 "Markets, Stocks, BSE, NSE, Trade")
Q2 earnings, global markets, movement of the rupee, crude oil prices and macroeconomic data are among the key factors that will drive market direction on Monday.
Here's a list of top stocks that may hog the limelight in today's session -
Jet Airways: According to a Business Standard report, the Naresh Goyal-controlled Jet Airways at its board meeting on Monday is likely to consider multiple fundraising options to turn around the airline amid a tough operating environment and cash crunch.
Titan Company: Titan Company on Friday reported an 8.34 per cent rise in consolidated net profit at Rs 301.11 crore for the quarter ended September 30, 2018, dragged by provisions made for its corporate deposits in the IL&FS group. Total income during the quarter under review stood at Rs 4,595.13 crore. It was Rs 3,603.01 crore in the corresponding period last fiscal.
Usha Martin: Shareholders of Usha Martin have approved the sale of the company's steel business to Tata Steel as a going concern on a slump sale basis. According to the company, the sale of its steel business to Tata Steel will help the company significantly reduce its debt.
Usha Martin: Shareholders of Usha Martin have approved the sale of the company's steel business to Tata Steel as a going concern on a slump sale basis. According to the company, the sale of its steel business to Tata Steel will help the company significantly reduce its debt.
Key earnings to watch out for
Among key results, Coal India, Britannia, Aurobindo Pharma, Eicher Motors and Shree Cement are likely to announce their September quarter results later in the day.
Amara Raja Batteries: According to news reports, the company is all set to invest Rs 5.4 billion for the deployment of advanced stamped-grid technology. This will allow the company to offer high-performance batteries to meet its customers' present and future needs.
Biocon: Shares of the company are likely to remain in focus as the US health regulator FDA has completed inspection at the company's manufacturing unit in Bengaluru with no observation.
Sadbhav Infra: According to a report by the Economic Times, the company has raised Rs 600 crore from the Piramal Group for road projects.
India Cements: The company is reportedly planning to set up a new cement manufacturing facility in Madhya Pradesh. With this, the company is expecting a better capacity utilisation from the next financial year and is all set to Rs 1000 crore for the same, according to ACE Equity.
Premier Explosives: The company has received Arms License from Arms License Issuance Authority, Department of Industrial Policy and Promotion (DIPP) for manufacture of Medium calibre Ammunition (20mm to 57mm), Large calibre Ammunition (APFSDS and BMCS), Sub-assemblies for ammunition, Single base/Double base/Triple base / Multi base propellants and RDX & HMX and compounds thereof at the company's Greenfield Katepally plant.
