India Markets closed

Stocks To Watch: Adani Ports, Amtek Auto, RCom, Muthoot Capital Services

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  • Sterlite Technologies board to consider raising funds through issue of securities on April 25.
  • RCom says NCLAT to hear tower sale appeal on April 18.
  • Adani Ports signs long-term regasification pact with Indian Oil for Dhamra LNG Terminal.
  • Fortis board to meet on April 19 to consider various offers received.
  • JM Financial unit acquires additional 8.78 lakh shares in Spandana.

Indian equity benchmarks posted their longest winning streak since November as investors shrugged off disappointing Infosys earnings to focus on the rest of the earnings season.

The S&P BSE Sensex rose 0.3 percent to 34,302 while the NSE Nifty 50 gained 0.5 percent to 10,530. The market breadth was tilted in favour of the sellers all through the session.

Here Are The Stocks To Watch Out For In Tuesday’s Trade

  • WS Industries proposes a one-time settlement with SBI and discussed settlement with Edelweiss Arc among others.
  • Sobha will invest Rs 500 crore for residential project in GIFT City, Gujarat.
  • Sterlite Technologies board to consider raising funds through issue of securities on April 25.
  • Omkar Specialty Chemicals says Bank of Baroda classified its loan account as NPA.
  • Bajaj Electricals bags orders worth Rs 3,578 crore for rural and urban electrification projects in Uttar Pradesh.
  • RCom says NCLAT to hear tower sale appeal on tower sale on April 18.
  • BlueStar signs up with Sands International and its partners for distribution of products in Saudi Arabia.
  • Goa Carbon resumes operations at Orissa plant which was shut for maintenance.
  • Adani Ports signs long term regasification pact with Indian Oil for Dhamra LNG Terminal.
  • Fortis board to meet on April 19 to consider various offers received.
  • HDFC says AMC units FY18 total revenue up 18 percent (YoY) to Rs 1,867 crore, net profit up 31 percent to Rs 721 crore.
  • Alok Industries says resolution professional seeks liquidation.
  • Amtek Auto says submitted resolution plan with NCLT.
  • Religare Enterprises received order from HC stating that the long stop date under SPA cannot be extended further.
  • JM Financial unit acquires additional 8.78 lakh shares in Spandana.

F&O Setup

  • Nifty April futures closed trading at 10,543 with a premium of 14.6 points versus 9.8 points
  • April series: Nifty open interest up 1 percent, Bank Nifty open interest up 4 percent
  • India VIX ended at 14.2, up 0.8 percent
  • Max open interest for April series at 10,700 (open interest at 44 lakh, up 9 percent)
  • Max open interest for April series at 10,300 (open interest at 55 lakh, up 6 percent)

F&O Ban

  • In ban: Balrampur Chini, IRB Infra, JP Associates, TV18 Broadcast, Reliance Communications
  • New in ban: Reliance Communications

Only intraday positions can be taken in stocks which are in F&O ban. There is a penalty in case of a rollover of these intraday positions.

Active Stock Futures

Bulk Deals

GSS Infotech: Nomura Singapore bought 1 lakh shares (0.6 percent) at Rs 61 each.

Majesco: Promoter Sudhakar Ram sold 1.50 lakh shares (0.5 percent) at Rs 520 each.

Goodluck India: Union KBC Equity Fund sold 2.35 lakh shares (1 percent) at Rs 86.74 each.

Teamlease Services

  • Franklin India Smaller Companies Fund bought 3 lakh shares (1.8 percent) at Rs 2,150 each.
  • Promoter HR Offshore Ventures PTE sold 1.70 lakh shares (1 percent) at Rs 2,150 each.
  • Promoter NED Consultants LLP sold 85,483 shares (0.5 percent) at Rs 2,150 each.

Earnings To Watch

  • Crisil
  • Muthoot Capital Services
  • Orchid Pharma
  • Tata Sponge Iron
  • 5paisa Capital
  • Gujarat Hotels
  • International Travel House
  • Onelife Capital Advisors
  • Schaeffler India

Earnings Reactions To Watch

Lloyds Metals (Q4, YoY)

  • Revenue at Rs 109 crore versus Rs 73 crore
  • Net profit at Rs 9.9 crore versus Rs 4.7 crore
  • Ebitda at Rs 7 crore versus Rs 12 crore
  • Margin at 6.4 percent from 16.4 percent

Jay Bharat Maruti (Q4, YoY)

  • Revenue down 1 percent at Rs 480 crore
  • Net profit down 14 percent at Rs 18 crore
  • Ebitda up 14 percent at Rs 48 crore
  • Margin at 10 percent versus 8.7 percent

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