The markets are likely to bounce back in opening trades on the back of strong corporate earnings and supportive global cues. Thereafter, the stock specific action, economic data and weekend factor could weigh on the sentiment. At 08:30 AM, the SGX Nifty was quoted at 17,973. Meanwhile, here are the top stocks to focus on trade today:
Earnings Today: 3M India, Abbott India, Alembic, Apollo Hospitals, Asian Hotels, Bag Films, Bajaj Electrical, Bharat Forge, BPL, Coal India, Coffee Day, City Union Bank, Deepak Fertilizers, DNA Media, EI H, Electron steel Castings, Eros International Media, Essay Shipping, Excel Industries, Future Consumer, Forts Healthcare, Gabriel, Gammon India, Glen mark Pharma, GMR Infrastructure, Gold stone Technologies, HBL Power Systems, Vodafone Idea, India Glycol, Ingersoll Rand, IVR CL Infra, J&K Bank, JP Associates, Madhucon Projects, Majestic Auto, Mangalam Drugs, Mawana Sugars, Max Healthcare, Mcleod Russel, Mindspace Business Parks, Mirza International, Motherson Sumi, MTNL, Mukta Arts, Nagarjuna Fertilisers, National Aluminium, Nucleus Software, ONGC, Panacea Biotech, Punjab Communications, Purvankarna, Reliance Capital, Religare Enterprises, Ruchi Soya, SAB
TV, Sanghvi Movers, Scooters India, SJ VN, SpiceJet, Sun flag Iron, Suzlon, Thomas Cook, Tide Water, Tilaknagar Industries, Walchandnagar Industries, Warren Tea, ZEE Media and Zenith Exports are some prominent companies scheduled to report earnings today.
VoD Idea: Analysts expect debt-ridden Vodafone Idea to report a sequential growth in ARPU (average revenue per user). The quarterly performance, however, could be marred by subscriber churn, they say.
Tata Steel: The steel producer reported an 8-fold jump in consolidated net profit at Rs 11,918 crore in the September quarter when compared with the corresponding period last year.
NM DC: Reported 3-fold jump in Q2FY22 net profit at Rs 2,329.28 crore from Rs 754.90 crore in Q2FY21. Total income also rises almost 3-fold to Rs 6,882.33 crore from Rs 2,318.25 crore in the same period.
ZEE Entertainment Enterprises: Reported 187 per cent YoY rise in consolidated net profit at Rs 270 crore for the quarter ending September 30, 2021.
Piramal Enterprises: Posted 32 per cent YoY drop in consolidated net profit to Rs 426 crore in the second quarter ended September 2021 (Q2FY22). Total income was down 3 per cent YoY at Rs 3,234 crore.
Adan Group Stocks: Billionaire Gautam Adan on Thursday said his logistics-to-energy conglomerate will invest $70 billion over the next decade to become the world's largest renewable energy company and produce the cheapest hydrogen on the Earth.
Trig Technologies: Q2 net jumped 55.3 per cent YoY to Rs 21.85 crore for the quarter ended September 2021 when compared with the corresponding quarter a year ago. Total income was up 5.7 per cent at Rs 255.53 crore.
Liberty Shoes: Company significantly narrows loss in Q2FY22 to Rs 10.59 lakh, versus a net loss of Rs 1.62 crore in Q2FY21. Total income grew 15.2 per cent to Rs 111.77 crore from Rs 97 crore in the same period.
NDTV: Consolidated net for Q2FY22 declined 39.7 per cent to Rs 12.66 crore when compared with Rs 20.99 crore in Q2FY21. Total income was down 1.6 per cent at Rs 97.98 crore from Rs 99.54 crore.
Adtech: Q2 net zoomed 354 per cent YoY to Rs 7 crore for the quarter ended September 2021 as against Rs 1.54 crore in a year ago period. Total income surged 53.7 per cent to Rs 23.14 crore from Rs 15.06 crore.
Rail tel Corporation of India: Q2FY22 consolidated net soared 134.4 per cent to Rs 67.79 crore from Rs 28.91 crore in Q2FY21. Total income increased 30.3 per cent YoY to Rs 381.09 crore.
PTC India: Reported 3 per cent decline in Q2FY22 net at Rs 112.65 crore from Rs 116.21 crore in Q2FY21. Total income was down 9.2 per cent YoY at Rs 5,124.92 crore.
Stocks in F&O ban: Bank of Baroda, Escorts, India bulls Housing Finance, PNB, SAIL and Sun TV are in F&O ban today.
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