Stocks To Watch: HCC, Jaiprakash Associates, Wockhardt

The Singapore traded SGX Nifty, an early indicator of Nifty's performance in India, fell 0.4 percent to 9,351.

Your Friday morning briefing.https://t.co/PwCZNWlj2E pic.twitter.com/jh8Daoeeud

May 5, 2017

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

• ONGC: ONGC Videsh drilled a total depth of 11,556 feet and discovered hydrocarbon shows of oil and gas at the Mariposa-1 well in Columbia
• Wipro: Seeks shareholder nod to issue bonus shares
• Strides Shasun: Exited probiotic and African generic manufacturing business
• Wockhardt: Approves fund raising by issuing equity shares worth not more than Rs 1,000 crore and via NCDs worth Rs 1,200 crore
• Edelweiss Financial Services: CRISIL rates proposed short-term debt issue of Rs 2,000 crore as A1+
• Oberoi Realty: Approves raising of funds up to Rs 1,500 crore via NCDs and by way of equity shares worth Rs 750 crore
• SunFlag Iron and Steel: Board approves a 50:50 Joint Venture with Uttam Galva Metallics Ltd. for an investment of Rs 5 crore to mainly participate in the fifth tranche of coal block auctions
• Indian Bank: Reduces base rate to 9.45 percent from 9.65 percent
• Noida Toll Bridge Company: Company's GDR stopped trading on the AIM segment of the London Stock Exchange
• Varun Beverages: Begins commercial operations at its new plant in Hardoi District of Himachal Pradesh
• Jaiprakash Associates: Interest on company's NCDs remain unpaid for more than three months
• Praj Industries: Launches India's first integrated bio-refinery for renewable fuels and chemicals in Pune
• TVS Motors: Tops JD Power 2017 customer satisfaction study for the second consecutive year
• IDFC: RBS sells Rs 2.56 crore shares or 1.6 percent stake at Rs 61 per share
• Time Technoplast: American Fund Insurance Series sells 14.2 lakh shares or 0.6 percent stake at Rs 127 per share

World's largest coal miner @CoalIndiaHQ considering listing on London Stock Exchange.https://t.co/LpeOv6ESRB pic.twitter.com/6NxkRavhdC

May 5, 2017

Media Reports

• MSCI Rejig: Indian Oil, Rural Electrification Corporation and Federal Bank may get included in the index on May 15. (Economic Times)
• Sun Pharma Advanced Research Company: To consider raising fund via shares. (Bloomberg)
• Fortis Healthcare: Board to consider issue of Rs 500 crore via NCDs. (Bloomeberg)
• PTC India: BSES Rajdhani signs pact with the company to buy 100 MW wind power at Rs 3.46 per kwh for 25 years. (Bloomberg)

Triple default by Jaiprakash Associates.https://t.co/PEh8pTQZoD pic.twitter.com/ztosNoo24Z

May 5, 2017

Earnings Reaction To Watch

Wockhardt (Q4, YoY)

• Net loss of Rs 207.2 crore compared to loss of Rs 13 crore
• Revenue down 14.5 percent at Rs 863.5 crore compared to Rs 1,010.25 crore
• EBITDA loss of Rs 164.3 crore compared to EBITDA of Rs 65.25 crore

L&T Infotech (Q4, QoQ)

• Net profit up 3.7 percent to Rs 244.7 crore compared to Rs 235.9 crore
• Revenue flat at Rs 1,592.9 crore compared to Rs 1,593.7 crore
• EBITDA margin expands to 17.6 percent compared to 17.05 percent
• Announces a final dividend of Rs 9.7 per share

Emami (Q4, YoY)

• Net profit up 0.9 percent at Rs 83.3 crore compared to Rs 82.6 crore
• Revenue down 4.4 percent at Rs 577.7 crore compared to Rs 604.3 crore
• EBITDA margin flat at 30.8 percent compared to 30.9 percent
• Announces final dividend of Rs 5.25 per share

HCC (Q4, YoY)

• Net profit down 4 percent at Rs 20.9 crore compared to Rs 21.8 crore
• Revenue up 13.6 percent at Rs 1,358.3 crore compared to Rs 1,196 crore
• EBITDA Margins contract to 16.5 percent from to 17.5 percent

Reliance becomes first customer for its own coal-bed methane.https://t.co/ftvMemnA3r pic.twitter.com/REdYdbnhvb

May 4, 2017

Stocks In F&O Ban

• Adani Enterprises
• Bharat Financial Inclusion
• JSW Energy
• Ujjivan Financial Services

Bad loan mess to resolve in 3 years, says @TheOfficialSBI's Arundhati Bhattacharya.https://t.co/iPhFrVV3K6 pic.twitter.com/7NHGtGnaxU

May 4, 2017

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