Stocks to Watch: Axis Bank, Cipla, Cairn India and More

The Nifty Futures on the Singapore Exchange, an early indicator of Nifty performance in India, advanced 0.1 percent to 8,571.

Asian stocks rallied after the S&P 500 Index set a fresh record Friday, rising with the dollar as investors looked ahead to central bank meetings this week in the U.S. and Japan.

Here are all the stocks to watch today

• ITI: CCEA approves transfer of shares from ITI to Special National Investment Fund
• Cipla: SC tells company to deposit Rs 175 crore in case related to overcharging (Read more here)
• Cairn India: Vedanta sweetens offer; to give 3 additional pref shares; deal deadline extended to March
  
• Crompton Greaves: Seeks shareholder nod to sell stake in 2 overseas units.
  
• Religare Enterprises: AMC unit exits from U.S.-based affiliates
• Bosch: Shareholders approve buyback through stock exchange mechanism
• Precision Wires India: Commences production at Unit 5 at Silvassa
• Hinduja Ventures: Acquires 7.04 crore preference shares of unit IndusInd Media & Communication
• Vivimed Labs: Announces transfer and sale of identified products; company to exit from branded formulations in opthalmology
• Patel Engineering: To issue its lenders equity shares under the SDR scheme.
• Asian Hotels (West): To convert debt into equity shares.
• Cyient: Sets up a wholly owned subsidiary at Israel called - Cyient Israel India.
• IL&FS Engineering: Wins Rs 532.67 crore project from Nagpur Metro Rail Project.
• Union Bank of India: Reports cyber breach on offshore account
• Ponni Sugars: Gets permission from Tamil Nadu Pollution Control Board to operate the power plant for the expanded capacity of 19 MW.
• Gujarat Fluorochemicals: To sell stake in JV Xuancheng Hengyuan
  

Media Reports

• Telcos: Spectrum usage charge may be decided on Monday; new minister Sinha to meet telco CEOs over call drops Delhi HC junks telecom firm’s plea against I-T demand (Financial Express)
  
• ITC: YC Deveshwar offers to quit as CEO, mum on successor (Economic TImes)
  
• Infosys: May lower hiring from campus this year (Economic TImes)
  
• Jaypee Infra: In talks to sell stake in power transmission unit to JSW (Mint)
  
• HDFC: To issue Rs 2,000 crore NCDs (PTI) Insurance unit signs agreement with SVC Bank (Financial Express)
  
• CESC: Strikes deal to supply 150MW from troubled Chandrapur project (Financial Express)
  
• PVR: Ranjinikanth starrer Kabali may rake in Rs 100 crore in 3 days (Financial Express)
  
• SBI & Subsidiaries: FM says merger not to affect staff (Financial Express)
  
• Diamond Power Infra: Board clears proposal for strategic debt restructuring (Financial Express)
  
• Tata Metaliks: BSE tweaks circuit limit of Tata firm and 7 others (Financial Express)
  
• NHPC: Board approves raising up to Rs 4,500 crore (Financial Express)
  
• SBI: In pact with IRCTC, Aditya Birla Money for selling tickets through “Buddy” app. (Financial Express)
  
• Fertilizer Cos: Rashtriya Chemicals and Fertilizers (RCF), National Fertilizers Ltd (NFL) (Financial Express) India Ratings says cut in MRP may hit non-urea fertiliser producers’ profits.

Earnings to Watch

• Canara Bank
  
• Pincon Spirit
  
• Indiabulls Housing Finance
  
• Sumeet Industries
  
• State Bank of Mysore
  
• Rane Engine Valve Limited
  
• Tata Sponge Iron
  
• Sterlite Technologies
  
• Texmaco Infrastructure & Holdings
  
• Bajaj Corp
  
• Hitachi Home and Life Solutions (India)
  
• Texmaco Rail & Engineering
  
• Kalyani Steels
  
• Hindustan Oil Exploration Company
  
• Info Edge (India)
  
• Transformers And Rectifiers (India)
  
• JK Paper
  
• Greenply Industries
  
• Eveready Industries India

In Case You Missed It: Govt Will Not Refrain From Jailing Tax Evaders: Modi

Earnings Reaction to Watch

• Axis Bank
  
• KSB Pumps
  
• MphasiS
  
• Havells India
  
• Oriental Carbon & Chemicals
  
• Sanofi India
  
• Kirloskar Pneumatic
  
• Rallis India
• Tata Metaliks
  
• Thyrocare Technologies
  

Quick Read: Axis Bank’s First Quarter Profit Plunges 21%; Asset Quality Worsens