Stocks To Watch: Cadila Healthcare, GTPL Hathway, Hero Moto, TVS, UPL

• Hero MotoCorp sales in August grow 10 percent year-on-year
  
• TVS Motor sales in August grow 15 percent year-on-year
  
• Cadila Healthcare receives U.S. FDA approval
  
• GTPL Hathway wins order from Gujarat Government
  
• UPL makes an acquisition in Brazil
  

The Singapore-traded SGX Nifty, an early indicator of Nifty 50 Index's performance in India, gained 0.12 percent to 10,026.

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

August Auto Sales

• Hero Motocorp: August sales grow 10 percent year-on-year to 6,78,797 units
• TVS Motors: Sales up 15 percent year-on-year to 3,17,563 units
• Shivam Autotech: Sales in August up 29 percent compared to last year

Corporate Announcements

• GTPL Hathway: Bags multiple orders worth Rs 48.16 crore from Government of Gujarat
• Cadila Healthcare: Receives final approval from the U.S. FDA to market Mycophenolate Mofetil
• UPL: Acquires 33.33 percent stake in Brazil based Serra Bonita, who is engaged in producing high quality seeds
• Genus Power Infra: Partners with Global Utilities Management Company, Nigeria. Receives an order worth Rs 20 crore for supply of energy meters
• Suprajit Engineering: Sets September 12, 2017 as record date for issue of shares to minority shareholders of Phoenix Lamps. To issue four equity shares for every five shares held in Phoenix Lamps
• South Indian Bank: Reports misappropriation of funds worth Rs 32 crore at one of its branches. Recovery worth Rs 3.78 crore has been made so far
• NDTV: SEBI rejects settlement appeal filed by the company
• Great Eastern Shipping: To buy a second hand medium gas carrier which will join the company's fleet in Q2
• Sterlite Tech: NCLT approves scheme of arrangement between Speedon Networks (WOS) and company
• AU Small Finance Bank: Obtains certificate of registration to act as a corporate agent from IRDAI

Aditya Birla Group's market valuation crosses $50 billion.https://t.co/KgLjsxhh7q pic.twitter.com/ZaF1EN2afA

Other Corporate Announcements

• Coal India: Production in August rises to 37.63 million tonnes while shipments rose to 43.75 million tonnes
• L&T: Subsidiary files application to form an infrastructure investment truse
• Infibeam Incorporation: To issue 2,600 shares for every 100 held in CC Avenue under the terms of merger, post stock split
• JSW Steel: SEBI imposes fine of Rs 2.5 lakh for non-redressal of investor grievances in a timely manner
• UFO Moviez: Acquires 76 percent stake in Sujav Entertainment for Rs 75 lakh
• Nelco: Board approves sale of ISSS and VSAT business to its subsidiary and merger of Tatanet Services (WOS) with itself
• IRB InvIT: Company values Pathankot-Amritsar Toll road project at Rs 17,857.3 crore

#SurfsUp | Nifty is expected to make limited moves for the time being: Altamount Capital's K Subramanyam@AgamVakilhttps://t.co/1sYerfFGFh

F&O Setup

• Nifty futures close at premium of 33 points from 19 points
• Nifty September futures closed at 10,007.3
• Highest Call base for September series at 10,000 strike (open interest up 23 percent at 35 lakh shares)
• Highest Put base for September series at 9,700 strike (Open interest up 6 percent at 40 lakh shares)
• Call strikes of 10,000, 10,100 and 10,200 see addition in open interest
• Put strikes of 9,700, 9,800 and 9,900 see addition in open interest

Active Stock Futures

• Grasim: Sees open interest addition of 41 percent on short side
• Oil India: Sees open interest addition of 23 percent on long side
• Indiabulls Real Estate: Sees open interest addition of 21 percent on long side
• BEML: Sees open interest addition of 20 percent on long side
• Just Dial: Sees open interest addition of 19 percent on long side
• Raymond: Sees open interest addition of 14 percent on long side
• HDIL: Sees open interest addition of 14 percent on long side
• InterGlobe Aviation: Sees open interest shedding of 7 percent; short covering seen

F&O Ban

• Stock in ban: Indiabulls Real Estate
• Out of ban: JSW Energy
• Alert: Only intraday positions can be taken in stocks which are in F&O ban, incase of rollover there is a penalty

UBS has lowered India's GDP growth forecast to 6.6% for this fiscal from 7.2% earlier. https://t.co/evSBTwJ3AJ pic.twitter.com/DaF8yV3hBL

Bulk Deals

Pressman Advertising

• Promoter Pressman Properties Ltd. sold 2.19 lakh shares or 0.9 percent stake at Rs 63.99 each
• Sandhya Mittal bought 2.15 lakh shares or 0.9 percent stake at Rs 64.01

#BQMutualFundShow | Mutual fund expert Rajat Jain lays out the tax benefits of balanced funds.https://t.co/Gx0i9WuzNf pic.twitter.com/ckJg1zm1yI

Earnings Reaction To Watch

D Link (Q1, YoY)

• Revenue down 39 percent to Rs 92 crore
• Net loss of Rs 10.6 crore from net profit of Rs 5 crore
• EBITDA loss of Rs 16.5 crore from EBITDA of Rs 1.5 crore
• EBITDA margins at negative 17.9 percent from 1 percent

Pudumjee Pulps (Q1, YoY)

• Revenue up 26 percent to Rs 5.3 crore
• Net profit down 60 percent to Rs 40 lakh
• EBITDA down 61.5 percent to Rs 50 lakh
• EBITDA margins contract to 9.4 percent from 31 percent

Pudumjee Paper (Q1, YoY)

• Revenue up 1.6 percent to Rs 125 crore
• Net profit up 62.3 percent to Rs 5.6 crore
• EBITDA up 16.7 percent to Rs 10.5 crore
• EBITDA margins expand to 8.9 percent from 7.8 percent

SEBI to detoxify derivatives market; brokers say data overstatedhttps://t.co/S67ZuMBWAU pic.twitter.com/gDzDstqhyu

Brokerage Radar

• Federal Bank: Jefferies initiates coverage with 'Buy' rating and price target of `140
• Maruti Suzuki: CLSA maintains 'Buy' with price target of Rs 9,230
• BHEL: Deutsche Bank Markets Research maintains 'Buy' but cuts price target to Rs 180 from Rs 185
• Vedanta: HSBC maintains 'Buy' and hikes price target to Rs 370 from Rs 340. Axis Capital also raises price target to Rs 362 from Rs 310
• Hindustan Zinc: Axis Capital upgrades to 'Buy' from 'Hold' and raises price target to Rs 336 from Rs 257

Sun TV

• CLSA says if IPL media rights sold at Rs 9,500 crore, SUN TV's revenue from IPL to be Rs 180 crore and net profit will be Rs 53 crore
• CLSA says if IPL media rights sold at Rs 12,500 crore, SUN TV's revenue from IPL to be Rs 210 crore and net profit will be Rs 84 crore

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