Stocks To Watch: ICICI Bank, IRB Infra, Spicejet, Tata Motors

The Singapore traded SGX Nifty, an early indicator of Nifty’s performance in India, was little changed at 9,681.

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

• Tata Motors: To mull IPO of luxury unit Jaguar Land Rover
• ICICI Bank: Ex-date for 1:10 bonus. Futures and options lot size revised to 2,750
• Spicejet: Signs deal worth $4.74 billion with Boeing for delivery of 40 737 Max airplanes
• IRB Infra: Maharashtra extends toll at Bandra-Worli sea link, Vashi Toll and Pune Expressway by up to 29 years to fund projects
• Satin Creditcare: FIIs can now invest 24-49 percent in equity. (Bloomberg)
• Fortis Healthcare: IHH Healthcare, Asia’s largest private hospital operator, said to buy a controlling stake in company from brothers Malvinder and Shivinder Mohan Singh. (Mint)

Other Corporate Announcements

• Amtek Group: Circuit filter for Amtek Auto, Metalyst Forgings revised to 10 percent
• Lanco Infra: Circuit filter revised to 10 percent
• Biocon: Issued, allotted 40 crore shares as a bonus in the ratio of 2:1
• IIFL: HWIC Asia Fund acquired additional 4.5 lakh shares of the company increasing their total holding to 2.83 crore shares
• Rama Steel Tubes: Installed solar project at Khopoli which will generate 1,100 MWh/Year
• Bhushan Steel: Denies reports of SFIO questioning CFO Nittin Johari
• Zenith Computers: Corporate Insolvency Resolution Process initiated against the company in the National Company Law Tribunal
• Bharati Defence and Infrastructure: Edelweiss Asset Reconstruction Company initiates Corporate Insolvency Resolution Process against the company

Today’s Nifty Call

Bulk Deals

• Vivimed Labs: Pragish Textiles Pvt. Ltd. bought 5 lakh shares or 0.62 percent stake at Rs 121.17 each
• Kridhan Infra: Payone Enterprises sold 4 lakh shares or 0.54 percent stake at Rs 73 each
• Shanti Education Initiatives: LTS Investment Fund sold 1.16 lakh shares or 0.7 percent stake at Rs 109.25 which was purchased by Manuj Ashokkumar Chiripal
• VCU Data Management: Shapoorji Pallonji & Company sold 1.56 lakh shares or 1 percent stake at Rs 12.31 each

Stocks In F&O Ban

• Allahabad Bank
• Bank of India
• BEML
• DLF
• Infibeam Incorporation
• Jaiprakash Associates
• Kaveri Seeds
• Oriental Bank of Commerce
• Reliance Communication
• HDIL
• IndiaBulls RealEstate
• Wockhardt

F&O Stocks To Watch

• Ujjivan Financial Services: Comes out of the F&O ban while the new entrants HDIL, IBREL and Wockhardt may see a slight halt in trading volumes.
• HDIL: Enters F&O ban with a high open interest of 29 percent on the short side
• Motherson Sumi: Top non-Nifty gainer on Monday with open interest addition of 5 percent
• Infosys: Top Nifty laggard on Monday; drops for third straight session
• Eicher Motors: Saw fresh shorts and open interest addition of 9 percent
• Adani Ports: Trades at fresh 52-week high; open interest addition of 7 percent

IPO Update

CDSL: IPO Subscribed Two times on Day 1
GTPL Hathway: To raise Rs 480 crore from IPO
Indian Energy Exchange: Files draft IPO papers with SEBI

Media Reports

• Reliance Industries: For 82 percent users, Reliance Jio is only a second SIM, a study shows. (Hindu Business Line)
• JSW Steel: Sajjan Jindal's reappointment at JSW Steel red-flagged by shareholder advisory firm. (Hindu Business Line)
• SAIL: Refuses to take over Monnet Ispat's assets. (Hindu Business Line)
• Reliance Infrastructure: In the race to upgrade five railway stations in Mumbai. (Economic Times)
• Mahindra & Mahindra: M&M e-rickshaws to roll out by year-end with an investment of Rs 600 crore. (Times of India)
• Shashi Shanker: To take over as ONGC CMD from October 1. (PTI)
• Advanced Enzymes: Eyes overseas acquisitions in R&D space. (PTI)
• Adani Ports: Moody's revises Adani Ports outlook to 'stable' from 'negative.' (PTI)
• Religare Enterprises: Has insufficient cash on books to meet payouts, says India Ratings. (Bloomberg)