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Stocks To Watch: PTC India, Birla Corp, ONGC, Inox Leisure, FDC

Here are the stocks to watch in trade today..

<div class="paragraphs"><p>The Bombay Stock Exchange  building in Mumbai. (Photographer: Dhiraj Singh/Bloomberg)</p></div>
The Bombay Stock Exchange building in Mumbai. (Photographer: Dhiraj Singh/Bloomberg)

The S&P BSE Sensex and NSE Nifty declined for the fourth consecutive session on Friday, making it the longest losing streak in a month.

For the week, Sensex shed over 2,000 points, while Nifty fell 600 points.

Asian stocks fell on Monday and U.S. equity futures rebounded as traders weighed concerns about tightening Federal Reserve monetary policy.

The Singapore-traded SGX Nifty, an early indicator of India's Nifty 50 Index's performance, fell 0.84% to 17,489.50 as of 7:30 a.m.

Here are the stocks to watch in today's trade:

  • PTC India: The company has called for a third-party audit of allegations related to board appointments at subsidiary PTC India Financial.

  • Birla Corporation: The company inaugurated the Mukutban integrated cement plant, the the largest greenfield investment of Rs 2,744 crore by the company, taking its cement business to 2 crore tonnes annually.

  • Philips Carbon Black: To consider proposal for sub-division of the equity shares of the company having a face value of Rs 2 each and alteration of authorised capital on Feb. 9.

  • Oil and Natural Gas Corporation: ONGC Videsh has into the development stage of a major gas discovery in Brazil with the submission of declaration of commerciality. The company holds 25% participating interest of the block.

  • Arshiya: The company received NCLT approval of the demerger between Arshiya and Arshiya Rail Infrastructure.

  • Inox Leisure: The company has approved a scheme of merger of Shouri Properties with Inox Leisure Ltd.

  • FDC: FDC was granted ANDA approval by United States Food and Drug Administration for an antibiotic, Ofloxacin Otic Solution, 0.3%.

Opinion
India’s Future Retail Unable to Meet $471 Million Debt Deadline

Earnings Post Market Hours

RIL Q3 FY22 (Consolidated, YoY)

  • Revenues up 57% at Rs 1,85,047 crore vs Rs 1,17,860 crore (Bloomberg Estimate: Rs 1,75,000 crore)

  • Net profit up 41.6% at Rs 18,549 crore vs Rs 13,101 crore (Bloomberg Estimate: Rs 15,046.7 crore)

  • Ebitda up 37.7% at Rs 29,706 crore vs Rs 21,566 crore (Bloomberg Estimate: Rs 28380.4 crore)

  • Ebitda margins at 16.1% vs 18.3% (Bloomberg Estimate: 16.2%)

Reliance Jio (Standalone, QoQ)

  • Revenues up 3.3% at Rs 19,347 crore vs Rs 18,735 crore (Bloomberg estimate: Rs 19,387 crore)

  • Net profit rose 2.4% to Rs 3,615 crore vs Rs 3,528 crore (Bloomberg estimate: Rs 3,860 crore)

  • Ebitda up 2.4% at Rs Rs 4,847 crore vs Rs 4,731 crore

  • Ebitda margins at 26.1% vs 26.3%

JSW Steel Q3 FY22 (Consolidated, QoQ)

  • Revenues up 17.1% at Rs 38,071 crore vs Rs 32,503 crore (Bloomberg estimate: Rs 36,796.9 crore)

  • Net profit down 39.2% at Rs 4,357 crore vs Rs 7,170 crore (Bloomberg estimate: Rs 4,872.9 crore)

  • Ebitda down 12.3% at Rs 9,132 crore vs Rs 10,417 crore (Bloomberg estimate: Rs 9,415.3 crore)

  • Margins at 23.9% vs 32.0% (Bloomberg estimate: 25.6%)

Vodafone Idea Q3 FY22 (Consolidated, QoQ)

  • Revenues up 3.3% at Rs 9,717.3 crore vs Rs 9406.4 crore (Bloomberg estimate: Rs 9,772.5 crore)

  • Net loss at Rs 7,230.9 crore vs Net loss of Rs 7132.3 cr (Bloomberg estimate: Net loss Rs 6998 crore)

  • Ebitda down 1.2% at Rs 3,816.5 crore vs Rs 3,862.9 crore (Bloomberg estimate: Rs 4037.6 crore)

  • Ebitda margins at 39.3% vs 41.1% (Bloomberg estimate: 41.3%)

L&T Finance Holding Q3 FY22 (Consolidated, YoY)

  • NII down 6% at Rs 1,563.91 crore crore vs Rs 1,661 crore

  • Net profit down 12% at Rs 325.99 crore vs Rs 290.66 crore

Gland Pharma Q3 FY22 (Consolidated, YoY)

  • Revenues up 24% at Rs 1,063.32 crore vs Rs 859.42 crore

  • Net profit up 34% at Rs 273.03 crore vs Rs 204.10 crore

  • Ebitda up 34.19% at Rs 321.07 crore vs Rs 239.26 crore

  • Ebitda margins at 30.2% vs 27.8%

Bandhan Bank Q3 FY22 (Consolidated)

  • NII up 3% at Rs 2,124.7 crore vs Rs 2,071.73 crore (YoY)

  • Net profit up 36% at Rs 858.97 crore vs Rs 632.59 crore (YoY)

  • GNPA at 10.81% vs 10.82% (QoQ)

  • NNPA at 3.01% vs 3.04% (QoQ)

Share India Securities Q3 FY22 (Consolidated)

  • NII up 108% at Rs 195.31 crore vs Rs 93.82 crore (YoY)

  • Net profit up 178% at Rs 48.96 crore vs Rs 17.61 crore (YoY)

  • The company approved dividend of Rs 2 per share.

INOX Q3 FY22 (Consolidated, YoY)

  • Revenues up 1,892% at Rs 296.47 crore vs Rs 14.88 crore

  • Net loss down 101% at Rs 1.32 crore vs Rs 102.78 crore

  • Ebitda down 171.22% at Rs 57.97 crore vs Rs 81.39 crore (negative)

  • Ebitda margins at 19.55% vs -546.98%

Opinion
Thanks, Wall Street, But We Have Enough SPACs Now

Earnings Today

  • HDFC Asset Management

  • Axis Bank

  • SBI Cards and Payment Services

  • Shriram Transport Finance

  • Steel Strips

  • Supreme Industries

  • Ramco Cements

  • Burger King

  • Deepak Nitrite

  • Indian Energy Exchange

  • IIFL Securities

  • Kirloskar Ferrous

  • IndiaMart InterMesh

  • Zensar Technologies

  • Meghmani Finchem

  • Oriental Hotels

  • Greenpanel Industries

  • GRM Overseas

  • Apollo Pipes

  • Apollo Tricot Tubes

  • CERA Sanitaryware

  • Craftsman Automation

  • Chennai Petroleum

  • Quick Heal Technologies

  • Sudarshan Chemicals

Who's Meeting Whom

  • Supreme Industries: To hold a conference call with investors and analysts on Jan. 24.

  • Burger King India: To meet investors and analysts on Jan. 25.
    IndiaMart: To meet investors and analysts on Jan. 25.

  • UTI Asset Management: To meet investors and analysts on Jan. 29.

  • Vakrangee: To meet investors and analysts on Jan. 24.

  • SRF: To meet investors and analysts on Jan. 27.

  • CG Power and Industrial Solutions: To meet investors and analysts on Jan. 27.

Pledged Shares Details

  • Orchid Pharma: Promoter Dhanuka Laboratories revoked a pledge of 1.20 crore shares on Jan. 19.

  • Solara Active Pharma Sciences: Promoter Pronomz Ventures LLP created and revoked a pledge of 1 lakh shares on Nov. 11, 2021.

Opinion
Havells Q3 Review - Long-Term Gains Amid Omicron Uncertainty: Prabhudas Lilladher

Trading Tweaks

Price Band Revised From 20% To 10%: HSIL
Record Date Interim Dividend: Wipro
Ex-Date Interim Dividend: CESC, K.P.I. Global Infrastructure, DCM Shriram
Move Out Of Short-Term ASM Framework: Pearl Global Industries, Coffee Day Enterprises

Opinion
Diesel Futures Signal the Cost of Filling Up the Truck Might Have Peaked