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Vodafone, Adani Ports, Cipla, SBI, Wipro and more: Top stocks to watch on May 11

SUMMARY

Stocks to watch: Asian equities were under pressure this morning with investors keenly awaiting the release of inflation data from China and the US, while the US market closed higher. Uncertainty over inflation, interest rates and global economic growth continued to weigh on the markets. Meanwhile, the Singapore Exchange-traded Nifty futures fell 0.4 percent to 16,143 as of 7:08 am on Wednesday, indicating a negative opening for Indian benchmark indices. Stocks such as Vodafone Idea, Cipla, State Bank of India, Wipro, Torrent Power, Adani Ports and Special Economic Zone, Punjab National Bank, Gujarat Gas and Mahanagar Gas among others will be closely tracked. Here are top stocks to watch out for in trade today morning -

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By CNBCTV18.com May 11, 2022 7:36:36 AM IST (Published)

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Adani Ports and Special Economic Zone, Balaji Amines, Birla Corporation, Indian Bank, Mangalore Refinery and Petrochemicals, NCC, Punjab National Bank, Relaxo Footwears, share price, results, stock market india,top stocks, stocks to watch
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Adani Ports and Special Economic Zone, Balaji Amines, Birla Corporation, Indian Bank, Mangalore Refinery and Petrochemicals, NCC, Punjab National Bank, Relaxo Footwears | These companies will announce their quarterly results later today.

cipla, share price, stock market india, results
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Cipla | The pharmaceutical company reported a 10 percent YoY fall in consolidated profit at Rs 370.7 crore in the quarter ended March 2022 while revenue rose 14 percent to Rs 5,260.33 crore compared to the year-ago period.

vodafone idea, results, share price, stocks, consolidated loss
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Vodafone Idea | The telecom operator posted a consolidated loss of Rs 6,563.1 crore in the quarter ended March 2022. Revenue came in at Rs 10,239.50 crore, up 5.4 percent quarter-on-quarter (QoQ).

Wipro, share price, stock market india, technology, nse, bse, nifty, sensex
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Wipro | The IT company has extended its strategic agreement with Crédit Agricole CIB, the corporate and investment bank division of Crédit Agricole Group, to support its IT infrastructure transformation.

State bank of India, sbi, share price, stock market india, fund raising
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State Bank of India | SBI's board of directors has approved raising up to $2 billion in FY23.

torrent power, share price, stock market india, results, power sector
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Torrent Power | The company posted a consolidated loss of Rs 487.4 crore in the fourth quarter ended March 2022 against a profit of Rs 398 crore in the same period last year. Revenue from operations surged 21 percent year-on-year (YoY) to Rs 3,744 crore.

Gujarat gas, share price, stock market india, results, gas sector, stocks to watch
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Gujarat Gas | The company clocked a near 28 percent YoY growth in consolidated profit at Rs 444.4 crore in the quarter ended March 2022. Revenue rose 36.5 percent to Rs 4,773.4 crore during the same period.

Mahanagar Gas, share price, stock market india, results
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Mahanagar Gas | The gas company's profit for the fourth quarter ended March 2022 came in at Rs 131.8 crore, higher than the estimate. Meanwhile, revenue for the reporting quarter missed expectations at Rs 1,086.8 crore.

Zensar Technologies, share price, technology, sachin zute, cfo, stocks
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Zensar Technologies | Sachin Zute has been appointed as the company's Chief Financial Officer. The company has also reappointed Harsh Mariwala as Independent Director.

Welspun India, share price, results, textile, results, stock market, top stocks
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Welspun India | The company reported a 62 percent YoY fall in consolidated profit at Rs 51.25 crore in the quarter ended March 2022. However, revenue was up 4 percent at Rs 2,227 crore.

Jammu & Kashmir Bank, share price, stock market india, raids
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Jammu & Kashmir Bank | The Central Bureau of Investigation (CBI) on Tuesday conducted searches at multiple locations in Mumbai, Delhi, Jammu and Srinagar - including residences of former bank chairman Haseeb Drabu - in connection with the Bank buying 65,000 sq ft office space in Mumbai in 2010.

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