Stocks To Watch: Burger King, Ashok Leyland, Divi's Labs, ONGC, Sobha, Godrej Industries, NHPC, Voltas

Stocks and bonds fell in Asia Friday after Treasuries and Wall Street shares sank on a jump in U.S. inflation to a fresh four-decade high.

U.S. equity futures, Australian shares and South Korean stocks slid. The tech-heavy Nasdaq 100 led declines as U.S. shares snapped a two-day winning run.

The Singapore-traded SGX Nifty, an early indicator of India's Nifty 50 Index’s performance, fell 0.93% to 17,443 as of 7 a.m.

Elsewhere, oil headed for the first weekly loss since mid-December. The dollar climbed. Bitcoin slid below $43,000 amid risk aversion.

Here are the stocks to watch in trade today:

• Tata Steel Long Products: The company has approved fund raising from Tata Steel by way of issuance of unlisted Non-Convertible Redeemable Preference shares for Rs 13,300 crore to meet the financial requirements for acquisition of Neelachal Ispat

• Bharat Forge: The company has entered into a power purchase agreement and share subscription and shareholders' agreement with Avaada MHVidarbha to purchase solar power on a single captive user basis. The company will acquire 26% equity stake for Rs 11,37,50,000 in AMHVPL.

• Burger King: The company launched its QIP issue on Thursday and approved the floor price of Rs 136.05 per share. The floor price is at a discount of 0.18% to Thursday's closing price. The fund raising committee of the board will meet on Feb. 15 to determine the issue price, including any discount, for the equity shares to be allotted to Qualified Institutional Buyers.

• Torrent Power: The company will acquire Visual Percept Solar Projects that operates 25MW solar power, from Blue Diamond Properties and Balrampur Chinni Mills at Rs 163 crore.

• Prestige: The company has concluded Phase II assets deal of Rs 1,016.4 crore with Blackstone Group reducing its debt by Rs 340.9 crore.

• CCL: The company has approved the proposal for expansion of the installed manufacturing capacity of Instant Coffee at Ngon Coffee Company, Vietnam, a wholly owned subsidiary of the company, from the existing 13,500 MTs per annum to 30,000 MTs per annum at an estimated project outlay of Rs 206.14 crore ($27.5 million). The company will also enter into the business of ‘Plant based Protein Food Products.’

• Karur Vyasa: The company has appointed Ramshankar R as chief financial officer.

• Sterling and Wilson: Shapoorji Pallonji and Khurshed Daruvala have sold 1,53,80,904 and 42,86,846 equity shares of the company to Reliance New Energy. RNEL holds 7,58,77,334 equity shares representing 40% of the total share capital of the company.

• Uttam Sugar Mills: The company has redeemed 2,00,000 6.50% Non-Cumulative Redeemable Preference Share of Rs. 100 each.

• Quess Corp: The company has appointed Guruprasad Srinivasan as Group CEO. The company has also increased its equity stake in Heptagon Technologies from 49% to 60.67% through subscription of 6,342 equity share for Rs 15,768 per share. Further, it will also receive 1,902 shares at the same price for a loan agreement signed in September 2018.

• Manali Petrochemicals: The company has approved the proposal of for setting up a new entity in Germany by AMCHEM Speciality Chemicals, Singapore, as part of its future plans for Notedome, a step down subsidiary.

• Olectra Greentech: The company has acquired 2,600 equity shares representing 26% stake at Rs 101 each in Evey Trans (Blr).

Earnings To Watch

• Akzo Nobel India

• Allcargo Logistics

• Amrutanjan Health Care

• Anupam Rasayan India

• Apollo Hospitals Enterprises

• Arvind Fashions

• Ashok Leyland

• Bajaj Hindusthan Sugar

• Mrs. Bectors Food Specialities

• Bengal & Assam Company

• Brookfield India Real Estate Trust REIT

• Cholamandalam Financial Holdings

• Citurgia Biochemicals

• Divi's Laboratories

• Everest Kanto Cylinder

• Fairchem Organics

• Fine Organic Industries

• Force Motors

• Fortis Healthcare

• Glenmark Pharmaceuticals

• Globus Spirits

• Godrej Industries

• Garden Reach Shipbuildings & Engineers

• Hemisphere Properties India

• HLE Glascoat

• Hindustan Foods

• Honeywell Automation India

• Himadri Speciality Chemical

• Housing & Urban Development Corporation

• IDFC

• IFCI

• India Cements

• India Glycols

• Indigo Paints

• Indostar Capital Finance

• Inox Wind

• ITI

• Jai Corporation

• Jaiprakash Power Ventures

• Kalpataru Power Transmission

• Kama Holdings

• Kovai Medical Center & Hospital

• Kaveri Seed Company

• Lloyds Metals and Energy

• Man Infraconstruction

• Marksans Pharma

• Mazagon Dock Shipbuilders

• Metropolis Healthcare

• Mirza International

• MOIL

• Motherson Sumi Systems

• MSTC

• Mukand

• Nazara Technologies

• NHPC

• The New India Assurance Company

• Oil India

• Oil and Natural Gas Corporation

• Punjab Alkalies & Chemicals

• Panama Petrochem

• Power Finance Corporation

• Polo Queen Industrial and Fintech

• Precision Camshafts

• Puravankara

• RateGain Travel Technologies

• Religare Enterprises

• Shree Renuka Sugars

• Sapphire Foods India

• Sequent Scientific

• Sobha

• Star Health and Allied Insurance Company

• Suprajit Engineering

• TCNS Clothing

• Tega Industries

• TV Today Network

• Uflex

• Ujjivan Financial Services

• Usha Martin

• Voltas

• VA Tech Wabag

Earnings Post Market Hours

Hero MotoCorp Q3 FY22 (Standalone, YoY)

• Revenue down 19.36% at Rs 7,883.27 crore Vs Rs 9,775.77 crore (BBG estimate: Rs 7803.4 crore)

• Net profit down 36.73% at Rs 686.13 crore Vs Rs 1,084.47 crore (BBG estimate: Rs 682.5 crore)

• Ebitda down 32.09% at Rs 960.01 crore Vs Rs 1,413.63 crore (BBG estimate: Rs 930.1 crore)

• Margin at 12.2% Vs 14.5% (BBG estimate: 11.91%)

RCF Q3 FY22 (Consolidated, YoY)

• Revenue up 81% at Rs 3,699.21 crore Vs Rs 2,047.88 crore

• Net profit up 45% at Rs 143.15 crore Vs Rs 98.70 crore

• Ebitda up 10% at Rs 223.04 crore Vs Rs 202.72 crore

• Margin at 6% Vs 9.9%

Tata Chemicals Q3 FY22 (Consolidated, YoY)

• Revenue up 21% at Rs 3,141.58 crore Vs Rs 2,606.08 crore

• Net profit up 93% at Rs 310.33 crore Vs Rs 160.85 crore

• Ebitda up 16% at Rs 545.14 crore Vs Rs 471.91 crore

• Margin at 17.4% Vs 18.1%

Zomato Q3 FY22 (Consolidated, QoQ)

• Revenue up 9% at Rs 1,112 crore Vs Rs 1,024.2 crore

• Net loss at Rs 63.20 crore Vs Rs 429.6 crore

• Ebitda loss at Rs 488.80 crore Vs Rs 535.80 crore

• Gross order value grew by 1.7% to Rs 5,500 crore

• Number of orders grew 5%

• Average order value shrunk by 3%

Sun TV Network Q3 FY22 (Consolidated, YoY)

• Revenue up 7% at Rs 1,060.43 crore Vs Rs 994.14 crore

• Net profit up 6% at Rs 471 crore Vs Rs 445.54 crore

• Ebitda up 21% at Rs 734.89 crore Vs Rs 608.07 crore

• Margin at 69.3% Vs 61.2%

• Declared dividend of Rs 2.50 per share

IRB Infrastructure Developers Q3 FY22 (Consolidated, YoY)

• Revenue down 17% at Rs 1,279.11 crore Vs Rs 1,547.15 crore

• Net profit up 5% at Rs 72.67 crore Vs Rs 69.48 crore

• Ebitda up 3% at Rs 738.36 crore Vs Rs 719.95 crore

• Margin at 57.7% Vs 46.5%

Reliance Power Q3 FY22 (Consolidated, YoY)

• Revenue down 5% at Rs 1,795.94 crore Vs Rs 1,897.17 crore

• Net loss of Rs 13.93 crore Vs Net profit of Rs 52.29 crore

• Ebitda down 8% at Rs 829.05 crore Vs Rs 902.29

• Margin at 46.2% Vs 47.6%

Gujarat State Petronet Q3 FY22 (Consolidated, YoY)

• Revenue up 67% at Rs 5,587.16 crore Vs Rs 3,339.66 crore

• Net profit down 37% at Rs 294.59 crore Vs Rs 470.45 crore

• Ebitda down 43% at Rs 583.08 crore Vs Rs 1,019.31 crore

• Margin at 10.6% Vs 31.1%

Cochin Shipyard Q3 FY22 (Consolidated, YoY)

• Revenue up 27% at Rs 952.88 crore Vs Rs 748.69 crore

• Net profit down 42% at Rs 129.38 crore Vs Rs 223.73 crore

• Ebitda down 55% at Rs 141.36 crore Vs Rs 316.11 crore

• Margin at 14.8% Vs 42.2%

• Declared interim dividend of Rs 7 per share

Trent Q3 FY22 (Consolidated, YoY)

• Revenue up 76% at Rs 1,499.08 crore Vs Rs 853.63 crore

• Net profit up 89% at Rs 139.69 crore Vs Rs 73.93 crore

• Ebitda up 59% at Rs 272.64 crore Vs Rs 171.48 crore

• Margin at 18.2% Vs 20.1%

Cummins India Q3 FY22 (Consolidated, YoY)

• Revenue up 22% at Rs 1,743.66 crore Vs Rs 1,431.02 crore

• Net profit up 4% at Rs 249.50 crore Vs Rs 240.29 crore

• Ebitda up 13% at Rs 272.55 crore Vs Rs 242.12 crore

• Margin at 15.6% Vs 16.9%

• Declared an interim dividend of Rs 8 per share

Quess Corp Q3 FY22 (Consolidated, YoY)

• Revenue up 31% at Rs 3,684.98 crore Vs Rs 2,807.88 crore

• Net profit up 94% at Rs 88.51 crore Vs Rs 45.57 crore

• Ebitda up 19% at Rs 179.44 crore Vs Rs 150.82 crore

• Margin at 4.9% Vs 5.4%

Block Deals

• Chemcon Speciality Chemicals:

Kamal Kumar Rajendra Aggarwal bought 5.10 lakh (1.39%) shares at Rs 341 apiece.

Kamal Aggarwal Minal sold 5.10 lakh (1.39%) shares at Rs 341 apiece.

Pledged Shares Details

• Emami:

Promoter Group Sneha Enclave revoked a pledge of 2.25 lakh shares on Feb. 08.

Promoter Group Midkot Investments revoked a pledge of 3.75 lakh shares on Feb. 09.

Insider Trades

• Kitex Garments: Promoter & Director Sabu M. Jacob bought 2,000 shares on Feb. 07.

• Hatsun Agro Product: Promoter & Director R G Chandramogan bought 26,881 shares on Feb. 09.

• Olectra Greentech: Promoter Group P S Parthasarathy sold 5,000 shares on Feb. 04.

Who's Meeting Whom

• Mannapuram Finance: To meet investors and analysts on Feb. 14.

• Bajaj Finserv: To meet investors and analysts on Feb. 11.

• Mrs. Bector: To meet investors and analysts on Feb. 15.

• Time Technoplast: To meet investors and analysts on Feb. 14.

• Ipca: To meet investors and analysts on Feb. 15.

• Ion Exchange: To meet investors and analysts on Feb. 16.

• HOEC: To meet investors and analysts on Feb. 15.

• Shree Pushkar Chemicals: To meet investors and analysts on Feb. 15.

• GR Infraprojects: To meet investors and analysts on Feb. 14.

• Hinduja Global Solutions: To meet investors and analysts on Feb. 14.

• The India Cements: To meet investors and analysts on Feb. 11.

• Ashiana: To meet investors and analysts on Feb. 15.

Trading Tweaks

• Price Band Revised From 10% To 5%: Gujarat Fluorochemicals

• Move Out Of Short-Term ASM Framework: PSP Projects, Avadh Sugar & Energy, Vardhman Holdings

• Record Date Interim Dividend: Jubilant Ingrevia, VRL Logistics, GMM Pfaudler, KPIT Technologies, NACL Industries, Torrent Power, Cholamandalam Investment and Finance Company, LT Foods, Bharat Petroleum Corporation, Nitin Spinners, Apcotex Industries, Emami

• Record Date Face Value Split: Greenlam Industries

• Record Date Spin Off: Forbes & Company

• Ex-Date Interim Dividend: Acrysil, Balrampur Chini Mills, BLS International Services, Sona BLW Precision Forgings