Stocks in Focus on August 18: Telecom Stocks, Petronet LNG to Banking & Financial Stocks; here are expected newsmakers of the day

Stocks in Focus on August 18: Key domestic benchmarks snapped their three-day losing streak and ended with modest gains on Monday, August 17, 2020. The barometer index, the S&P BSE Sensex gained 173.44 points or 0.46% at 38,050.78. The Nifty 50 index added 68.70 points or 0.61% at 11,247.10. But certain stocks came in news after the market was closed. These stocks can impact the indices when it reopens on Tuesday, August 18, 2020. List of such five stocks:

Triggers: There are certain events, like Results today, AGR hearing, Spencers Retail, Delhi HC hearings, T2T segment stocks, AGM and Ex-dividend, which can create positive/negative reactions in the markets. Find them in detail:

Results Today
Nifty: Zee Entertainment (post-market)   
Cash: Precision Camshafts, FACT, JK Cement, TCNS Clothing, KNR Const, HAL, Const, HAL, Uflex ltd 
AGR hearing: The Supreme Court is scheduled to hear the on adjusted gross revenue (AGR) dues case today. The matter will be heard at 2 pm.
Spencer's Retail Rights Issue: The RP-Sanjiv Goenka Group company’s first-ever rights issue of Rs 80 crore will close today. The issue opened on August 4 and was priced at Rs 75 per equity share. The company is offering 2 rights shares for every 15 shares held on July 29. The shares will be allotted on August 25 and will be listed on August 27.

See Zee Business Live TV streaming below:

Delhi High Court Hearings   
Dabur vs Marico - 18th August (Dabur accused Marico of imitating its Honey bottle, label, and packaging)  
Paytm vs TRAI - 18th August - (PayTm approached HC blaming Telcos for frauds) 
T2T Segment Stocks: Selected shares will join the trade for trade segment from rolling segment, while some shares will move out from the trade for trade segment to rolling segment.
 
AGM Today: Annual General Meeting of companies, like Kotak Mahindra Bank Ltd, Bharti Airtel Ltd, Alkem Laboratories Ltd, Honeywell Automation India Ltd, Oracle Financial Services Software Ltd, Somany Ceramics Ltd, Birla Cable, is scheduled to be held today. 

Ex-Dividend today: Can Fin Homes Ltd, Equitas Holdings, IG petrochemicals, Pressman Advertising Limited and United Breweries will turn ex-dividend today. The ex-dividend date for stocks is usually set one business day before the record date.

Post Market Results: These companies, namely Petronet LNG, Orient paper, HFCL, have reported their financial results after the market hours on Monday. Find in details: 

Petronet LNG: Petronet LNG on Monday reported a 45% quarter-on-quarter rise in profit at Rs 520 crore for the quarter ended June 30, 2020. It had posted a net profit of Rs 359 crore in the previous quarter ended March 31, 2020. Revenue from operations dropped 43% to Rs 4,883.6 crore against Rs 8,567 crore reported in March quarter. EBITDA stood at Rs 910 crore, up 30.5% against Rs 697 crore posted in the previous quarter. The margin advanced to 18.6% in Q1FY21 against 8.1% posted in Q4FY20.
 
Orient Paper: Orient Paper has reported a net loss of Rs 17.43 crore for the quarter ended June 30, 2020. It had posted a net profit of Rs 8 crore in the corresponding quarter last year. Revenue from operations dropped 46.3% to Rs 80.6 crore compared to Rs 150 crore posted last year. There was an EBITDA loss of Rs 16 crore against a profit of Rs 17.65 crore posted last year.
 
Himachal Futuristic Communications Ltd. (HFCL): The fiber optic cable manufacturing company HFCL o Monday reported an 81% year-on-year decline in profit to Rs 21 crore for the quarter ended June 30, 2020. It had posted a net profit of Rs 110 crore in the corresponding quarter last year. Revenue from operations dropped 48% YoY to Rs 700 crore compared to Rs 1,343 crore posted last year in the same quarter.

Gujarat Alkali/GHCL/Chemical Stocks: The government on Monday extended the imposition of anti-dumping duty on caustic soda imported from China and Korea by three months. The anti-dumping duty imposed with respect to China and Korea shall remain in force up to and inclusive of November 17, 2020. The decision was taken on recommendation from directorate General of Trade Remedies (DGTR). 

Public sector Bank/NBFCs/HFCs in Focus: The government on Monday extended the validity of its Partial Credit Guarantee Scheme 2.0 by three months to November 19, 2020. With this, the banks, NBFCs and HFCs will be able to buy commercial papers till them. The investment limit o AA and AA-rated bonds have been increased from 25% to 50%.

Bandhan Bank: The Reserve Bank of India has lifted the restrictions imposed on Bandhan Bank including restrictions from opening new branches of the bank and freezing the remuneration of the Managing Director and CEO of the bank at the existing level.