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[ad_1] Last Updated: September 13, 2023, 08:08 IST Stocks to watch on September 13 Stocks to watch: Shares of firms like Infosys, Paytm, DMart, Vedanta, Coal India, SpiceJet, and others will be in focus on Wednesday's trade. Stocks To Watch on September 13:  GIFT Nifty on the NSE IX traded 43.5 points, or 0.22 per cent, higher at 20,073.5, signaling that Dalal Street was headed for positive start on Wednesday. Here’s a slew of stocks that will be in focus today for various reasons. Avenue Supermarts: The company opened a new store at Perungudi, Tamil Nadu on Tuesday. With this, the total number of stores as on date stands at 334. Paytm: The company does not see the need for funding in the near future and is confident of attaining sustainable free cash flow, the company’s chief financial officer said. Infosys: The IT major has inked a multi-year deal, for an undisclosed sum, with STARK Group, Europe’s largest retailer and distributor of building materials, to power its digit...

[ad_1] Stocks to Watch on October 17: GIFT Nifty on the NSE IX traded 5.5 points, or 0.03 per cent, higher at 19,816.50, signaling that Dalal Street was headed for muted start on Tuesday. Here’s a slew of stocks that will be in focus today for various reasons. Q2 Results to Watch: Happiest Minds Technologies, Himadri Speciality Chemical, ICICI Prudential Life, IIFL Securities, L&T Technology Services, PCBL, Syngene International, Tata Elxsi, Tata Metaliks, TCI Express, VST Industries and Zensar Technologies are few of the prominent companies scheduled to announce September quarter earnings on Tuesday. ICICI Securities: ICICI Securities reported revenue growth across various business segments. Retail equities and allied revenue stood at Rs701 crore, marking a 39% year-on-year (YoY) increase, within which equity revenue grew by 44% YoY to Rs 270 crore. HDFC Bank: Announcing its first results after merger, the private sector lender reported a 50.6 per cent year-on-year (Y-o-Y...

[ad_1] Last Updated: September 21, 2023, 08:52 IST Stocks to watch on September 21 Stocks to watch: Shares of firms like Infosys, SJVN, SBI, Cipla, Apollo Tyres, DBC Bank, Zydus Lifesciences, and others will be in focus on Thursday's trade. Stocks To Watch on September 21:  GIFT Nifty on the NSE IX traded 48 points, or 0.24 per cent, lower at 19,857.50, signaling that Dalal Street was headed for negative start on Thursday. Here’s a slew of stocks that will be in focus today for various reasons. Infosys: The IT major has tied up with NVIDIA to develop generative AI applications and solutions. EMS: Water and sewage infra company EMS will list on Thursday. The issue price is Rs 211 and the stock is commanding a premium of 39 per cent in the grey market, as per ipowatch.com. SJVN: The government will sell 96.667 million shares, or 2.46 per cent stake, in the company with an option to sell additional 2.46 per cent stake under offer for sale (OFS) route. At the floor price of Rs ...

[ad_1] Stocks to watch on August 16:  Nifty futures traded 94 points, or 0.48 per cent, lower at 19,380, signaling that Dalal Street was headed for a negative start on Wednesday. Here’s a slew of stocks that will be in focus today for various reasons. SBFC Finance: The grey market premium indicates a likely bullish debut for the stock, with gains up to 50 per cent over the issue price of Rs 57 per share. The Rs 1,025 crore IPO had received a strong response, and was subscribed more than 74 times during the offer period. IndiGo: Co-founder’s Rakesh Gangwal and wife Shobha Gangwal are likely to sell up to 4 per cent stake in the company worth Rs 3,730 crore in block deals on Wednesday. As per the term sheet, the offer floor price is set at Rs 2,400 per share. ITC: The company reported a 16.29 per cent YoY rise in Q1 consolidated net profit for the quarter ended June 2023 at Rs 5,104. 93 crore when compared with Rs 4,389.76 crore in the corresponding quarter a year ago. Consolidat...

[ad_1] Stocks To Watch on December 5:  GIFT Nifty on the NSE IX traded 45 points, or 0.22 per cent, lower at 20,815.5, signaling that Dalal Street was headed for negative start on Tuesday. Here’s a slew of stocks that will be in focus today for various reasons. HCC: Stenier AG, Switzerland , a subsidiary of the company, has entered into a Share Purchase Agreement with France-based Demathieu Bard for divestment of its entire equity interest in Steiner Construction SA, Switzerland, a step-down material subsidiary of the company. Separately, as part of the Baharampore-Farakka Highways Ltd. (BFHL), subsidiary stake sale transaction, HCC Infrastructure Company Ltd., subsidiary of Hindustan Construction Company Ltd has received Rs110 crore from Cube Highways and Infrastructure V Pte. Ltd. Sheela Foam: SR Batliboi & Associates LLP, statutory auditor of Kurlon Enterprise, a subsidiary of Sheela Foam, has resigned from its post on December 4, 2023 with immediate effect. Bank of India...

[ad_1] Last Updated: July 14, 2023, 07:52 IST Stocks to Watch on July 14:  Nifty futures traded 14 points, or 0.07 per cent, lower at 19,544, signaling that Dalal Street was headed for a negative start on Friday. Here’s a slew of stocks that will be in focus today for various reasons. Wipro: IT major Wipro posted a profit of Rs 2870.10 crore for the first quarter of financial year 2023-24, up 12% in comparison to Rs 2563.60 crore during the same period last year. Senco Gold: Shares of Senco Gold will debut on the exchanges today after a strong response for its IPO. Federal Bank: Federal Bank reported its fiscal first quarter profit forFY24 at Rs 880.12 crore, up 38.8% on-year from Rs 634.22 crore during the corresponding quarter in the last financial year, beating analyst expectations. Patanjali Foods: Patanjali Ayurved’s offer to sell shares of Patanjali Foods received a good response, with the portion set aside for non-retail investors getting subscribed more than two times....

[ad_1] Last Updated: July 31, 2023, 08:23 IST Stocks to Watch:  Nifty futures traded 26 points, or 0.13 per cent, higher at 19,816, signaling that Dalal Street was headed for a positive start on Monday. Here’s a slew of stocks that will be in focus today for various reasons. Results Today: Shares of Maruti Suzuki, Adani Green, Power Grid, GAIL, Adani Transmission will be in focus today as they gear up to announce their first fiscal quarter earnings results. TCS: The new CEO of TCS, K Krithivasan, has revamped the operating structure for senior management and changed some of the SMP (senior management personnel) members. It also elevated Harrick Vin as the new chief technology officer and Abhinav Kumar as the interim head for marketing. SBI Cards: SBI Cards and Payment Services reported a slide in first-quarter profit as elevated credit costs and margin compression offset growth in revenue. Profit after tax for the June quarter fell 5.36% to Rs 5.93 billion. IDFC First Bank: ID...

[ad_1] Last Updated: October 06, 2023, 09:11 IST Stocks to watch on October 6 Stocks to watch: Shares of firms like Tata Motors, SBI, Adani Wilmar, PB Fintech, IndiGo, Lupin, and others will be in focus on Thursday's trade. Stocks To Watch October 6: GIFT Nifty on the NSE IX traded 8.5 points, or 0.04 per cent, higher at 19,613.5, signaling that Dalal Street was headed for muted start on Friday. Here’s a slew of stocks that will be in focus today for various reasons. Tata Motors: Tata Motors arm JLR said it expects positive free cash flow of around £300 million in the second quarter of FY24. It reported increased sales volumes in Q2, reflecting continuing improvement in supply, allowing JLR to deliver more vehicles to clients. SBI: The union government has extended SBI Chairman Dinesh Khara’s tenure till August 2024. Rate sensitives: Shares of rate sensitives such as banks, financial services companies, automobile, and real estate firm will see action today amid the Reserv...

[ad_1] Last Updated: October 04, 2023, 08:35 IST Stocks to Watch on October 4 Stocks to watch: Shares of firms like Nestle, Adani Ent, Maruti Suzuki, Bajaj Finserv, DMart, and others will be in focus on Wednesday's trade. Stocks To Watch on October 4:  GIFT Nifty on the NSE IX traded 4.5 points, or 0.02 per cent, lower at 19,446, signaling that Dalal Street was headed for a muted start on Wednesday. Here’s a slew of stocks that will be in focus today for various reasons. Nestle India: Nestle India’s Board will consider the proposal for a stock split and interim dividend on October 19 along with the quarterly earnings for the September quarter. Adani Enterprises: Abu Dhabi-based International Holding Co (IHC) on October 3 said its holding in Adani Enterprises, the flagship firm owned by billionaire Gautam Adani, has increased to more than five percent. The development comes days after the Middle-East-based investor decided to offload stakes in two other group companies as par...

[ad_1] Last Updated: June 28, 2023, 08:17 IST Stocks to Watch on June 28:  The Nifty futures contract traded on the Singapore Exchange indicates a positive start to domestic equities. The contract was trading at 18,862.50, up 51.5 points or 0.27% from the previous close. HDFC Ltd: The company said that the process of HDFC-HDFC Bank merger is underway, and the effective date is currently tentative and subject to change. This comes after its chairman Deepak Parekh said that the merger was expected to be completed on July 1, 2023. Additionally, HDFC announced the merger of its wholly-owned subsidiaries, HDFC Investments Limited and HDFC Holdings Limited, with HDFC Limited. Vedanta: Sources have told CNBC-TV18 that Vedanta-Foxconn has submitted a revised application to the Ministry of Electronics and Information Technology (MeitY) to establish a semiconductor fabrication unit in the country. The updated application comes in response to the new guidelines issued by MeitY and aims to ...

[ad_1] Last Updated: June 12, 2023, 08:44 IST Stocks to watch on June 12:  The Nifty futures contract traded on the Singapore Exchange indicates a positive start to domestic equities. The contract was trading at 18,684.50, up 74.5 points or 0.40% from the previous close. SpiceJet: Wilmington Trust, one of SpiceJet’s aircraft lessors, has moved the National Company Law Tribunal (NCLT) to initiate an insolvency process against the airline for non-payments of dues. The first hearing of this case will take place today. Go Fashion: The India arm of US venture capital firm Sequoia Capital plans to sell a 10 per cent stake in Go Fashion (India) worth Rs 625 crore. The transaction is likely to happen on Monday in block deals at a floor price of Rs 1,135 a share. Tata Motors: The company has fixed July 29 as the record date for determining the entitlement Of members to receive final dividend for FY23. Container Corporation of India (Concor): The disinvestment of state-run firm may be d...

[ad_1] Stocks to watch June 9:  The Nifty futures contract traded on the Singapore Exchange indicates a positive start to domestic equities. The contract was trading at 18,756.50, up 36 points or 0.19% from the previous close. Aether Industries: Aether Industries Limited has inked a license agreement with Saudi Aramco Technologies Company for the commercialisation of the sustainable Converge polyols technology. L&T Finance Holdings: The Board of Directors of the Company has recommended a final dividend of Rs 2 per equity share for the financial year 2022-23. Arihant Capital Markets: A meeting of Board of Directors of the Company will be held on June 15, 2023, to consider and approve issuance of secured unlisted redeemable non-convertible debentures (NCD) on a private placement basis. Urja Global: Urja Global Limited entered into Agreement on June 7, 2023, with Tesla Power India Private Limited for the purpose of manufacturing and supply of batteries under the TESLA POWER U...

[ad_1] Stocks to Watch on July 21:  Nifty futures traded 18 points, or 0.09 per cent, higher at 19,876.50, signaling that Dalal Street was headed for a positive start on Friday. Here’s a slew of stocks that will be in focus today for various reasons. Results today: Reliance Industries, Ultratech Cement, JSW Steel, HDFC Life, Hindustan Zinc, DLF, Vedanta, One97 Communications, Ashok Leyland, Federal Bank, among others will report the April-June quarter results for fiscal year 2023-24 (Q1FY24). Tata Motors: Tata Motors arm JLR announced the appointment of Adrian Mardell as CEO for a three year term. Hindustan Unilever: The FMCG giant registered a 7.3 per cent year-on-year (YoY) increase in consolidated net profit in Q1FY24, in line with Street estimates. Revenue, too, saw an increase of 6 per cent YoY to Rs 15,496 crore. Infosys: The IT major saw 1.3 per cent sequential growth in revenues in the June quarter due to slowdown in deal ramp-ups. Net profit, meanwhile, declined 3 per...

[ad_1] Stocks to watch on July 19: Nifty futures traded 6 points, or 0.03 per cent, lower at 19,797.50, signaling that Dalal Street was headed for a muted start on Wednesday. Here’s a slew of stocks that will be in focus today for various reasons. Results today: Tata Communications, L&T Finance Holdings, Bank of Maharashtra, Finolex Industries, Alok Industries, Mastek, Jubilant Pharmova, Tata Coffee, among others will report the April-June quarter results of fiscal year 2023-24 (Q1FY24). IndusInd Bank: The lender reported a 32.5 per cent year-on-year (YoY) growth in net profit at Rs 2,124 crore in Q1FY24, on the back of a fall in provisions. Net interest income (NII), meanwhile, grew 18 per cent YoY to Rs 4,867 crore in the recently concluded quarter. L&T Technology: The company registered 13 per cent YoY rise in net profit to Rs 311.1 crore in Q1FY24 but was down 8.5 per cent compared to the previous quarter. Revenue from operations, however, saw a 14.7 per cent YoY j...

[ad_1] Stocks to Watch on July 18 Stocks to watch: Shares of firms like IndusInd Bank, ICICI Pru, HDFC Bank, Patanjali Foods, IOC, and others will be in focus on Tuesday's trade. Stocks to Watch on July 18: Nifty futures traded 1.5 points, or 0.01 per cent, lower at 19,778, signaling that Dalal Street was headed for a muted start on Tuesday. Here’s a slew of stocks that will be in focus today for various reasons. Results today: IndusInd Bank, ICICI Prudential Life Insurance, ICICI Lombard, Polycab India, L&T Tech, CIE Automotive, TV18 Broadcast, Network18 Media, Heidelberg Cement, among others will report the April-June quarter results of fiscal year 2023-24 (Q1FY24). HDFC Bank: The private sector lender reported a rise in net profit of 30 per cent year-on-year (YoY) to Rs 11,952 crore in Q1FY24 on the back of steady loan growth and treasury gains. Net interest income for the quarter, meanwhile, grew 21.1 per cent YoY. LTIMindtree: The company registered 4.1 per cent Y...

[ad_1] Stocks to watch out for on July 17 Stocks to watch: Shares of firms like HDFC Bank, Tata Steel, DMart, SBI, Bandhan Bank, ONGC, and others will be in focus on Monday's trade. Stocks to Watch on July 17:  Nifty futures traded 7.5 points, or 0.04 per cent, higher at 19,626.50, signaling that Dalal Street was headed for a flat start on Monday. Here’s a slew of stocks that will be in focus today for various reasons. Results today: HDFC Bank, LTIMindtree, Tata Elxsi, Crisil, Central Bank of India, Choice International, Hathway Cable, among others will report the April-June quarter results of fiscal year 2023-24 (Q1FY24). Tata Steel: The management said that the company plans to explore opportunities in the battery-minerals-related segment, including lithium through their Natural Resources division. This divison is one of the 14 companies listed as notified private exploration agencies by the Ministry of Mines. Angel One: The National Stock Exchange (NSE) has slapped Rs 1....

[ad_1] Last Updated: July 12, 2023, 08:29 IST Stocks to Watch on July 12:  Nifty futures traded 9 points, or 0.05 per cent, lower at 19,528, signaling that Dalal Street was headed for a negative start on Wednesday. Here’s a slew of stocks that will be in focus today for various reasons. Results today: 5Paisa, Hathway Cables, HCL Technologies, Steel Strips Wheels and TCS among 10 companies scheduled to announce June quarter earnings on Wednesday. TCS: Wage hikes to erode margin in Q1FY24; The weakness may come on account of a worsening demand environment, which is leading to cancellation and delay in projects, a longer sales cycle and slower revenue conversion. HCL Tech: The IT firm will likely report muted sequential growth in revenue for the June quarter (Q1FY24) amid a persistently weak global demand environment and weakness in the company’s engineering and R&D (ER&D) business, as per analysts. Delta Corp, Nazara Technologies: The Goods and Services Tax (GST) Council...