Stocks to Watch: LT Foods, HUL, L&T and More

The Nifty Futures on the Singapore Exchange, an early indicator of Nifty performance in India, is up 0.3 percent to 8,585. Here are all the stocks to watch for today

Corporate Announcements

• Sun Pharma, SPARC sign license pact for Levetiracetam
  
• LT Foods: Acquires 817 Elephant brand of rice through UK subsidiary
  
• Nalco: Shareholders approve buyback of shares through stock exchange
• Den Networks: Pact with Jasper for raising stake in Macro Commerce to 82.9 percent
• IDFC Bank: FII/RFPIS can now invest up to 46 percent in shares of the lender, says RBI
• Jindal Poly: Says commissions new biaxially oriented polypropylene (BOPP) 41,000 tpa capacity at Nashik plant
• Motherson Sumi: Clarifies on order report to say it had no talks with any agency on the matter
• Reliance Industries: Net income +19% to Rs 7,550 billion as refining margin widens
• Suzlon Energy: Targets up to 22 gw of renewable energy capacity by 2022
• Tata Motors: Approves raising up to Rs 400 crore selling NCDs
  
• Jaiprakash Power to consider sale, transfer of Bina plant

Media Reports

• Ashok Leyland: Company to set up unit in Kenya (PTI)
  
• KKR, Apollo-Backed Venture said to weigh Indian steelmaker deals (Bloomberg)
• Apollo Tyres: To open unit in Hungary by next year; will invest more than 400 million euros (Business Standard)
  
• Dabur: Ties up with DRDO unit for high altitude medicinal plants (Business Standard)
  
• Jindal Steel & Power: Odisha HC gives 4 weeks to government to allow JSPL to transport ore (Business Standard)
• Neyveli Lignite considers 300MW solar plant in Odisha (Business Standard)
• Bharti, Idea cut data rates before Reliance Jio launch (Economic Times)
  
• Torrent, Intas: Join race to buy Teva products in Europe (Economic Times)
• Amtek promoters’ Rollatainers may sell packaging business (Business Standard)
• Bharat Electronics may consider share buyback (Indian Express)
  
• VRL Logistics: PE firm NSR exits firm through Rs 147 crore block trade (Mint)

IPO Watch

• L&T Infotech IPO issue price fixed at Rs 710 per share
  
• L&T Tech Services files DRHP with SEBI for IPO

Earnings to Watch (Q1)

• Aarey Drugs & Pharmaceuticals
  
• Aro Granite Industries
  
• Bharat Bijlee
  
• Dynamic Archistructures
  
• Exide industries
  
• Gruh finance
  
• Hinduja Foundries
  
• Hindustan Unilever
  
• Jaiprakash Power Ventures
  
• Mindtree
  
• Nalin Lease Finance
  
• Onward Technologies
  
• Padmanabh Industries
  
• Rajkot Investment Trust
  
• Span Diagnostics
  
• Tayo Rolls
  
• Vertex Securities