Stocks in Focus on October 13: Wipro, SRF, Federal-Mogul, ADF Foods to Shalby; here are the 5 Newsmakers of the Day

Equity benchmarks on Monday, October 12, 2020, extended gains for the eighth session in a row but added marginally amid positive global cues. The S&P BSE Sensex gained 84 points or 0.21 per cent to settle at 40,594. The NSE Nifty-50 index also jumped 17 points or 0.14 per cent to settle at 11,931. But certain stocks came in news after the market was closed. These stocks can impact the indices when it reopens on Tuesday, October 13, 2020. List of such five stocks:

WIPRO Ltd: The board of directors of the information technology company Wipro is scheduled to meet today to consider and approve Q2FY21 results and the proposal of buyback of equity shares of the Company. 

SRF Limited: The Company has launched a Rs 750 crore Qualified Institutional Placement (QIP). The floor price for the issue has been fixed at Rs 4,168.73 per share (a discount of 4.5 per cent from the current market price of Rs 4368.85). The Company may offer a discount of not more than 5% on the floor price so calculated for the Issue.

Federal-Mogul Goetze (India) (OFS Update): The OFS for 1.21 crore shares (about 21.83% equity) of Federal-Mogul will open today for retail investors. The non-retail quota has seen a sluggish response yesterday and saw subscription of just 4.47 per cent. The floor price for the OFS has been fixed at Rs 342 per share. Promoter's stake will be reduced from 96.82 per cent to 74.99 per cent through OFS. 

ADF Foods: Ace investor Ashish Kacholia has acquired 1.14 per cent equity stake in ADF Foods in September quarter. ADF Foods houses a traditional ethnic Indian, spicy Mexican and exotic Mediterranean foods. Besides, he also increased his stakes in DFM Foods, the snack foods manufacturer, to 2.84 per cent in the September quarter, from 2 per cent in the June quarter.

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Shalby Ltd: The hospital chain Shalby on Monday reported an 84 per cent year-on-year (YoY) growth in standalone profit at Rs 24.2 crore for the quarter ended September 30, 2020. It had reported a net profit of Rs 13 crore in the same quarter last year. Revenue from operations dropped 13.5 per cent YoY to Rs 109 crore in September quarter this year compared to Rs 126 crore posted in September quarter of the previous fiscal. EBITDA stood at Rs 28.8 crore, up 3.5 per cent from Rs 28 crore posted last year. The margin grew by 26.4 per cent in Q2FY21 against 22 per cent posted in Q2FY20. Besides on a quarter-on-quarter basis, the bed occupancy rate improved to 41 per cent in Q2FY21 against 17 per cent reported in Q1FY21.