LTIMindtree, TCS, HUL, ITC, Wipro, Nestle India, UBL and Coforge among top stocks to track today

Stocks to watch: At around 8:18 a.m. on Thursday, October 19, the GIFT Nifty futures traded 24.5 points or 0.13 per cent lower at 19,569 suggesting a weak opening of the market. 

Tracking weak global sentiments, Indian equities ended lower on Wednesday (October 18), dragged by heavyweights, including HDFC Bank and Bajaj twins. The BSE Sensex ended 550 points, or 0.83 per cent, lower at 65,877, while Nifty fell 0.71 per cent, or 140 points, to close at 19,671. Sectorally, the pharma pack led the gains, while PSU banks emerged as the top laggards.

ZeeBiz will take you to the list of stocks that will be on focus on Thursday (October 19).

Results today, October 19: Andhra Cement, Aarti Drugs, Mphasis, Tata Coffee, Equitas Bank, Hatsun Agro, HFCL, Havells India, HUL, Cyient, and ITC among others, will announce their results for the second quarter (Q2FY24) on Thursday.

Wipro: Wipro on Wednesday, October 18, reported a 7.5 per cent quarter-on-quarter (QoQ) drop in its consolidated net profit at Rs 2,667.3 crore for the quarter ended September 30, 2023 (Q2FY24). The company had posted a profit of Rs 2,886 crore in the previous quarter. On a YoY basis; however, the figure grew by 0.68 per cent. READ MORE

LTIMindtree: Shares of the software services firm will gain focus after its Q2 numbers were released on Wednesday. The company posted a consolidated net profit of Rs 1,162 crore during the quarter under review, marking an over 2 per cent decline year-on-year. The company's net profit in the September quarter of FY23 came in at Rs 1,188 crore.

Bajaj Auto: Shares of the auto major will see traction after the company’s consolidated net profit for the Q2 period increased to Rs 2,020 crore from Rs 1,719 crore during the same period last fiscal.

IIFL Finance: Shares of the NBFC will be on the radar post its September Q2 results, released after market hours on Wednesday.

TCS: Shares of the IT bellwether will trade ex-dividend in respect of its second interim dividend for FY24. The company announced a Rs 9 per share interim dividend last week.

Dabur: Shares of the personal care entity will gain traction after the company in a regulatory filing informed that its subsidiaries are facing litigation in the US and Canada over alleged cancer risks.

Titagarh Rail Systems: Titagarh Rail, a supplier of metro coaches, will be on the radar after its Q2 numbers were released post-market hours on Wednesday. The company’s standalone profit came in at Rs 70.9 crore in the Q2FY24 period versus a net loss of Rs 11.89 during the corresponding period last year.

Oracle Financial Services Software: The software major’s shares will be in focus after its Q2 numbers. The company posted a consolidated net profit of Rs 417 crore during the period under review. The same came in at Rs 398 crore in Q2FY23 and Rs 501 crore in the June quarter.

Bulk deals

Divgi Torqtransfer Systems: Shares of the auto ancillary company will be watched out after a bulk deal in the counter. On October 18, while ICICI Prudential Fund bought a stake in the scrip, Motilal Oswal Mutual Fund pared the stake.

Euro Panel Products: Global hedge fund Aurum SME Trust I through a bulk deal on the NSE bought 2.25 lakh shares in the aluminium and aluminium products company at an average traded price of Rs 159.36.