Stocks To Watch: Ambuja Cements, Infosys, Indiabulls Housing Finance, HDFC Bank

Indian benchmark indices rose on Monday, buoyed by telecom stocks and Reliance Industries Ltd., as trading resumed after a three-day break following Thursday's ceremonial session.

Both S&P BSE Sensex and NSE Nifty 50 closed trading 0.4 percent higher.

Fourteen out of 19 sector gauges compiled by BSE ended higher led by the S&P BSE Telecom Index's 2.8 percent surge. On the flipside, the S&P BSE FMCG Index was the top sectoral loser, down 0.66 percent.

The Singapore-traded SGX Nifty, an early indicator of Nifty 50 Index’s performance in India, fell 0.14 percent to 10,186 as of 7:30 am.

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

• Reliance Communication: To merge wireless business of Sistema Shyam with itself
• IndusInd Bank: Launched m-wallet with MobiKwik
• Cochin Shipyard: Formed JV with Hooghly Dock & Port Engineers
• IVRCL Infra: Lenders decided to exit from Corporate Debt Restructuring mechanism
• Kaya: To invest Rs 51 crore in Singapore-based subsidiary KME Holdings
• State Bank of India and Escorts Limited: Signed MoU for financing Tractors
• Tourism minister to talk to finance minister over high GST on 5-star hotels: Bloomberg
• SEBI: Disposed adjudication proceedings against Prannoy Roy
• Realty sector to continue to face headwinds in near-term: ICRA

Other Corporate Announcements

Indiabulls Housing Finance

• To raise up to Rs 25,000 crore via secured NCDs
• To raise up to Rs 3,000 crore via unsecured NCDs

Mahindra Logistics

• Price band for IPO fixed at Rs 425 to Rs 429
• Discount of Rs 42 per share will be offered to its eligible employees
• Minimum bid lot for the offer is fixed at 34 equity shares and in multiples of 34 shares thereafter

IPO Watch

• General Insurance Corp to be listed on October 25
• Mahindra Logistics sets IPO price band at Rs 425-429 per share

Circuit Revisions

• Vishal Fabrics: Ex date for stock split from Rs10 to Rs5 each
• Siyaram Silk Mills: Last trading day before stock split from Rs 10 to Rs 2 per share
• Circuit filter revised to 10 percent: Ferro Alloys, GNFC, Shiva Cements, Pondy Oxides, Balasore Alloys
• Viji Finance: Circuit filter revised to 5 percent

F&O Setup

• Nifty October Futures closed with a premium of 4.7 points at 10,189.7
• Nifty rollover at 17 percent; Bank Nifty rollover at 16 percent.
• India VIX closed 0.5 percent lower at 12.3
• October series highest Call base at 10,200 (open interest at 43.7 lakh, down 6 percent)
• October series highest Put base at 10,000 (open interest at 69.7 lakh, down 7 percent)
• October Call strikes 10,200 saw unwinding and 10,150 & 10,250 saw open interest addition
• October Put strikes 10,000, 10,150 saw open interest addition

F&O Ban

• Bharat Earth Movers
• DHFL
• HDIL
• Indiabulls Real Estate
• Infibeam
• JP Associates
• JSW Energy
• Reliance Capital

Active Stock Futures

• PFC saw open interest addition of 19 percent on long side
• V-Guard saw open interest addition of 15 percent on long side
• Ceat saw open interest addition of 15 percent on short side
• IGL saw open interest addition of 10 percent on long side
• Dish TV saw open interest addition of 10 percent on short side
• RCom saw open interest addition of 9 percent on long side
• MGL saw open interest addition of 9 percent on long side

Bulk Deals

Sunteck Realty

• Fidelity Emerging Markets Fund bought 30.11 lakh shares or 2.4 percent stake at Rs 321.6 each (average)
• Shri Gopikrishna Trust sold 14.73 lakh shares or 1.2 percent stake at Rs 321.6 each (average)

S Chand

• HDFC Mutual Fund bought 2.96 lakh shares or 0.9 percent stake at Rs 455 each

IOL Chemicals and Pharma

• Indiastar (Mauritius) Ltd. sold 11 lakh shares or 2 percent stake at Rs 60.22 each

Wimplast

• Ghisulal Rathod bought 1.01 lakh shares or 0.8 percent stake at Rs 1300 each

MoldTek Technologies

• N G Industries bought 3.06 lakh shares or 1.1 percent stake at Rs 53.5 each
• UNO Metals sold 3.06 lakh shares or 1.1 percent stake at Rs 53.5 each

Viceroy Hotels

• Canara Bank Securities sold 2.8 lakh shares or 0.7 percent stake at Rs 17.25 each

Amarjothi

• Care portfolio Managers sold 37,970 shares or 0.6 percent stake at Rs 220.94 each

PG Electroplast

• Satpal Khattar bought 1.65 lakh shares or 1 percent stake at Rs 396 each

Earnings Reactions To Watch

Indiabulls Housing Finance (Q2, YoY)

• Net Interest income up 27.1 percent to Rs 1,389 crore
• Net profit up 25.8 percent to Rs 861 crore
• Gross NPA at 0.78 percent versus 0.80 percent (QoQ)
• Net NPA unchanged at 0.31 percent (QoQ)

Oriental Hotels (Q2, YoY)

• Revenue up 8.7 percent to Rs 87 crore
• EBITDA up 44 percent to Rs 13 crore
• Margins at 14.9 percent versus 11.3 percent
• Net profit of Rs 3 crore versus net loss of Rs 1.4 crore

Automotive Stampings (Q2, YoY)

• Revenue fell 12.5 percent to Rs 70 crore
• EBITDA loss of Rs 8.5 crore versus loss of Rs 1 crore
• Margins at negative 12.1 percent versus negative 1.3 percent
• Net loss of Rs 14 crore versus net loss of Rs 4 crore

Nifty Results Today

• Ambuja Cements
• Asian Paints
• HDFC Bank
• Infosys
• Zee Entertainment

Other Results Today

• ABB India
• Can Fin Homes
• ICICI Prudential Life Insurance Company
• Mahindra CIE Automotive
• Rallis India
• Raymond
• Artson Engineering
• Ashirwad Steels And Industries
• Bengal And Assam Company
• Chambal Fertilizers And Chemicals
• GHCL
• GKW
• HBL Power Systems
• Indian Metals And Ferro Alloys
• International Paper Appm
• Jenson And Nicholson
• Jk Agri Genetics
• Phillips Carbon Black
• Radico Khaitan
• Saregama India
• TTK Prestige
• Vertex Securities
• Visa Steel

Brokerage Radar

• Sun Pharma: Macquarie maintained 'Underperform' on the stock with price target of Rs 440
• Lupin: Macquarie maintained its 'Neutral' stance on the stock with price target of Rs 1,022
• Dr. Reddy's Lab: Macquarie maintained its 'Neutral' stance on the stock with price target of Rs 2,500
• Cipla: Macquarie maintained its 'Neutral' stance on the stock with price target of Rs 632
• Cadila: Macquarie maintained 'Underperform' on the stock with price target of Rs 415
• Glenmark Pharma: Macquarie maintained its 'Outperform' rating with price target of Rs 728
• Jubilant Life: Macquarie maintained its 'Outperform' rating with price target of Rs 900
• Strides Shasun: Macquarie maintained its 'Outperform' rating with price target of Rs 1,100

Havells India

• CLSA maintained its 'Sell' on the stock with price target hiked to Rs 525 from Rs 470
• Credit Suisse maintained its 'Neutral' rating on the stock with price target hiked to Rs 550 from Rs 535
• UBS maintained its 'Sell' on the stock with price target of Rs 375
• Citi maintained its 'Neutral' stance on the stock with price target of Rs 575

Hindustan Zinc

• Macquarie maintained its 'Outperform' rating on the stock with price target hiked to Rs 329 from Rs 300
• Citi maintained its 'Neutral' stance on the stock with price target of Rs 300

Indiabulls Housing Finance

• UBS maintained its 'Neutral' rating on the stock with price target hiked to Rs 1,250 from Rs 1,150
• Credit Suisse maintained its 'Outperform' on the stock with price target hiked to Rs 1,600 from Rs 1,400
• Macquarie downgraded stock to 'Underperform' from 'Neutral' with price target of Rs 1,095
• CLSA maintained 'Buy' on the stock with price target of Rs 1,500

Media Reports

• Infosys: May name CEO today, former executives BG Srinivas and Ashok Vemuri among probables. (Business Standard)
• Essar Steel: Tata Steel and Ruias to submit bid for Essar Steel, JSW Steel gives it a skip
• SREI Infrastructure: Submits expression of interest for its debtor Electrosteel Steel. (Business Standard)
• ONGC: Anil Agarwal tells Government to privatise idle assets of CIL and ONGC. (Economic Times)
• Maruti: Wants pole position in the Utility Vehicles segment. (Economic Times)
• NTPC: Searches buyers for Kadapa Solar park's power. (Economic Times)
• SEL Manufacturing: Bankruptcy proceedings filed against SEL Manufacturing. (Mint)
• Canara Bank: To hire I-banks for sale of non-core assets. (Mint)