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Stocks To Watch: TCS, Sun Pharma, Wockhardt, Cipla, Motherson Sumi And More

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



Signage for the Bombay Stock Exchange (BSE) is displayed next to a bronze bull statue at the entrance to the BSE building, Mumbai (Photographer: Prashanth Vishwanathan/Bloomberg)
Signage for the Bombay Stock Exchange (BSE) is displayed next to a bronze bull statue at the entrance to the BSE building, Mumbai (Photographer: Prashanth Vishwanathan/Bloomberg)

The Nifty Futures on the Singapore Exchange, an early indicator of Nifty’s performance in India, gained 0.7 percent to 8,514.

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

  • Tata Consultancy Services: Nominates Ishaat Hussain as chairman; to replace Mistry with immediate effect until new chairman is appointed
  • Tata Sons seeks EGM to consider Mistry’s removal
  • Rural Electrification Corporation: Board approves proposal to incorporate two project specific SPVs as wholly-owned subsidiary companies of REC Transmission Projects Company Ltd. for two interstate transmission projects.
  • Hindalco: Clarifies on $500 million share sale.
The quantum of funds proposed to be raised by the company will be decided by the Board of Directors in the said meeting on November 12, 2016.
Statement From Hindalco.
  • Ujjivan Financial Services: Board reviewed draft application for registration of company as a Core Investment Company pursuant to conditions prescribed by the RBI in their in-principle approval for setting up a small finance bank.
  • Allcargo Logistics: Board approves buyback of upto Rs 124.8 crore.
  • Dish TV: To shift its registered office from Delhi to Maharashtra.
  • SML Isuzu: Board approves raising long-term borrowings by way of ECBs from The Bank of Tokyo-Mitsubishi UFJ, Ltd., Japan for an amount upto Rs. 140 crores to fund capex plans.
  • Narayana Hrudayalaya: Board of the company approves cessation of operations at its West Bengal unit by selling its entire shareholding to its wholly-owned subsidiary, Asia Healthcare Development Limited (AHDL) to Lila Hospitals Pvt. Ltd.
  • DCM Shriram: Commissioned additional captive power generation capacity at its Chlor-alkali unit in Bharuch, Gujarat. The total coal based captive power generation at the unit now stands at 115 MW.

Media Reports

  • Tata Steel: To close down the deficit-hit pension fund at the heart of its U.K. steel crisis. (PTI)
  • Tata Sons: Will pursue all legal options for recovery of Rs 694 crore from Chennai based C Sivasankaran. (Business Standards)
  • Edelweiss: Carnival Cinemas in talks with co to raise debt worth Rs 400-460 crore. (Mint)

Earnings Reactions To Watch

  • Cipla
  • Bosch
  • JK Tyre
  • Orient Cements
  • Usha Martin Education & Solutions
  • FDC
  • Punjab Alkalies & Chemicals
  • Mardia Samyoung Capillary Tubes Company
  • Hindustan Udyog
  • Mukand Engineers
  • Kesoram Industries
  • Max India
  • Voltamp Transformers
  • Tribhovandas Bhimji Zaveri
  • Manaksia Coated Metals and Industries
  • Jamna Auto Industries
  • Eimco Elcon (India)
  • Raj Oil Mills
  • Shyam Telecom
  • Power Grid Corp
  • Honeywell Automation
  • Ansal Housing
  • Ruchi Infrastructure
  • Sundaram Multi Pap
  • Dhampur Sugar Mills
  • Caplin Point
  • Ramco systems
  • The Ramco Cements
  • L&T Infotech
  • Power Finance Corp
  • Uco Bank
  • Vikas Ecotech
  • Accel Frontline
  • Elixir Capital
  • Venus Remedies
  • Emkay Global Financial Services
  • Damodar industries
  • Snowman Logistics
  • Pidilite Industries
  • IG Petrochemicals
  • Shriram EPC
  • Parag Milk Foods
  • Poly Medicure
  • Hinduja Global Solutions

Earnings To Watch Today

  • Aditya Birla Nuvo
  • Bank of India
  • Fortis Healthcare
  • GPT Infraprojects
  • Lux Industries
  • Mcdowell Holdings
  • Motherson Sumi
  • Power Finance Corporation
  • Polychem
  • Sun Pharmaceutical Industries
  • Talwalkars Better Value Fitness
  • Thermax
  • Wockhardt