Stocks to Watch: HPCL, Sun TV, Welspun, Fortis and More

The Nifty Futures on the Singapore Exchange, an early indicator of Nifty performance in India, gained 0.1 percent to 8,702.

Here are all the stocks to watch today

• Aurobindo Pharma: Sues AstraZeneca to clear way for Prilosec OTC generic
  
• Coal India: Says employee union serves strike notice for September 2
  
• DB Corp, HT Media: Fever FM, My FM of Dainik Bhaskar in sales alliance
  
• Fortis Healthcare: Approves plan to demerge diagnostics business
  
• Power Grid: Approves Rs 733 crore of investment proposals
  
• Ujjivan Financial: Seeks RBI banking license for small finance bank unit
  
• Welspun India: Target in process of ending relationship with Welspun Global

Media Reports

• HMEL planning Bathinda refinery expansion March 2017 (Reuters)
  
• Apollo Tyres: To invest Rs 1,700 crore in Chennai plant (Business Standard)
  
• India may advance Union Budget by a month PTI
  
• Canada pension funds, PEs in race for stake in Mu Sigma (Economic Times)
  
• Air India in talks to convert Rs 10,000 crore of debt to equity (Economic Times)
  
• Gitanjali Gems: To expand in diamond retailing (Business Standard)
• Sun TV Network: Expects to get approval for FM radio business (Business Standard)
• Sun Pharma: Making Ranbaxy units current good manufacturing practice (cGMP) complaint time consuming (PTI)
  

Earnings Reaction to Watch

• Astral Poly: Quarter net rises 8.7 percent YoY to Rs 26.61 crore
  
• Claris Life: Q1 net rises 14 percent YoY to Rs 22 crore
  
• Oberoi Realty: Q1 net Rs 109 crore versus Rs 81.93 crore YoY
  
• Sun TV: Q1 net rises 19 percent YoY to Rs 233 crore
  
• Genus Power: Q1 net declines 31 percent YoY to Rs 16.26 crore
  

Earnings to Watch

• Allcargo Logistics
  
• Hindustan Copper
  
• Hindustan Petroleum
  
• Indraprastha Gas
  
• NTPC
  
• Shree Renuka

Analyst Ratings/Research

• Cipla: Cut to hold from buy at Jefferies
  
• Ipca Laboratories: Raised to strong buy from market perform at Khambatta Securities
  
• Thermax: Cut to reduce versus neutral at Nomura