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Showing posts with the label stocksinfocus

Stocks to Watch: Wipro, Senco Gold, Patanjali Foods, RVNL, Bandhan Bank, and Others - News18

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[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.

Stocks to Watch: Reliance, Tata Motors, Wipro, Bank Of Baroda, HAL, and Others

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[ad_1] Last Updated: March 10, 2023, 09:06 IST Stocks to Watch on Friday. Stocks to watch: Shares of firms like Reliance, Tata Motors, Wipro, Bank Of Baroda, HAL, and others will be in focus on Friday's trade. The Nifty futures contract traded on the Singapore Exchange indicates a negative start to domestic equities. The contract was trading at 17,473.50, down 144.5 points or 0.82% from the previous close. “The domestic market could hardly hold on to its previous gains as the Fed chair’s reaffirmation of his hawkish statement brought in more worries. In this backdrop, the upcoming US job data will have a substantial impact on the Fed’s policy decisions in its upcoming FOMC meeting. A stronger-than-expected jobs report will prompt the Fed to raise interest rates by 50 bps,” said Vinod Nair, Head of Research, Geojit Financial Services. Reliance Industries Reliance Industries group’s FMCG unit announced the relaunch of Campa Cola, alongwith two other flavors, almost 23 years aft

Stocks to Watch: Tata Steel, Ambuja Cements, ONGC, Blue Star, Adani Group, and Others

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[ad_1] Last Updated: May 02, 2023, 08:17 IST Stocks to watch today:  Nifty futures on the Singapore Exchange traded lower by 40 points or 0.22 per cent at 18,233, signalling a negative start for Dalal Street on Tuesday. Earnings Watch: Ambuja Cements, Adani Total Gas, Fino Payments Bank, Jindal Hotels, PSB, Spandana Sphoorty, Tata Steel, Uco Bank and Varun Beverages are few of the prominent companies scheduled to announce March quarter results today. Adani Group: Shares of Gautam Adani-led Group companies are likely to be in focus on reports that the Sebi may approach the Central government or law-enforcement agencies to be able to get information from foreign jurisdictions in the Adani-Hindenburg case. Auto stocks: TVS Motor reported a strong 29 per cent YoY growth in sales in April 2023, the highest among home grown auto-makers. Hero MotoCorp sales dipped 3.1 per cent YoY. ONGC, Oil India: The government has slashed windfall tax on Crude Oil produced at home to Rs 4,100 per

Stocks to Watch: Maruti, Adani Stocks, TCS, NTPC, Piramal, Power Grid, and Others - News18

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[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

Stocks to Watch: HDFC Ltd, SBI, Infosys, Vedanta, ITC, United Breweries, and Others - News18

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[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

Stocks to Watch: SpiceJet, Go Fashion, Tata Motors, Concor, Indian Oil, and Others

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[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

Stocks to Watch: Tata Power, Tata Steel, Asian Paints, HAL, Biocon, Aether, and Others

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[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

Stocks to Watch: RIL, Paytm, Infosys, HUL, Hindustan Zinc, Tata Motors, and Others - News18

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[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

Stocks to Watch: IndusInd Bank, Tata Comm, Paytm, ICICI Lombard, Rallis India, and Others - News18

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[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

Stocks to Watch: IndusInd Bank, ICICI Pru, HDFC Bank, Patanjali Foods, IOC, and Others - News18

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[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

Stocks to Watch: HDFC Bank, Tata Steel, DMart, SBI, Bandhan Bank, ONGC, and Others - News18

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[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.

Stocks to Watch: TCS, HCL Tech, Delta Corp, Nazara Tech, Airtel, SpiceJet, and Others - News18

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[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

Stocks to Watch: Wipro, Senco Gold, Patanjali Foods, RVNL, Bandhan Bank, and Others - News18

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[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.

Stocks to Watch: Cyient DLM, HDFC Bank, Zee, SBI, Indian Oil, Hindustan Zinc, and Others - News18

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[ad_1] Last Updated: July 10, 2023, 08:28 IST Stocks To Watch July 10:  Nifty futures traded 14.5 points, or 0.07 per cent, lower at 19,443.50, signaling that Dalal Street was headed for a negative start on Monday. Here’s a slew of stocks that will be in focus today for various reasons. HDFC Bank: All MSCI indexes have replaced HDFC with HDFC Bank following the merger. Cyient DLM: The company’s shares will debut on the bourses today. It had fixed the final issue price at Rs 265 per share. Hindustan Zinc: Hindustan Zinc’s Board has approved an interim dividend of Rs 7 per equity share for the current financial year which will incur an expenditure of Rs 2957 crore for the Vedanta subsidiary. Zee Entertainment: The Securities and Appellate Tribunal (SAT) will on Monday pronounce its judgement on appeals filed by the promoters of Zee Entertainment Enterprises against an earlier Sebi order. SBI: The state-run bank is likely to raise up to Rs 10,000 crore in tier-I bonds this week.

Stocks to Watch: JSW Steel, Zomato, Tata Steel, Marico, Adani Wilmar, and Others - News18

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[ad_1] Stocks to Watch on July 6:  Nifty futures traded 33 points, or 0.17 per cent, lower at 19,479, signaling that Dalal Street was headed for a negative start on Thursday. Here’s a slew of stocks that will be in focus today for various reasons. Tata Power: Tata Power has received Letter of Award (LoA) to implement smart metering project in Chhattisgarh State Power Distribution Company. The value of project is Rs 1,744 crore, and the project will be spanned over a period of 10 years. Adani Enterprises: According to a report, Adani Enterprises has fully repaid Rs 10 crore of commercial paper, which is unsecured, short-term debt. The company redeemed the commercial paper on July 5, which was the date of its maturity. There is no outstanding amount remaining. JSW Steel, Zomato, JBM Auto: JSW Steel will replace Housing Development Finance Corporation (HDFC) in the S&P BSE Sensex effective from July 13. Moreover, JBM Auto Components will replace HDFC Ltd in S&P BSE 500 index;

Stocks to Watch: HDFC Bank, NTPC, Coal India, Vedanta, Airtel, Auto Stocks, and Others - News18

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[ad_1] Last Updated: July 03, 2023, 08:21 IST Stocks to Watch on July 3:  The Nifty futures contract traded on the GIFT Nifty indicates a positive start to domestic equities. The contract was trading at 19,360, up 15 points or 0.08% from the previous close. HDFC, HDFC Bank Housing Development Finance Corporation and HDFC Bank boards announced the merger of the two entities, effective from July 1 following approval from shareholders and regulators. Adani Transmission In two bulk deals, GQG Partners acquired a total of 2.13 crore shares in Adani Transmission. The GQG Partners Emerging Markets Equity Fund purchased 72.59 lakh shares at a rate of Rs 786.19 per share, while the Goldman Sachs GQG Partners International Opportunities Fund bought 1.40 crore shares at the same price of Rs 786.19 per share. GHCL Shareholders of soda ash manufacturer GHCL have rejected a resolution to reappoint its chairman Sanjay Dalmia as a director of the company, with about 32% of the votes polled agains

Stocks to Watch: HDFC Ltd, SBI, Infosys, Vedanta, ITC, United Breweries, and Others - News18

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[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