Stocks to watch: At around 8:08 a.m. on Tuesday, October 10, the GIFT Nifty futures traded 90 points, or 0.46 per cent, higher at 19,612, suggesting a flat-to-positive start to trading on Dalal Street.

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The equity benchmark index Sensex tumbled nearly 500 points on Monday as investors offloaded finance, banking, and energy stocks amid escalating tensions in the Middle East and surging crude oil prices overseas.

The 30-share BSE Sensex fell 483.24 points, or 0.73 per cent, to settle at 65,512.39. The Nifty declined 141.15 points, or 0.72 per cent, to end at 19,512.35.

Amid a decline in markets, ZeeBiz takes you through a list of stocks that can be in the limelight on Tuesday (October 10).

Oil stocks: Oil-linked stocks will continue to hog the limelight amid the ongoing tensions in the Middle East. In the previous session, upstream companies such as Oil India and ONGC gained, while OMCs, tyre, and paint stocks slipped.

Dr. Reddy's Laboratories: The company's subsidiary, Dr. Reddy’s Laboratories, Inc. along with several other pharmaceutical companies, was named as a defendant in a complaint filed on October 6, 2023, in the United States District Court for the Northern District of California. The complaint was filed by Mayo Clinic and Lifepoint Corporate Services, alleging that the defendants improperly restrained competition and maintained a shared monopoly in the sale of brand and generic Revlimid through their respective settlements of patent litigation. The complaint seeks damages for purported overpayments and equitable relief.

Brokerage house Macquarie has maintained an  'outperform' rating on the stock and has given a target price of Rs 6,300 apiece. 

Realty stocks: ANAROCK said in a report on Monday that it had found that the National Capital Region (NCR), the Mumbai Metropolitan Region (MM), Bengaluru, Pune, Hyderabad, Chennai, and Kolkata saw the launch of about 31,180 luxury projects in the July-September period, which is 27 per cent of the total 1,16,220 real estate projects during this period.

Amid such a report, stocks such as DLF, Macrotech Devs, Godrej Properties, and Oberoi Realty will be in focus during trading hours.

Escorts Kubota: Brokerage firm DAM Capital has raised its target on the stock from Rs 3,100 to Rs 5,100 apiece. This is the biggest target to date for Escorts Kubota.

Hero MotoCorp: On a day when it was reported that the Delhi Police had registered an FIR against Hero MotoCorp chairman Pawan Munjal, BSE on Monday sought clarification from the automaker regarding the same news.

The company's shares were down 2.50 per cent at close on Monday.

GM Breweries: GM Breweries will announce its quarterly results on Tuesday. The company's shares hit a 52-week high of Rs 805.30 each on Monday. The stock closed higher by 1.48 per cent, or Rs 11.55, at Rs 792.50.

Dhampur Bio Organics: Dhampur Bio Organics said on Monday that it had decided to keep on hold the installation of the Greenfield distillery at Unit Meerganj.

"The project was expected to be operational by July 2025, as approved in the last board meeting held on July 25, 2023, the company said in its filing. On Monday, the company also announced its unaudited (standalone and consolidated) financial results for the quarter and half-year ended September 30, 2023.

Dhanuka Agritech: Dhanuka Agritech launched an insecticide product called Semacia on Monday.

The company said that Semacia is a broad-spectrum insecticide with excellent efficacy against lepidopteran insect pests on a range of crops.

Insecticides can be used with the combination of chloratranilprole (10%) on a range of crops. It has lambdacyhalothrin (5%) ZC. The product is for the domestic market. 

IDFC First Bank: 33.24 crore shares of the company will be listed, which were allotted to qualified institutional buyers (QIB).

KPI Green Energy: The company in its September quarter (Q2FY24) recorded a revenue of Rs 215 crore against Rs 159.7 crore year-on-year (YoY), up 35 per cent.  The profit after tax (PAT) stood at Rs 35 crore against Rs 21 crore a year ago, up 67 per cent. 

Container Corporation of India (CONCOR): The company's total volumes grew 7.59 per cent in Q2 YoY to 1.23 M Twenty Foot Equivalent Units (TEUs). Domestic volumes grew 26.13 per cent (YoY)

Phoenix Mills Ltd: The company's total consumption was up 20 per cent to Rs 2,637 crore YoY in Q2 FY24. The retail collections were recorded at Rs 638 crore in Q2 FY24, up 23 per cent YoY.

Keystone Realtors Ltd: The company recorded pre-sales of Rs 306 crore for Q2 FY24 and added one more project with an estimated GDV of Rs 115 crore.

SCI: The Chief Managing Director of Shipping Corporation of India, in an exclusive conversation with Zee Business, said SCI disinvestment is in process and the government aims to complete the process in FY24. Also, talks about the listing of SCILAL (SCI Lal) are ongoing.

Tata Steel: Fitch Ratings has upgraded India-based Tata Steel Limited's (TSL) Issuer Default Rating (IDR) to 'BBB-', from 'BB+'. The outlook is stable.

Zomato: Swiggy delivery partners are on strike in Mumbai, and Instamart is closed. The strike started due to low payments and an expansion in the delivery scope.

Emami and Dabur: The Consumer Affairs Ministry took cognisance of a Zee Business report. A letter will be written to drug and food regulators seeking clarification from oil-producing companies about reviewing standards, product methods, and quantity of camphor. Cold oil advertisements will also be reviewed.

Genus Power Infrastructures Ltd: The company's subsidiary got an order worth Rs 3,115 crore.

G R Infraprojects Ltd/Patel Engineering: GR Infraprojects Ltd has executed a contract agreement with NHPC Ltd for the Dibang power consortium, a joint venture between GR Infraprojects Ltd and Patel Engineering Ltd. The consortium is signed for civil work worth Rs 3,637 crore. 

Bhageria Industries Ltd: The company won a solar engineering, procurement, and construction project order worth Rs 104.49 crore in Bahrain.

Dilip Buildcon Ltd: Order of Rs 396.93 crore received from Rajasthan Government.

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