 percent stake at Rs 360 each.
• Westbridge Crossover Fund LLC sold 29.72 lakh shares or 6.5 percent stake at Rs 360.02 each
• Jwalamukhi Investment Holdings sold 17.50 lakh shares or 3.8 percent stake at Rs 360 each

Syngene International

• Camas Investments PTE bought 47.85 lakh shares or 2.4 percent stake at Rs 461 each
• Silver Leaf Oak (Mauritius) sold 47.84 lakh shares or 2.4 percent stake at Rs 461 each

• GKW Ltd: IDBI bank sold 67,500 shares at Rs 433.79 each
• Religare Enterprises: Yes Bank Sold 10.45 lakh shares or 0.6 percent stake at Rs 38.44 each
• Himachal Futuristic Communications: GMO Emerging Markets Quality Fund bought 87.49 lakh shares or 0.7 percent stake at Rs 28.13 each

.@ICICILombard is going public.https://t.co/jpeViRW9UP

Earnings To Watch

• Anuh Pharma
• Asian Oilfields
• Everest Kanto
• Federal Mogul
• Fortune Financial
• Honda Siel
• Hotel Leela
• Kirloskar Electric
• Kernex Micro
• Linc Pens
• Lambodhara Textiles
• Omax Auto
• Poddar Housing

Earnings Reaction To Watch

Shreyans Industries (Q1, YoY)

• Revenue up 12 percent to Rs 113 crore
• EBITDA grew 60 percent to Rs 12 crore
• Margin stood expanded to 11.2 percent compared to 7.9 percent
• Profit grew 75 percent to Rs 7 crore

Vaibhav Global (Q1, YoY)

• Revenue up 5 percent to Rs 330 crore
• EBITTDA grew 5.7 percent to Rs 18.5 crore
• Margins flat at 5.6 percent
• Profit went up 36.4 percent at Rs 15 crore

Global Vectra Helicorp (Q1, YoY)

• Revenue up 5.3 percent to Rs 100 crore
• EBITDA grew 13.3 percent to Rs 17 crore
• Margin expanded to 17 percent compared to 15.8 percent
• Profit down 50 percent to Rs 1 crore

Uttam Sugar (Q1, YoY)

• Revenue grew 52.4 percent at Rs 375 crore
• EBITDA went up 56.8 percent at Rs 58 crore
• Margin expanded to 16.4 percent compared to 15.7 percent
• Profit up 92 percent to Rs 23 crore

Action Construction Equipment (Q1, YoY)

• Revenue went up 22.6 percent to Rs 201 crore
• EBITDA fell 10 percent to Rs 9 crore
• Margin narrowed to 4.8 percent compared to 6.5 percent
• Profit grew 26.7 percent to Rs 3.8 crore

Government needs to put a policy road map in place: Vinod Dasari to @Krishanu90 at SIAM conference.https://t.co/bSIc4HbjgZ pic.twitter.com/CQbJIljzAm

Brokerage Radar

• Tata Motors: IDFC maintained their ‘Neutral' stance with price target of Rs 404
• Vedanta: JPMorgan maintained ‘Overweight' on the stock with price target raised to Rs 350 from Rs 310
• L&T: Citi reiterated its ‘Buy' rating on the stock with price target hiked to Rs 1,452 from Rs 1,341
• Glenmark Pharma: Credit Suisse retained its ‘Neutral' rating with price target cut to Rs 650 from Rs 700
• Sun TV: IIFL maintained an ‘Add' rating with price target of Rs 892
• Motherson Sumi: IIFL reiterated its ‘Buy' rating with price target of Rs 350
• SpiceJet: Edelweiss maintained its ‘Buy' rating on the stock with price target hiked to Rs 150 from Rs 138

Hindalco

• HSBC retained its ‘Buy' rating with price target hiked to Rs 285 from Rs 240
• JPMorgan maintained ‘Overweight' on the stock with price target raised to Rs 270 from Rs 255

#DealStreet | Six startups together raised nearly $100 million last week, reports @nsd308.https://t.co/iNPsKU9pPM

Media Reports

• UCO Bank: To sell Rs 2,420 crore of bad loans. (Mint)
• Havells: Looks to triple revenue to Rs 20,000 crore in next 5 years. (Mint)
• Nitesh Estates: Abu Dhabi, GIC in fray for over Rs 600 crore Nitesh Estates subsidiary, Nitesh Hub. (Times of India)
• Tata Motors: Plans global SUVs on JLR platform. (Times of India)
• Bank of Baroda: Puts 275 properties on the block. (Economic Times)
• Monsanto: Exits cotton seeds business in India. (Economic Times)
• Idea Cellular: Brookfield joins race to buy Vodafone and Idea stakes in Indus Towers. (Economic Times)
• Orient Green Power: Company's merger talks with IL&FS Wind hit a hurdle. (Economic Times)
• Brookfield joins race to buy Vodafone and Idea Cellular's stakes in Indus Towers (Economic Times)
• IDBI Bank seeks bids to sell 13.71 percent stake in Small Industries Development Bank of India (Financial Express)

The Supreme Court has given the "Iron Throne" to the Insolvency Code, reports @PayaswiniLLBhttps://t.co/rdsLnBQyu0 pic.twitter.com/lbv0YNjYD2

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