Stocks To Watch: Avenue Supermarts, Cipla, Techno Electric, Bajaj Hindusthan
Stocks to watch before going into trade today.
Stocks advanced in Asia after strong earnings from US retailers aid uptick in Wall Street.
Japanese benchmark jumped about 1%. S&P 500 and Nasdaq 100 futures were volatile after US equities swung to gains on Tuesday, aided by Walmart Inc. and Home Depot Inc.
At 6:32 am, the Singapore-traded SGX Nifty -- an early barometer of India's benchmark Nifty 50 -- traded 0.12% higher at 17,877.5 points.
Oil stabilized but hovered around six-month low, while bitcoin and gold saw fluctuations.
Stocks To Watch
Cipla: The company appointed Ashish Adukia as the Global Chief Financial Officer with effect from Aug. 16.
Indico: The company will acquire 26% stake in Jalansar Wind Energy Private Limited, for setting up Solar Power Plant at Akkalkot, Solapur District, Maharashtra.
Techno Electric & Engineering: The company has received orders worth Rs 1,455 crore from Rajasthan Rajya Vidyut Utpadan Nigam.
Bajaj Hindusthan Sugar: State Bank of India has initiated Insolvency Resolution Process of Bajaj Hindusthan Sugar before the National Company Law Tribunal, Allahabad Bench.
Pledge Share Details
Centrum Capital: Promoter Group Business Match Services (India) created a pledge of 4.88 crore shares on August 10.
Emami: Promoter Sneha Enclave created a pledge of 50,000 shares on August 12.
Insider Trades
Maharashtra Seamless: Promoter Group Sudha Apparels bought 18,000 shares and Promoter Saket Jindal bought 5,300 shares on August 10.
Nirlon: Promoter Shital trading & interiors sold 11,000 shares on August 12.
Apcotex Industries: Promoter Group Rita Ashok Parekh bought 2,650 shares on August 12.
Sanghi Industries: Promoter Group Flarezeal Solutions bought 40 lakh shares on August 12.
Geojit Financial Services: Promoter BNP Paribas SA sold 2.85 lakh shares between August 10 and August 11.
Sasken Technologies: Promoter Group Arti Rajiv Mody bought 20,000 shares on August 12.
Solara Active Pharma Sciences: Promoter Group Devicam Capital LLP 1,499 shares between August 10 and August 11.
Bulk Deals
Gujarat Alkalies & Chemicals: Meridan Chem Bond bought 5.35 lakh shares (0.72%) at Rs 831.28 apiece.
HDFC Asset Management Company: ABRDN Investment Management sold 1.19 crore shares (5.57%) at Rs 1,935.63 apiece.
Max Healthcare Institute: Smaller Cap World Fund bought 2.65 crore shares (2.73%) at Rs 353 apiece. Government of Singapore bought 5.19 crore shares (5.35%) at Rs 353 apiece. Monetary Authority of Singapore bought 1.05 crore shares (1.08%) at Rs 353 apiece. Kayak Investments Holding sold 26.01 crore shares (26.83%) at Rs 353 apiece. BNP Paribas Arbitrage bought 1.06 crore shares (1.09%) at Rs 353 apiece.
Who’s Meeting Whom
Jupiter Wagons: To meet investors and analysts on August 17.
Insecticides India: To meet investors and analysts on August 17.
Persistent Systems: To meet investors and analysts on August 19.
Titagarh Wagons: To meet investors and analysts on August 17.
INOX Leisure: To meet investors and analysts on August 18 and August 19.
ITC: To meet investors and analysts on August 17.
Carborundum Universal: To meet investors and analysts on August 19.
Grasim Industries: To meet investors and analysts on August 17 and August 18.
Nuvoco Vistas Corporation: To meet investors and analysts on August 17.
Yasho Industries: To meet investors and analysts on August 18.
Indigo Paints: To meet investors and analysts on August 18 and August 19.
Adani Enterprises: To meet investors and analysts on August 17 and August 18.
Crisil: To meet investors and analysts on August 18.
Navkar Corporation: To meet investors and analysts on August 17.
KPI Green Energy: To meet investors and analysts on August 17.
AGMs today
Avenue Supermarts
Honeywell Automation India
JK Lakshmi Cement
Metropolis Healthcare
Rupa & Company
Ultratech Cement
West Coast Paper Mills