Indian equity markets ended lower on Thursday, weighed down by losses in IT stocks and cautious investor sentiment ahead of the US-India trade talks. Additional pressure came from continued foreign fund outflows and below-par corporate earnings.
On Friday, several companies are likely to remain in focus due to quarterly results and corporate developments:
Stocks to Watch – July 18
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Afcons Infrastructure: Wins two Croatian road construction projects.
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Godrej Properties: Buys 48-acre land in Doddaballapur, Bengaluru.
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Indostar: Sells Niwas Housing Finance for ₹1,705.95 crore.
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EMS: Bags ₹19.46 crore electrical works order; gets project approval worth ₹194.6 million.
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Bharat Forge: JV formed in Spain via Kalyani Strategic Systems.
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Inox Wind: Plans ₹1,250 crore rights issue.
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NTPC Green: Govt clears ₹20,000 crore investment limit.
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Dodla Dairy: Acquires HR Food Processing to expand East India presence.
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One 97 Communications: Registers Paytm Company in Saudi Arabia.
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Euro Asia Exports: Gets LoI from CYGR (France) to make drone modules.
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Lupin: Dabhasa API plant gets TGA Australia GMP nod.
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HAL: Receives wing assemblies for LCA Mk1A from L&T.
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Nuvoco: Q1 profit jumps to ₹133 crore from ₹2.8 crore YoY.
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Sunteck Realty: Q1 profit at ₹33.4 crore vs ₹22.8 crore YoY.
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Sterling & Wilson: Profit at ₹38.69 crore vs ₹4.83 crore YoY.
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M&M: To subscribe fully to MLL rights issue at ₹277/share.
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Wipro: Q1 profit at ₹3,330 crore; beats estimates slightly.
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Axis Bank: Q1 profit below estimates; slippages rise to ₹8,200 crore.
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Clean Science: Q1 profit at ₹70.06 crore; revenue at ₹242 crore.
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LTIMindtree: Reports improved YoY earnings.
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Jio Financial: Profit at ₹325 crore; revenue grows to ₹612 crore.
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Indian Hotels: Profit rises to ₹296.4 crore; revenue at ₹2,041.8 crore.
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Tata Communications: Profit falls to ₹190 crore; revenue improves.
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Shoppers Stop: Narrows loss to ₹15.74 crore.
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CEAT: Profit drops to ₹112 crore YoY; revenue up.
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G M Polyplast: Reappoints Sarita Sharma as Whole-time Director.
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Vadilal: CFO Sonali Parab resigns.
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Emami: Invests in Cannis Lupus Services via OCDs.
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Elpro International: Buys shares in Arvind Fashions.
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Escorts Kubota: Gets GST notice over ₹7.48 crore refund.
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Asian Energy: VP Gyanendra Singh resigns.
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Adani Enterprises: Wilmar shares released from encumbrance.
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Adani Ports: Moody’s reaffirms Baa3 rating; outlook unchanged.
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Veranda Learning: Opens QIP; floor price set at ₹236.92/share.
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Alok Industries: Q1 loss widens to ₹176.5 crore; revenue dips.
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