Top stocks to watch out for on Nov 11: Maruti Suzuki, Zomato, Yes Bank and more

SUMMARY

Losses in Asian equities may spill over to the Indian market on Thursday. SGX Nifty50 futures contract was down 0.3 percent at 17,957 as of 7:12 am, hinting at a lower opening for Indian headline indices.

By CNBCTV18.comNov 11, 2021 7:29:44 AM IST (Published)

Tata Steel, NMDC, Bajaj Hindusthan Sugar, Balkrishna Industries, Birla Tyres, Brigade Enterprises, EaseMyTrip, Endurance Technologies, Godrej Consumer Products, Hindustan Aeronautics, Matrimony.com and RITES | These companies will report their quarterly earnings today.

Zomato | The company reported a loss of Rs 434.9 crore in Q2 FY22 against a loss of Rs 229.8 crore in Q2 FY21, while revenue increased sharply to Rs 1,024.2 crore from Rs 426 crore YoY.

Pidilite Industries | The company's Q2 profit and revenue of Rs 374.6 crore and Rs 2,626.3 crore respectively, were higher than expectations.

Metropolis Healthcare | The company's net profit of Rs 58.4 crore and revenue of Rs 302.6 crore came in slightly below estimates.

MOIL | The company's net profit and revenue were well above Street's expectations.

Yes Bank | Moody's upgraded Yes Bank's rating to B2 from B3 and changed outlook to 'positive'.

Berger Paints | The paint maker's profit came in at Rs 219.2 crore and revenue stood at Rs 2,225 crore for Q2 FY22. On both fronts, Berger Paints beat estimates.

Oil India | The company's profit of Rs 1,454.3 crore for Q2 FY22 surpassed estimates and revenue of Rs 7,254 crore also exceeded expectations.

DLF | The company will add 2.3 million square feet to its existing 4.2 million square feet of retail portfolio with six new properties as part of its expansion plans.

Maruti Suzuki | The company has announced that it is joining the electric vehicle (EV) race. The company plans to launch its first EV by 2025.