Stocks To Watch: Idea Cellular, Bank of Baroda, GAIL, Fortis, Sun Pharma
Here are the stocks to watch in Wednesday’s trading session.
Stocks in Asia were mixed as Japan retreated with the yen trading close to a five-month high and as investors keenly awaited the U.S. inflation report after the selloff in global stock and bond markets.
The Singapore-traded SGX Nifty, an early indicator of NSE Nifty 50 Index’s performance in India, rose 0.7 percent to 10,544 as of 7:35 a.m.
Here are the stocks to watch in Wednesday’s trading session
- Idea Cellular raises Rs 3,250 crore through preferential allotment to promoters
- Bank of Baroda to exit South Africa amid probe over Gupta ties
- Mangalam Cement to set up a 11 MW waste heat recovery plant at Rajasthan
- Rolta signs pact to deal to restructure U.S. dollar bonds due 2018, 2019
- Fortis Healthcare seeks extension till Feb. 28 to announce Q2, Q3 results
- Indoco Remedies’ Goa plant gets 8 observations under form 483 from U.S. FDA
- Piramal Enterprises to transfer assets to unit Piramal Finance for Rs 1,910 crore
- CG Power to sell Hungary business (excluding switchgear business) for 38 million euros. Deal expected to be completed by Mar. 31
- IOL Chemicals and Pharma starts production of anti-diabetes drug Metformin
- Precision Camshafts receives multiple orders worth Rs 275 crore
- JSW Steel commences mining operations in Tunga with a capacity of 0.3 MTPA
- Max Life emerges as frontrunner to buy IDBI Federal Life: Mint newspaper
IPO Watch
- Aster DM Healthcare continues on Day 2. The issue is subscribed 0.26 times.
Delhi High Court stays sale of Odisha Slurry Pipeline.https://t.co/fnYIdJwq9j
— BloombergQuint (@BloombergQuint) February 13, 2018
F&O Setup
- Nifty February futures trade at 10,543, premium of 3.4 points from 14.8 points
- February series: Nifty open interest up 5 percent; Bank Nifty open interest unchanged
- India VIX ended at 17.8, down 7 percent
- Max open interest for February series at 11,100 call strike (open interest at 56.9 lakh, down 1 percent)
- Max open interest for February series at 10,000 put (open interest at 54.7 lakh, down 5 percent)
If you were planning on putting your money back into stocks, you might want to hold on.https://t.co/SuB4tb43xR pic.twitter.com/mAbZa3RdGn
— BloombergQuint (@BloombergQuint) February 13, 2018
F&O Ban
- In ban: Balrampur Chini, Dish TV, GMR Infra, HDIL, JP Associates
- New in ban: Dish TV, JP Associates
- Out of ban: Jain Irrigation
Only intraday positions can be taken in stocks which are in F&O ban. In case of a rollover of these intraday positions, there is a penalty.
Active Stock Futures
Bulk Deals
KRBL
- Pabrai Investment bought 64.18 lakh shares (2.7 percent) at Rs 594 each
- Abdullah Ali Balsharaf sold 32.50 lakh shares (1.4 percent) at Rs 594 each
- Omar Ali Obaid Balsaraf sold 32.50 lakh shares (1.4 percent) at Rs 594 each
Religare: Merlin Marketing sold 10 lakh shares (0.6 percent) at Rs 52.35 each
- Electrosteel Steels: SCIIL Steel Cast Iron Investments(Cyprus) Ltd sold 1.36 crore shares (0.6 percent) at Rs 3.44 each
- Nandan Denims: LTS Investment Fund bought 2.46 lakh shares (0.5 percent) at Rs 146.43 each
What saved oil marketing companies in third quarter?https://t.co/ZFjMkCYYob pic.twitter.com/DL7caZZI3z
— BloombergQuint (@BloombergQuint) February 13, 2018
Earnings Reactions To Watch
Britannia Industries Q3 (YoY)
- Revenue up 12.5 percent at Rs 2567.5 crore
- Net profit up 20 percent at Rs 264 crore
- EBITDA up 27 percent at Rs 399 crore
- Margin at 15.5 percent versus 13.8 percent
Lumax Auto Q3 (YoY)
- Revenue up 26 percent at Rs 277 crore
- Net profit up 225 percent at Rs 13 crore
- EBITDA up 65 percent at Rs 28 crore
- Margin at 10.1 percent versus 7.7 percent
RBI has revised its stressed asset framework to ensure speedy resolution of bad loans in the future.https://t.co/gf3ZqRzP5c pic.twitter.com/pNK0OXRWx5
— BloombergQuint (@BloombergQuint) February 13, 2018
J Kumar Infra Q3 (YoY)
- Revenue up 24 percent at Rs 457 crore
- Net profit up 24.5 percent at Rs 33 crore
- EBITDA up 24.8 percent at Rs 78 crore
- Margin at 17.1 percent versus 16.9 percent
GSK Consumer Q3 (YoY)
- Revenue up 20 percent at Rs 1035 crore
- Net profit up 20.6 percent at Rs 164 crore
- EBITDA up 21.4 percent at Rs 204 crore
- Margin at 19.7 percent versus 19.5 percent
Dollar Industries Q3 (YoY)
- Revenue up 40 percent at Rs 233 crore
- Net profit up 200 percent at Rs 18 crore
- EBITDA up 118 percent at Rs 37 crore
- Margin at 15.9 percent versus 10.2 percent
NHPC Q3 (YoY)
- Revenue up 14 percent at Rs 1498 crore
- Net profit up 220 percent at Rs 688 crore
- EBITDA up 25.5 percent at Rs 784.5 crore
- Margin at 52.4 percent versus 47.7 percent
Mirc Electronics Q3 (YoY)
- Revenue down 4 percent at Rs 131 crore
- Net profit of Rs 3 crore versus Rs net loss of 24.55 crore
- EBITDA at Rs 8 crore versus loss of Rs 1 crore
- Margin at 6.1 percent versus -0.7 percent
Shaily Engineering Plastics Q3 (YoY)
- Revenue up 44 percent at Rs 79 crore
- Net profit up 200 percent at Rs 6 crore
- EBITDA up 86 percent at Rs 13 crore
- Margin at 16.5 percent versus 12.7 percent
Tide Water Oil Q3 (YoY)
- Revenue up 21 percent at Rs 292 crore
- Net profit up 26 percent at Rs 29 crore
- EBITDA up 27 percent at Rs 33 crore
- Margin at 11.3 percent versus 10.7 percent
Rupa & Co Q3 (YoY)
- Revenue at Rs 278 crore versus Rs 206 crore
- Net profit at Rs 24 crore versus Rs 17 crore
- EBITDA up 26 percent at Rs 41.5 crore
- Margin at 14.9 percent versus 16 percent
Minda Corp Q3 (YoY)
- Revenue up 25 percent at Rs 636 crore
- Net profit up 81 percent at Rs 38 crore
- EBITDA up 43 percent at Rs 71 crore
- Margin at 11.2 percent versus 9.7 percent
Indian Hotels Q3 (YoY)
- Revenue up 6 percent at Rs 1197 crore
- Net profit up 16 percent at Rs 108 crore
- EBITDA up 5 percent at Rs 280 crore
- Margin at 23.4 percent versus 23.6 percent
GIC Re Q3 (YoY)
- Gross premium up 8 percent at Rs 8870 crore
- Net premium down 2 percent at Rs 7477 crore
- Net profit of Rs 673 crore versus net loss of Rs 401 crore
Mukta Arts Q3 (YoY)
- Revenue up 17 percent at Rs 28 crore
- Net loss of Rs 3 crore versus net loss of Rs 2.5 crore
- EBITDA unchanged at Rs 0.4 crore
- Margin at 1.4 percent versus 1.7 percent
CG Power and Industrial Solutions Q3 (YoY)
- Revenue up 15 percent at Rs 1516 crore
- Net loss at Rs 28 crore versus loss of Rs 25 crore
- EBITDA unchanged at Rs 127 crore
- Margin at 8.4 percent versus 9.6 percent
GAIL Q3 (QoQ)
- Revenue up 16 percent at Rs 14414 crore
- Net profit down 4 percent at Rs 1262 crore
- EBITDA down 5 percent at Rs 1970 crore
- Margin at 13.7 percent versus 16.7 percent
Motherson Sumi Q3 (YoY)
- Revenue up 35.9 percent at Rs 14398 crore
- Net profit down 12.4 percent at Rs 364.5 crore
- EBITDA up 14.9 percent at Rs 1259.6 crore
- EBITDA margin at 8.7 percent versus 10.4 percent
Bank of India Q3 (YoY)
- Net Interest Income down 12.6 percent at Rs 2501 crore
- Net loss of Rs 2341 crore versus net profit of Rs 102 crore
- Provisions for NPA up 134 percent at Rs 4373 crore
- GNPA at 16.93 percent versus 12.62 percent (QoQ)
- NPA at 10.29 percent versus 6.47 percent (QoQ)
Hathway Cables Q3 (YoY)
- Revenue down 58.6 percent at Rs 139 crore
- Net profit of Rs 24 crore versus net loss of Rs -44.4 crore
- EBITDA down 5.5 percent at Rs 60.5 crore
- Margin at 43.5 percent versus 19 percent
Mangalam Cement Q3 (YoY)
- Revenue up 25 percent at Rs 292 crore
- Net profit down 53 percent at Rs 2.7 crore
- EBITDA down 64 percent at Rs 8 crore
- Margin at 2.7 percent versus 9.4 percent
Triveni Engineering Q3 (YoY)
- Revenue up 12 percent at Rs 773 crore
- Net profit down 21 percent at Rs 60 crore
- EBITDA down 27 percent at Rs 94 crore
- Margin at 12.2 percent versus 18.6 percent
Corporation Bank Q3 (YoY)
- Net Interest Income up 3 percent at Rs 1264 crore
- Net loss of Rs 1240.5 crore versus net profit of Rs 159 crore
- Provisions for NPA down 2 percent at Rs 2495
- GNPA at 15.92 percent versus 15.28 percent (QoQ)
- Net NPA at 10.73 percent versus 10.24 percent (QoQ)
PFC Q3 (YoY)
- Net Interest Income down 38 percent at Rs 1835.5 crore
- Net profit down 18 percent at Rs 1604 crore
UFO Moviez Q3 (YoY)
- Revenue down 7 percent at Rs 139 crore
- Net profit down 12 percent at Rs 12 crore
- EBITDA down 19.5 percent at Rs 35.4 crore
- Margin at 25.5 percent versus 29.3 percent
Finolex Industries Q3 (YoY)
- Revenue up 25.5 percent at Rs 723 crore
- Net profit down 3.5 percent at Rs 69.5 crore
- EBITDA down 12 percent at Rs 114 crore
- Margin at 15.8 percent versus 22.4 percent
JK Tyre Q3 (YoY)
- Revenue up 15.5 percent at Rs 2123 crore
- Net profit down 87 percent at Rs 11 crore
- EBITDA down 16 percent at Rs 213 crore
- Margin at 10 percent versus 13.8 percent
Indiaâs consumer price inflation cools slightly in January.https://t.co/k5Bai2kPCM pic.twitter.com/Q3zAIFAAsK
— BloombergQuint (@BloombergQuint) February 13, 2018
Nifty Earnings To Watch
- Sun Pharmaceuticals
Other Earnings To Watch
- 8K Miles Software Services
- Allahabad Bank
- Apollo Hospitals Enterprise
- Balkrishna Industries
- Cox & Kings
- Dena Bank
- Godrej Industries
- Grasim Industries
- Indo Count Industries
- Infibeam Incorporation
- Jet Airways
- Nestle India
- NLC India
- Repco Home Finance
- Speciality Restaurants
- Sunteck Realty
- Tata Power
- Vivimed Labs
- Welspun Enterprises