Stocks to watch: Affle (India), ITC, Century Plyboards, insurance counters

At 08:43 am, Nifty futures on the Singapore Exchange (SGX) have been investing 303 details or 2.53 per cent decreased at 11,684 amounts. Here’s a appear at the best shares that may perhaps continue to be in focus today – Earnings today: As quite a few as 76 corporations are […]

At 08:43 am, Nifty futures on the Singapore Exchange (SGX) have been investing 303 details or 2.53 per cent decreased at 11,684 amounts.

Here’s a appear at the best shares that may perhaps continue to be in focus today –

Earnings today: As quite a few as 76 corporations are slated to launch their December quarter final results today. The list features names this kind of as Affle (India), Borosil, Century Plyboards, and Hawkins Cookers.

ITC, other cigarette firms: Shares of ITC and other cigarette and tobacco firms are envisioned to trade actively as the government proposed to boost excise obligation on tobacco in the Union Budget.

Lifestyle insurance firms: The daily life insurance sector felt an unprecedented jolt when the Union Budget launched the new optional regime for personal profits tax, which even though lowering costs can take absent most deductions and exemptions which men and women could avail for subscribing to insurance solutions.

Oil-connected shares this kind of as OMCs, paint, tyre and aviation may perhaps continue to be in focus as crude oil prices extended drop on Monday, dragged down by worries about decreased demand in the world’s premier oil importer China subsequent the coronavirus breakout.

M&M: Mahindra and Mahindra (M&M) on Saturday noted a 4 per cent boost in tractor income at 23,116 models in January. The organization had marketed 22,212 tractors in the similar thirty day period previous yr.

Tata Motors: India’s premier commercial vehicle company Tata Motors Ltd noted an eighteen% yr-on-yr (YoY) tumble in complete domestic income to forty five,242 models in January, as against 54,915 models in the similar thirty day period a yr back.

Coal India: Condition-owned Coal India Ltd (CIL) on Saturday claimed it created 451.fifty two million tonnes of coal in April-January period of the ongoing fiscal, a drop of 3.8 per cent. The organization had created 469.sixty five million tonnes (MT) of coal in the yr-back period, CIL claimed in a filing to the BSE.

PVR: CRISIL has upgraded its rating on the non-convertible debentures and extended-term bank services of PVR Constrained (PVR) to

‘CRISIL AA/Stable’ from ‘CRISIL AA-/Stable’.


HCL Tech: IT big HCL Technologies is hunting to boost the workforce at its Lucknow facility by 50 per cent by the conclusion of next financial yr 2020-21.

ONGC, Oil India: ONGC, IOC and other oil PSUs will devote about Rs 98,521 crore in the coming fiscal setting up April 1 in checking out for oil and gasoline, refineries, petrochemicals and laying pipelines to meet needs of the world’s speediest-increasing energy consuming country.

Cochin Shipyard: The organization has taken 100% stake in an SPV which it shaped along with Hooghly Dock and Port Engineers Constrained for modernisation and renovation of the two dry docks on western bank of the Hooghly river, an official claimed.

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