Stocks to Watch: Infosys, Wockhardt, Power Grid and More
The Nifty Futures on the Singapore Exchange, an early indicator of Nifty performance in India, declined 0.1 percent to 8,704.
Here are all the stocks to watch today
- Infosys to ‘ramp-down' 3,000 employees after losing RBS contract
- Dhanlaxmi Bank: Special resolution for preferential share issue passed
- Hindustan Petroleum: To start Asia's largest bottling plant soon, India's oil minister says
- Lanco Infratech: Announces slump sale of 35MW solar power undertaking to unit Lanco Property
- GMR infra: CCI approves buy of 30 percent equity share capital of GMR Energy
- Petronet LNG: Expands Dahej LNG terminal to 15mmtpa
- Cairn, Vedanta: To seek creditors nod on September 8 (BSE)
- Tata Steel: Plans to move to next stage in sale of specialty steels unit in U.K.
- Indian Overseas Bank to consider issue of shares to government
- Indian Oil cuts petrol price by Re 1 per litre, diesel by Rs 2 a litre
- InterGlobe Aviation, Piramal Enterprises to be included in Nifty Next 50 Index
Insight: Raamdeo Agrawal on How to Identify the Next HDFC Bank
Media Reports
- India Oil Ministry slaps $250 million fine on Reliance Industries (Financial Express)
- Azure Power in talks to sell stake to Brookfield (Economic Times)
- Hindalco's Novelis to raise $1.1 billion by selling bonds in U.S. (Economic Times)
- Greenko set to buy SunEdison India assets for $260m (Financial Express)
- Sri Lanka's CPC and Indian Oil to form joint venture (Daily Mirror)
- L&T Hydrocarbon expects to win $1 billion of projects over 2-3 years (PTI)
- Lupin: Looks to launch 25 products in US this fiscal (PTI)
- Tata Motors: To divest stake in Tata Technologies (Business Standard)
- Aurobindo Pharma: To set up vaccine manufacturing facility (Financial Express)
- Unitech: SC asks firm to refund Noida home buyers for delay in possession, builder says doesn't have money (Financial Express)
Recap: Indian Stocks Climb to Erase Weekly Decline as Lenders Advance
New Offerings
- SBI Life IPO expected within three years: Bhattacharya
- BSE said to near hiring banks for IPO: IFRAsia
Did You Know: Overheating Sign Seen in Biggest India Bond Inflows in Six Years
Earnings Reaction to Watch
- Allahabad Bank: Q1 loss Rs 565 crore versus Rs 147 crore profit year ago; gross NPA 12.33 percent June-end versus 9.76 percent March-end
- Cipla : Q1 group profit -44 percent YoY to Rs 365 crore; MD resigns
- Divi's Labs: Q1 profit Rs 302 crore versus Rs 245 crore year ago
- Jain Irrigation: Q1 group profit Rs 58.52 crore versus Rs 14.53m year ago
- Jet Airways: Q1 net Rs 103 crore versus Rs 222 crore year ago
- Kalpataru Power: Q1 profit Rs 64.53m crore versus Rs 43.01 crore year ago
- KNR Constructions: Quarterly profit Rs 30.21 crore versus Rs 16.19 crore year ago
- Reliance Capital: Q1 standalone profit Rs 213 crore versus Rs 175 crore year ago
- NHPC: Q1 profit Rs 858 crore versus Rs 798 crore year ago
- NMDC: Q1 net income Rs 711 crore versus Rs 1,020 crore year ago
- United Breweries: Q1 profit Rs 147 crore versus Rs 122 crore year ago
- Videocon: Posts Q2 standalone net loss of Rs 287 crore versus Rs 10.59 crore profit year ago
- Wockhardt: Posts Rs 15.89 crore Q1 consolidated profit, down 82.6 percent from year ago
Earnings to Watch
- Just Dial
- MVL Limited
- Namaste Exports
- OCL India
- Power Grid Corporation of India
- Sanwaria Agro Oils
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