Stocks To Watch: Infosys, TCS, Dr Reddy’s, Repco Home Finance And More

The Nifty Futures on the Singapore Exchange, an early indicator of Nifty’s performance in India, climbed 0.3 percent to 8,600.

Here are the stocks to watch out for in today’s session:

• Yes Bank: Board to meet on October 20, 2016 to consider second quarter results and to decide on fund raising by way of QIP and debt issue.
• Repco Home Finance: Central Bureau of Investigation (CBI) registers a case against the managing director, chief manager and executive director of Repco Housing Finance Ltd., Deputy GM of Repco Bank, two partners of a private firm in Coimbatore and a partnership firm running businesses of textile machinery spare parts and real estate in Coimbatore. Further investigations are on.
• Wipro: Launches Treasury DNA Decisions and Analytics Platform, powered by BELLIN’s tm5.
• Cox and Kings: Company owned Meininger Hotels to open in Milan by early 2018. Hotel will have 131 rooms and 491 beds.
• Aditya Birla Nuvo: Managing Director Lalit Naik resigns.
• Glenmark: Appoints Dr. Kurt Stoeckli as President and Chief Scientific Officer.
• Karnataka Bank: Bags award for ‘Best Financial Institution (Southern Region)‘ from the Federation of Indian Export Organization (FIEO) for the support extended to the export business.
• Asian Granito India: Redeems commercial paper worth Rs 20 crore scheduled for expiry on October 10, 2016.
• Shreyas Shipping: M/s Shreyas Relay Systems Ltd., the wholly-owned subsidiary of the company has decided to sell its 51 percent stake in M/s SRS Freight Management Ltd to M/s BSL Freight Solutions Pvt. Ltd.
• Future Enterprises: To raise NCDs worth Rs 10 lakh.
• Satin Credit Care: To raise Rs 68 crore via NCDs.
• Advance Syntex: To consider free share issue.
• Edelweiss Financial: BIH SA buys 5.7 million shares of the company.

Media Reports:

• Piramal Enterprises: Aims to be among top three players in the next four years in the $2.2 billion ‘over-the-counter’ pharmaceuticals product business. (Business Standard)
• Dr Reddy’s Laboratories: Launches schizophrenia drug in the U.S. (Business Standard)
• Dr Agarwal’s Eye Hospitals: Holding company is looking to raise as much as Rs 300 crore from private equity funds to expand its eye care chain. (Mint)
• ICICI Bank: Raises Rs 4,000 crore via seven-year infra bonds. (Economic Times)
• Ruchi Soya Industies: Proposed joint venture with Adani Wilmar may have hit a roadblock following a Bombay High Court order. (Economic Times)
• PNB: PNB Housing Finance gets SEBI nod for Rs 2,500 crore IPO.
• JK Cement: Cement demand likely to grow by 8 percent in FY18. (PTI)
• Defence Stocks: Russia, India to ink deal on S-400 air defence missile systems. (PTI)

Earnings Impact To Watch:

• Tata Consultancy Services
• Reliance Industrial Infra
• Gallantt Ispat

Earnings To Watch

• Infosys
• DCB Bank
• Bajaj Corp
• CRISIL
• GEI Industrial Systems
• Infomedia Press
• Network 18 Media and Investments
• TV18 Broadcast
• KS Oils

Macro Data Alert:

• India’s Consumer Price Index for September cools to 4.31 percent against an estimate of 4.6 percent.
• Wholesale Price Index data to be declared at 12 noon.