Stocks to watch: DLF, L&T, Balkrishna Industries among top stocks to watch on Tuesday
Stocks to watch: Adani Total Gas, Aether Industries, Ajanta Pharma, Amara Raja Batteries, Bharti Airtel, Care Ratings, CE Info Systems, DCB Bank, Dhampur Sugar, GAIL, Go Fashion, IOC, JSW Holdings, Birlasoft, and L&T, among others, will declare their quarterly results today.
Stocks to watch: At around 8:07 a.m. on Tuesday, October 31, the GIFT Nifty futures traded 10.5 points, or 0.05 per cent, lower at 19,215, suggesting a flat to negative opening on Dalal Street.
Indian markets ended Monday’s session on a positive note amid strong buying interest in index heavyweight Reliance Industries. Sensex added 330 points to close at 64,112.65, while Nifty advanced 93.65 points to settle at 19,140.
Zee Business will take you to the list of stocks that will be on the radar on Tuesday:
Corporate results today (October 31): Adani Total Gas, Aether Industries, Ajanta Pharma, Amara Raja Batteries, Bharti Airtel, Care Ratings, CE Info Systems, DCB Bank, Dhampur Sugar, GAIL, Go Fashion, IOC, JSW Holdings, Birlasoft, and L&T, among others, will release their quarterly results today.
Titagarh Rail Systems: Shares of the company will be on the radar after the company announced the launch of a second diving support craft for the Indian Navy.
Sterling Tools: Shares of the auto components firm will be watched out after its net profit during the September quarter declined 24.7 per cent year-on-year (YoY).
DLF: Shares of the realty major will gain focus after the company’s Q2 results were posted after market hours on Monday. During the quarter under review, the company’s net profit climbed 30.6 per cent YoY to Rs 622.8 crore.
APL Apollo Tubes: Shares of the iron and steel products company will be tracked after its September quarter results. The company posted an over 35 per cent YoY increase in profit at Rs 203 crore in the Q2FY24 period.
Marico: Shares of the FMCG company will be in focus after it reported a 17.26 per cent increase in its consolidated net profit at Rs 360 crore in the second quarter ended September 2023.
TVS Motor: Shares of the 2-wheeler company will gain traction after the company's net profit came in flat at Rs 386.34 crore for the September-ended quarter, even as its overall sales witnessed a 5 per cent year-on-year rise.
GMR Airport: Shares of the company will be in focus after its quarterly results. The company for the Q2 period posted a loss of Rs 91 crore as against Rs 208 crore in the same quarter last year.
Mangalore Chemicals and Fertilisers: Shares of the fertiliser company will be on the radar after the company reported strong results on all parameters. Revenue at the firm grew 5-fold during the Q2 period to Rs 1410 crore.
Blue Star: Shares of the consumer durables company will gain focus today after the company's Q2 performance. The company during the July–September quarter posted a 19 per cent year-on-year increase in profit.
Spandana Sphoorty Financial: Shares of the microfinance company will gain focus after the company reported strong results during the September quarter with improvements on the asset quality front. NII, or net interest income, at the firm, rose 72.4 per cent.
Tata Motors: Shares of the auto major will be on the radar after an arbitral tribunal has granted compensation of more than Rs 766 crore to Tata Motors in lieu of the losses incurred due to the protest by Trinamool Congress that suspended the company's small car project at Singur, West Bengal.
Petronet LNG: Shares of the gas distribution company may extend their previous losses after the management has clarified the petrochemical project.
Crompton Greaves Consumer: Shares of the household appliances company will gain traction after the public shareholders did not approve the merger of the company with Butterfly Gandhimati Appliances.
Corporate actions:
Stocks like Balkrishna Industries, Dr Agarwal’s Eye Hospital, Elecon Engineering, Sasken Technologies, and Tips Industries will also be on the radar, as these shall trade ex-dividend today.
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