Stocks To Watch: Wipro, Jagran Prakashan, Sun Pharma, SpiceJet And More

The Nifty Futures on the Singapore Exchange, an early indicator of Nifty’s performance in India, gained 0.5 percent to 8,015.

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

• Wipro: Completed the acquisition of Appirio on November 23. Impact of the acquisition will reflect in the company’s Q3 performance of the current financial year.
• Pennar Industries: Invests a further Rs 49.5 crore to acquire 49.8 lakh equity shares in Pennar Renewables.
• Yes Bank: Partners with Gujarat State Road Transport Corporation to digitize bus travel payments. Will install 125 Point of Sales terminals to facilitate bookings and payments at GSRTC bus depots.
• Ultratech Cement: Proposed to issue unsecured redeemable non-convertible debentures worth Rs 250 crore for a tenure of five years at 6.93 percent per annum.
• Cyber Media: Gets a 30-day extention to dispose shares of TDA group.
• Union Bank Of India: Issues 7,500 Basel III compliant Tier-II bonds worth Rs 750 crore at 7.74 percent per annum.
• Advanced Enzyme Technologies: Awarded the best Nutraceutical company of the year.
• Jagran Prakashan: Subsidiary Music Broadcast Ltd., will issue an IPO via a fresh issue of Rs 400 crore and an offer for sale by existing shareholders.
• Sagar Cements: Shareholders approve fund raising of upto Rs 250 crore.
• Ashok Leyland: Promoter Hinduja Automotive Ltd., pledged an additional 5 million shares with Citibank as collateral for loans taken by company.
• Crompton Greaves: Promoter Avantha Holdings pledged an additional 8 lakh shares with Aditya Birla Finance and STCI Finance for borrowings.
• Talwalkar Better Value Fitness: Company to demerge its gym business into a new company named Talwalkar Lifestyles Ltd. Shareholders of Talwalkar Better Value Fitness (TBVF) will get one share of Talwalkar Lifestyles for existing one share of TBVF.

Media Reports

• TCS: Plans to straighten bell curve with new appraisal system. (Economic Times)
• Videocon: May exit insurance JV with US’ Liberty Mutual. (Economic Times)
• Sun Pharma: U.S. FDA finds lapses at Mohali facility. (Economic Times)
• Aurobindo Pharma: Scouts for acquisition in Europe. (Economic Times)
• Indian Oil: Shareholders approve free share issue. (Bloomberg)
• JSW Group: Plans to make electric cars. (Business Standard)
• Hero MotoCorp: Launches four e-cycles under ‘Lectro’ brand. (PTI)
• BNP Paribas: Completes acquisition of Sharekhan. (PTI)

Earnings Reactions To Watch

• Suven Life Sciences
• Jindal Poly Films
• Opto Circuits
• Karuturi Global
• Escorts Finance

Earnings To Watch Today

• Spicejet
• Balaji Telefilms
• Bata India
• BEML
• UFLEX
• Indo Count Industries
• Navkar Corporation
• Shilpa Medicare
• Godawari Power And Ispat
• Hathway Cable & Datacom
• Tide Water Oil Company (India)