A flat trend in SGX Nifty50 futures at 18136.50 as of 6:47 am on Monday, pointed towards a mute open for the Indian benchmark indices. Stocks such as Reliance Industries, ICICI Bank, Tata Elxsi, Asian Paints and Tata Consumer Products will be on investors radar today. Here are top stocks to watch out for:
Tech Mahindra, Coforge, Colgate Palmolive, HDFC AMC, CSB Bank, Kansai Nerolac Paints, SRF and CEAT | These companies will detail their quarterly numbers today.
Reliance Industries | RIL's net profit and revenue for the September quarter were much higher than the estimates.
ICICI Bank | The lender reported a higher-than-expected net profit for the quarter ended September.
Tata Consumer Products | The company's net profit for Q2 FY22 was below expectations.
Tata Elxsi | The company's profit came in at Rs 125.33 crore in Q2FY22 as compared to Rs 78.87 crore in Q2FY21.
Apollo Tyres | The company has introduced its European tyre brand Vredestein in the country to cater to premium cars and superbike segments.
Asian Paints | A whistle-blower has flagged off related party transactions carried out by the promoters of the paint maker that allegedly benefited them at the cost of the company’s shareholders, a report said.
ABB Power Products and Systems India | The company reported a sharply higher profit at Rs 34.3 crore in Q2CY21 against Rs 4.8 crore in Q3CY20.
Hindustan Zinc | The metal manufacturer posted a near 4 percent rise in its net profit for the September quarter on the back of higher revenue from operations.
Tatva Chintan Pharma Chem, Vimta Labs and Orient Electric | These companies have reported strong quarterly results over the weekend.