Stocks to Watch: HDFC, Lupin, Adani Ports and More
The Nifty Futures on the Singapore Exchange, an early indicator of Nifty performance in India, climbed 0.1 percent to 8,744.
Asian shares rose a fourth day, extending their advance at an almost one-year high as U.S. crude oil traded near its highest price in two weeks.
U.S. equities receded a bit Monday from last week's record closes on the heels of the strong jobs report, despite a rise in oil prices, as investors awaited key retail sales data due later this week.
Here are all the stocks to watch today
- HDFC: To hold 42.5 percent in merged India life insurance entity
- Rural Electrification: To consider free shares issue on August 11
- Tata Motors: July global sales rise 20 percent year-on-year to 88,159 units
- Telcos (Bharti Airtel, Idea Cellular, Reliance Communications, Tata Teleservices): India telecom spectrum auction to start September 29, DoT says
- Alfred Herbert: Gets Rs 20.91 crore on Karnataka land sale
- Coal India: India considering final recommendation on coal royalty, Piyush Goyal says
- Gitanjali Gems: To consider issue of warrants to founders August 11
- HEG: Says income tax officials visited company premises August 4
- Hindustan Oil: Says ENI group divested stake in company
- Jaiprakash Associates: Pledges additional 2.67 percent Jaiprakash Power stake
- Rural Electrification: To consider issue of free shares Aug. 11
- Skipper: To invest Rs 70 crore to set up unit at Guwahati, Assam
- Stampede Capital: Appoints Haitong Bank investment banker for U.S. listing
- Sun Pharmaceutical: Extends Imatinib Mesylate Savings Card benefits to U.S.
- Vedanta, Cairn India: Vedanta holders to meet September 8 to vote on scheme of arrangement
Media Reports
- Jindal Steel Power: To recast Rs 7,500 crore loan (Business Standard)
- Union Bank: Eyes Rs 1200 crore recovery from small-size NPAs (Business Standard)
- ONGC: Over-reported crude oil production by 12 percent, says CAG ((Business Standard)
- Raymond: Expects apparel, fabric business to grow in five years (Business Standard)
- Adani Enterprises: Supreme Court allows Adani to submit bids for city gas distribution network in Jaipur, Udaipur (Financial Express)
- Arvind: To invest more in branding, marketing (Financial Express)
- Britannia: Looking to invest around Rs 450 crore in three greenfield plants (Mint)*Eyes 50 percent sales from rural markets (Business Line)
Earnings to Watch
- Adani Ports and Special Economic Zone
- Adani Power
- Apollo Tyres
- AstraZeneca Pharma India
- Century Textiles & Industries
- Container Corp. of India
- DCM Shriram
- Edelweiss Financial Services
- Finolex Cables
- Geometric
- Godrej Properties
- Indian Overseas Bank
- Intellect Design Arena
- Jagran Prakashan
- J.K. Tyre & Industries
- Jubilant Life Sciences
- Lupin
- Manappuram Finance
- Natco Pharma
- Power Finance Corp.
- Prism Cement
- S.H. Kelkar
- Sundaram Fasteners
- Tata Global Beverages
- United Bank of India
- UCO Bank
Earnings Reaction to Watch
- Idea Cellular: Q1 net income plunges 74 percent to Rs 220 crore
- Inox Leisure: Q1 profit Rs 24.96 crore versus Rs 25.32 crore YoY
- SRF: Q1 profit Rs 144 crore rupees versus Rs 113 crore YoY; firm approved Chloromethanes plant in Dahej for around Rs 165 crore
- Subros: Q1 loss Rs 76 lakhs versus Rs 4.01 crore profit YoY
- Polaris Consulting: Q1 net rises 8.2 percent YoY to Rs 39.72 crore
- Nitin Fire: Q1 loss Rs 5.25 crore versus profit Rs 3.39 crore YoY
- Navneet Education : Q1 net Rs 114 crore versus Rs 98.32 crore YoY
- Sundaram Multi: Q1 loss Rs 6.6 crore versus profit Rs 59 lakh YoY
- IL&FS Investment: Q1 net down 35 percent YoY to Rs 7.13 crore
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