Here’s a roundup of stocks that are expected to be in focus on November 4:
Stocks with potential positive move:
- InfoEdge: Naukri JobSpeak Index saw a 10% year-on-year increase in October, indicating a strong demand in the job market.
- NCC: The company secured orders worth ₹3,496 crore in October, strengthening its project portfolio.
- Apollo Hospitals: Entered into a definitive agreement to build and operate a 500-bed hospital in Worli, enhancing its healthcare footprint.
- M&M (Mahindra & Mahindra):
- Goldman Sachs added the stock to its conviction list.
- Kotak Securities upgraded M&M from ‘Add’ to ‘Buy’ but reduced the target price to ₹3,150 from ₹3,300.
Stocks with potential negative move:
- Sun Pharma: A U.S. court has halted Sun Pharma from launching its new product, LEQSELVITM, affecting its growth prospects in the U.S. market.
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