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Stocks To Watch: Reliance Industries, Adani Enterprises, Bharti Airtel, Vodafone Idea, Eicher Motors

Here are the stocks to watch before going into trade today

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Stocks in Asia retreated Tuesday amid rising US-China tension over Taiwan and worries about a global economic slowdown.

Shares dropped in Japan, South Korea and Australia after S&P 500 and Nasdaq 100 futures fell after July’s global stock market rebound stumbled into August.

US House Speaker Nancy Pelosi is expected to visit Taiwan on Tuesday. She would become the highest-ranking American politician to visit the island in 25 years.

At 7:00 am, the Singapore-traded SGX Nifty -- an early barometer of India's benchmark Nifty 50 -- traded 0.20% higher at 17,200 points.

Stocks To Watch

  • Reliance Industries: Reliance Jio Infocomm was the biggest buyer in the spectrum auction concluded on August 1. It bought 24,740 MHz for Rs 88,078 crore.

  • Adani Enterprises: Adani Data Networks bought 400 MHz for Rs 212 crore.

  • Bharti Airtel: The company bought 19,867 MHz for Rs 43,084 crore.

  • Vodafone Idea: The company bought 6,228 MHz for Rs 18,799 crore.

  • Eicher Motors: Total sales of motorcycles in July rose 26% YoY to 55,555 units.

  • Hero MotoCorp: Total sales in July fell 2% YoY to 445,580 units.

  • TVS Motor: Total sales in July rose 13% YoY to 314,639 units

  • United Spirits: The company has sought shareholders’ approval for a transaction with Inbrew Beverages involving a slump sale of the entire business undertaking associated with 32 brands and grant of franchise in relation to 11 other brands for five years.

  • REC: The company will consider proposal for fund-raising through private placement on August 4.

  • Maruti Suzuki: The company total production in July rose 8.3% YoY to 184,890 units.

  • Coal India: Total production rose 24.3% YoY to 207.1 MT from April-June.

  • NMDC: Total production of iron ore for July fell 33% YoY to 2.05 MT and sales fell 10.3% to 2.95 MT.

Earnings: Adani Green, Godrej Properties, Deepak Nitrite, Indus Towers, Brigade Enterprises, Bosch, Bank of India, Voltas, Tube Investments of India, Thermax, Transport Corporation of India, Siemens, Data Patterns, Gateway Distriparks, Dodla Dairy, Moil, Lemon Tree Hotels, Jubilant Pharmova, JM Financial, ION Exchange, Navneet Education, Vaibhav Global, Star Cement, Sheela Foam, Schneider Electric, Saregama India, Paradeep Phosphates

Earnings Post Market Hours

Zomato Q1 FY23 (Consolidated, QoQ)

  • Revenue up 17% at Rs 1,413.9 crore Vs Rs 1,211.8 crore (Bloomberg estimate: Rs 1,403.1 crore)

  • EBITDA loss fell 32% at 307.30 crore Vs Rs 449.7 crore (Bloomberg estimate: Rs 411.6 crore loss)

  • EBITDA margin -22% Vs -37%

  • Net loss fell 48% at Rs 185.7 crore Vs Rs 359.7 crore (Bloomberg estimate: Rs 262.4 crore loss)

ITC Q1 FY23 (Consolidated, QoQ)

  • Revenue up 12% at Rs 19,831.3 crore Vs Rs 17,754.02 crore (Bloomberg estimate: Rs 11,760.7 crore)

  • EBITDA up 9% to Rs 6,077.16 crore Vs Rs 5,599.4 crore (Bloomberg estimate: Rs 5302.2 crore)

  • Margins at 30.6% Vs 31.5%

  • Net profit up 5% to Rs 4,389.76 crore Vs Rs 4,195.69 crore (Bloomberg estimate: Rs 3,974 crore)

Castrol Q1 FY23 (Consolidated, QoQ)

  • Revenue up 0.5% at Rs 1,241.71 crore Vs Rs 1,235.7 crore

  • EBITDA fell 10% at Rs 286.12 crore Vs Rs 317.2 crore

  • EBITDA margin 23% Vs 26%

  • Net profit fell 10% at Rs 206.26 crore Vs Rs 228.4 crore

Kansai Nerolac Paints Q1 FY23 (Consolidated, QoQ)

  • Revenue up 33.5% at Rs 2,051.37 crore Vs Rs 1,536.6 crore

  • EBITDA up 3x at Rs 255.04 crore Vs Rs 83.92 crore

  • EBITDA margin 12.5% Vs 5.5%

  • Net profit up 8x at Rs 152.05 crore Vs Rs 19.17 crore

Escorts Kubota Q1 FY23 (Consolidated, QoQ)

  • Revenue up 8% at Rs 2,032.06 crore Vs Rs 1,886.64 crore

  • EBITDA fell 18% at Rs 203.61 crore Vs Rs 248.15 crore

  • EBITDA margin 10% Vs 13%

  • Net profit fell 26% at Rs 140.64 crore Vs Rs 190.92 crore

Max Financial Services Q1 FY23 (Consolidated, QoQ)

  • Revenue fell 64% at Rs 3,271.69 crore Vs Rs 8,959.65 crore

  • EBITDA fell 46% at Rs 86.75 crore Vs Rs 160.76 crore

  • EBITDA margin 2.6% Vs 1.8%

  • Net profit fell 52% at Rs 56.36 crore Vs Rs 117.38 crore

Thyrocare Technologies Q1 FY23 (Consolidated, QoQ)

  • Revenue fell 2% at Rs 127.79 crore Vs Rs 130.56 crore

  • EBITDA fell 4% at Rs 35.92 crore Vs Rs 37.59 crore

  • EBITDA margin 28.1% Vs 28.8%

  • Net profit up 2% at Rs 21.73 crore Vs Rs 21.24 crore

Pledge Share Details

  • Swan Energy: Promoter Group Dave Impex created a pledge of 50.18 lakh shares on August 1.

  • Emami: Promoter Group Sneha Enclave created a pledge of 7 lakh shares on July 28.

Bulk Deals

  • Mastek: Small Cap World Fund bought 5.54 lakh (1.84%) shares and Ashish Kacholia sold 5.55 lakh (1.82%) shares at Rs 2,110 apiece

  • West Coast Paper Mills: Navoday Enterprises bought 5 lakh (0.75%) shares and SPV Traders bought 3.5 lakh (0.54%) shares at Rs 475 and Rs 476 apiece respectively.

  • Agarwal Industrial Corporation: Ashish Ramachandra Kacholia bought 3.7 lakh (2.7%) shares at Rs 505 apiece.

Who’s Meeting Whom

  • SJS Enterprises: To meet investors and analysts on August 5

  • Valiant Organics: To meet investors and analysts on August 8

  • JK Paper: To meet investors and analysts on August 2

  • Sansera Engineering: To meet investors and analysts on August 8

  • Navneet Education: To meet investors and analysts on August 3

  • Page Industries: To meet investors and analysts on August 11

  • Psp Projects: To meet investors and analysts on August 10

  • Gravita India: To meet investors and analysts on August 3

  • Balrampur Chini Mills: To meet investors and analysts on August 5

  • Granules India: To meet investors and analysts on August 10

  • Petronet LNG: To meet investors and analysts on August 5

  • Acrysil: To meet investors and analysts on August 8

  • Nirlon: To meet investors and analysts on August 10

  • Spandana Sphoorty Financial: To meet investors and analysts on August 4

  • Eris Lifesciences: To meet investors and analysts on August 5

  • TD Power Systems: To meet investors and analysts on August 10

  • Birlasoft: To meet investors and analysts on August 3

  • Ge T&D India: To meet investors and analysts on August 3

  • Star Cement: To meet investors and analysts on August 3

  • Thomas Cook (India): To meet investors and analysts on August 8

  • Firstsource Solutions: To meet investors and analysts on August 3

  • Glenmark Pharmaceuticals: To meet investors and analysts on August 12

  • MAS Financial Services: To meet investors and analysts on August 4

  • Mahanagar Gas: To meet investors and analysts on August 8

  • Welspun Corp: To meet investors and analysts on August 5

  • Vedanta: To meet investors and analysts on August 2 and August 4

  • Container Corporation of India: To meet investors and analysts on August 5

  • Devyani International: To meet investors and analysts on August 3

  • Max Healthcare Institute: To meet investors and analysts on August 11

  • Hindalco Industries: To meet investors and analysts on August 3

  • Torrent Pharmaceuticals: To meet investors and analysts on August 2 to August 4

  • Mahindra & Mahindra: To meet investors and analysts on August 2 to August 5

  • Sequent Scientific: To meet investors and analysts on August 2 to August 9

  • Lumax Industries: To meet investors and analysts on August 16

  • IIFL Wealth Management: To meet investors and analysts on August 11

AGMs today

  • Aurobindo Pharma

  • Brigade Enterprises

  • Godrej Properties

  • Tata Metalik

  • Thermax

  • Vaibhav Global

  • Tube Investments of India

Trading Tweaks

  • Ex-Date Dividend: KCP, Cholamandalam Financial Holdings, DLF, IG Petrochemicals, Ramco Cements

  • Ex-Date Final Dividend: Abbott India, Anand Rathi Wealth, Cummins India, J K Cement, KCP, Kirloskar Brothers, Magellanic Cloud, Ramco Industries, S H Kelkar And Company, United Breweries, UltraTech Cement

  • Ex-Date Special Dividend: Abbott India

  • Ex-Date Annual General Meeting: KCP

  • Record-Date Dividend: Nava Bharat Ventures, GAIL (India), Bharti Airtel, Sudarshan Chemical Industries

  • Record-Date Final Dividend: Sudarshan Chemical Industries, Paushak, Nava Bharat Ventures

  • Record-Date Interim Dividend: IIFL Wealth Management

  • Record-Date Income Distribution: POWERGRID Infrastructure Investment Trust