homemarket Newsstocks NewsTop stocks to watch out for on July 20: Wipro, Bajaj Auto, HDFC life, IT, OMC shares in focus today
Top stocks to watch out for on July 20: Wipro, Bajaj Auto, HDFC life, IT, OMC shares in focus today
Here is a list of top stocks to watch out for on July 20
The market is likely to remain in check over weak global cues and as the Narendra Modi government faces a no-trust vote on Friday. The Sensex closed at 36,351.23, down 22.21 points on Thursday, while the NSE Nifty 50 too ended 23.35 points lower at 10,957.10.
Here is the list of top stocks to watch out for:
June quarter results: Wipro, Bajaj Auto, HDFC Standard Life insurance, L&T Finance Holdings, Bajaj Holding, Bata India, Ceat, Havells India, Just Dial, Kansai Nerolac, Hathway Cable, Atul, MCX, Nelco, Sanwaria Consumer, Zee Media Corporation, will declare their first quarter earnings report.
IT, OMC stocks: The rupee hit a new closing low of 69.05 per dollar, posting the biggest single session loss against the greenback since May 29. A higher rupee lifted IT stocks, while adversely affecting the stocks of oil marketing companies.
Bajaj Finserv: The consumer finance company reported 41 percent rise in consolidated profit in June quarter, which rose to Rs 825 crore. The revenue increased 39 percent at Rs 3,943.6 crore versus Rs 2,839 crore a year before.
Consumer, dairy, logistics stocks: Millions of truckers from across the country are set to go on an indefinite strike from today, demanding a slew of actions from government, including lowering diesel prices and toll fees, PTI reported.
Hatsun Agro: The company has proposed to set up a dairy manufacturing plant in Maharashtra. It also reported Q1 earnings with profit rising to Rs 37.85 crore and a revenue increase to Rs 1,235.67 crore versus Rs 1,168.73 crore (YoY).
Aditya Birla Money: Q1 profit rose to Rs 2.02 crore versus Rs 1.27 crore; revenue increased Rs 42.14 crore versus Rs 35.90 crore (YoY).
JSW Steel: NCLT approved JSW Steel-AION's resolution plan for Monnet Ispat with some modifications.
ABB India: Q2 profit rose 35.8 percent at Rs 102.1 crore versus Rs 75.1 crore; revenue increased 21.5 percent at Rs 2,713 crore versus Rs 2,233 crore (YoY).
Hindalco: The aluminium and copper manufacturing company said no proposal to acquire Aleris has been considered by the board.
Aurobindo Pharma: The pharma company got the US FDA nod for Gastro-intestinal Drug, Ranitidine Capsule (150-300 mg).
First Published: Jul 20, 2018 8:25 AM IST
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