Indian equity benchmarks on Wednesday ended higher for the fifth day in a row. The S&P BSE Sensex Index ended 0.98 percent higher at 36,975.23 and the NSE Nifty 50 Index ended at 11,062.45, up 1.17 percent. The broader market index, the NSE Nifty 500 ended 0.94 percent higher. The 31-share index gained over 1,350 points in five trading sessions and the 50-stock index ended above 11,000 for the first time since Oct. 1, 2018.

Here Are The Stocks To Watch Out For In Trade Today

• GAIL offloaded pipeline laying contract of Bokaro-Durgapur Section from IL&FS due to poor project progress. The contract has been retendered and awarded to three contractors.
• Andhra Bank reduced its base rate and BMPLR by 5 basis points with effect from February. Base rate is now at 9.5 percent and BMPLR is at 13.9 percent.
• Jubilant Group said that all three listed companies will not pay brand royalty to promoter company Jubilant Enpro. They state that the decision for payment of brand royalty was taken to protect, maintain, promote and enhance the corporate brand name ‘Jubilant’ which is owned by Jubilant Enpro.
• DHFL: American based Prudential Financial said it will seek local partner for India life insurance venture. The company will also work and facilitate stake sale in DHFL in DHFL Pramerica.
• Seamec withdrew from demerger of EPC and Vessel Division of HAL Offshore into the company citing that intended synergies on which the demerger was planned have been diluted. The company also stated that it will move this application to NCLT.

Nifty Earnings To Watch

• Grasim Industries
• Tata Motors

Other Earnings To Watch

• 20 Microns
• Adani Enterprises
• Adani Green Energy
• Apex Frozen Foods
• Arvind
• Aurobindo Pharma
• Bajaj Electricals
• Balmer Lawrie & Company
• Borosil Glass Works
• Britannia Industries
• Cadila Healthcare
• Coffee Day Enterprises
• Elecon Engineering
• Elgi Rubber
• Endurance Technologies
• Eros International Media
• Esab
• Gammon
• Gillette
• Gravita
• Gujarat Borosil
• Healthcare Global Enterprises
• Hinduja Global Solutions
• Hindustan Construction Company
• IG Petrochemicals
• Indo Tech Transformers
• Ircon International
• JSW Holdings
• Khadim India
• Majesco
• Mangalam Cement
• Minda Corporation
• MRF
• NR Agarwal Industries
• Nava Bharat Ventures
• Odisha Cement
• Pitti Engineering
• Precision Camshafts
• Pricol
• Procter & Gamble Hygiene and Health Care
• Rane Holdings
• Sanghvi Movers
• Shipping Corporation Of India
• Shree Pushkar Chemicals & Fertilisers
• Shreyas Shipping & Logistics
• Shriram EPC
• Steel Authority of India
• Sterling Tools
• The Phoenix Mills
• Timex Group
• Timken
• Tourism Finance Corporation of India
• TVS Electronics
• Sandur Manganese & Iron Ores
• Hinduja Ventures
• Gallantt Metal
• Andhra Petrochemicals

Earnings Reaction To Watch

Vodafone Idea (Q3,QoQ)

• Revenue down 2.2 percent at Rs 11,765 crore.
• Net loss at Rs 5,005 crore versus net loss at Rs 4,974 crore.
• Ebitda up 16.3 percent at Rs 1,137 crore.
• Margins at 9.66 percent versus 8.13 percent,
• ARPU down 1.14 percent at Rs 89

Q3 is the first full quarter of Vodafone Idea, post-merger completion. Q2 numbers are restated for comparison purpose

IGL (Q3 Standalone, YoY)

• Revenue up 27.4 percent at Rs 1,508 crore.
• Net profit up 19.3 percent at Rs 198 crore.
• Ebitda up 20.8 percent at Rs 318 crore.
• Margin at 21.1 percent versus 22.2 percent.
• EBIDTA/scm up 7.7 percent at Rs 5.85.

Entertainment Network (Q3 Consolidated, YoY)

• Revenue up 35.8 percent at Rs 200.9 crore.
• Net profit up 22 percent at Rs 16.1 crore.
• Ebitda up 13.5 percent at Rs 40.4 crore.
• Margins at 20.1 percent versus 24.1 percent.
• Production expenses up 75 percent at Rs 80.7 crore.
• Other income of Rs 4.4 crore.

AstraZeneca Pharma (Q3, YoY)

• Revenue up 67.5 percent at Rs 215.2 crore.
• Net profit at Rs 29.9 crore versus net loss of Rs 10.34 crore.
• Ebitda at Rs 41.8 crore versus Ebitda loss of Rs 10.4 crore.
• Inventory write off Rs 42.6 crore in base quarter.

Cummins (Q3 Standalone, YoY)

• Revenue up 11 percent at Rs 1,503.8 crore.
• Net profit up 8.7 percent at Rs 187.1 crore.
• Ebitda up 15.3 percent at Rs 226.7 crore.
• Margins at 15.1 percent versus 14.5 percent.
• Declares dividend of Rs 7 per share.

Bulk Deals

Xelpmoc Design and Tech

• Trust Investment Advisors acquired 1.7 lakh shares at Rs 65.9 each.
• Ram Fund acquired 1.76 lakh shares at Rd 64.75 each.
• GP Emerging Markets Strategies LP sold 8.75 lakh shares at Rs 65.9 each.
• University of Notre Dame DU LAC sold 2.66 lakh shares at Rs 65.9 each.

Trading Tweaks

• HEG, Shanthi Gears ex-date for share buyback

In ASM Framework:

• Religare Enterprises
• Leel Electricals
• Vipul
• Everest Organics
• IL&FS Transportation Networks
• Mishtann Foods
• Navkar Corporation
• Shankara Building Products
• Vikas Proppant & Granite

Price Band Revision

(From Feb. 7)

From 10 percent to 20 percent:

• Adani Gas
• Adani Green Energy,
• Adani Transmission
• Monnet Ispat & Energy
• Avadh Sugar & Energy
• TVS Electronics
• V-Mart Retail
• Butterfly Gandhimathi Appliances
• Central Bank of India
• Cerebra Integrated Technologies
• Edelweiss Financial Services
• EIH Associated Hotels
• Hindusthan National Glass & Industries
• Indiabulls Real Estate
• Ind-Swift Laboratories
• Jubilant Industries
• Kingfa Science & Technology
• Merck
• Mahanagar Telephone Nigam
• NRB Industrial Bearings
• Nitco
• Opto Circuits
• Praxis Home Retail
• Shree Renuka Sugars
• RattanIndia Infrastructure
• Solara Active Pharma Sciences
• Talwalkars Better Value Fitness

From 5 percent to 20 percent

• Bombay Dyeing
• Bharat Road Network
• Excel Industries

From 10 percent to 5 percent

• Siti Networks

From 20 percent to 10 percent

• Reliance Naval and Engineering

From 5 percent to 10 percent

• 5Paisa Capital
• Dhanlaxmi Bank
• Dwarikesh Sugar Industries
• Goa Carbon
• Indiabulls Integrated Services
• Jaiprakash Power Ventures Limited
• Rain Industries
• Vakrangee

Who’s Meeting Whom

• TVS Motors to meet Cartica Capital, Alquity and other investors from Feb.7 to March 11.
• Mahindra Holidays and Resorts to meet Edelweiss and Axis Capital on Feb. 8.

Insider Trading

• Chambal Fertiliser & Chemicals promoter The Hindustan Times acquired 15,000 shares on Feb. 5.
• Vipul promoter Punit Beriwala acquired 18,000 shares between Feb 4 and 5.
• Voltamp Transformers promoters acquired 1.4 lakh shares on Feb. 4.
• Apollo Tricoat Tubes promoter Saket Agarwal sold 5 lakh shares between Jan. 29 and Jan. 31.

Money Market Update

• The rupee on Wednesday ended at 71.55/$ versus Tuesday’s closing of 71.56/$.

F&O Cues

• Nifty February futures closed trading at 11,090, premium of 28 points.
• Max open interest for February series at 11,000 Call (open interest at 33.7 lakh shares)
• Max open interest for February series at 10,700 Put (open interest at 34.5 lakh shares)

Stocks In F&O Ban

In Ban

• IDBI
• DHFL
• Jet Airways
• Reliance Capital

New in Ban

• Reliance Infrastructure

Put-Call Ratio

• Nifty PCR at 1.82 versus 1.68.
• Nifty Bank PCR at 1.1 versus 1.04.