HDFC Bank, ICICI Pru, Pidilite, Havells, Coforge, other stocks to follow on Wednesday.
Stocks in News: Home equity benchmarks Nifty 50 and Sensex ended the session mostly volatile with around 1.5% each amid broad sell-off on Tuesday. The Sensex lost 1,235.1 points to end at 75,838.4 while the Nifty 50 shed 320.1 points at 23,024.7, with financials, energy, auto and IT stocks leading the fall.
As market participants await the next session on Dalal Street, here are a few stocks to track on January 22.
Business Benefits
About 50 companies are scheduled to report their financial results on Wednesday, including HDFC Bank, BPCL, Pidilite, Coforge, Persistent Systems, Tata Communications and Polycab.
| 20 MICRON | COMFINTE | JAGSNPHARM | PIDILITIND | TATACOMM |
| ACCELYA | ELECON | JAMSHRI | POLYCAB | MUSIC TIPS |
| ADROITINFO | GOD | KEYCORP | QUESTCAP | TLL |
| ALL DIGI | GRAVITY | KISAN | RGCORP | TRIVENIGQ |
| BHARAT | HDFCBANK | KMGMILK | RSSOFTWARE | EL |
| YOU ARE SUCCESSFUL | HERITGFOOD | LXCHEM | RTNPOWER | VTL |
| BPCL | HINDUNILVR | MONOT | SHRAAITECH | WENDT |
| CIGNITITEC | HUDO | NIITMTS | SPENTEX | YAMNINV |
| COFOGE | IIRM | NUVOCO | STEL | ZENSARTECH |
| COMFINCAP | INDOSOLAR | FINISH | TAKE | ZNILKENG |
Many companies reported their quarterly numbers on Tuesday, including ICICI Pru, Tata Tech, PNB Housing Finance, IndiaMART, Dalmia Bharat, KEI Industries, and UCO Bank.
Corporate Action
Shares of Havells India and Bhansali Engineering Polymers are expected to trade on an Ex-dividend basis during the opening bell on Wednesday.
Kaynes Tech
The company’s board is expected to meet on Wednesday to consider the fundraising plan.
Neuland Laboratories
The company’s board has approved a capex plan worth Rs 342 crore.
Home Finance First
The board of the NBFC is expected to meet on January 28 to discuss the plan to raise funds through the QIP route and the company’s quarterly results.
Rating of the company RailTel Corporation
The company has bagged an order worth Rs 46.8 crore from Northwestern Railway.
MSTC
FSNL subsidiary MSTC’s strategic divestment was successfully completed on Tuesday with the transfer of 100 percent shares of parent FSNL to Konoike Transport and management control.
With this development, a new board, headed by a strategic partner, manages FSNL.
Nazareth Tech
The name of prominent investor Madhusudan Murlidhar Kela appeared among the shareholders of the company with 1.28% shares in Q3.
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