Share Market News, Stocks to Track: Domestic equity benchmarks took a hit on Tuesday amid selling pressure in energy and auto shares though some buying interest in FMCG stocks lent support, limiting the downside. The Sensex lost 152.9 points, or 0.2 per cent, to end at 81,820.1 while the Nifty50 slipped 70.6 points, or 0.3 per cent, to settle at 25,057.4. Analysts await more of earnings from India Inc for cues as the domestic corporate results season gathers steam.
ALSO READ: HDFC Life posts 15% rise in Q2 profit
Stocks in News | Here are more than a dozen stocks worth tracking on Dalal Street on October 16, including Tata Motors, Bajaj Auto, Power Grid, LTTS, RailTel, SpiceJet and Cochin Shipyard:
Corporate Earnings
Twenty-odd companies are scheduled to report their financial results on Wednesday, including Bajaj Auto and L&T Technology Services.
| ACCELYA | CRISIL | NUTRA | SCBL |
| ADTYFRG | HITECHWIND | PASARI | SHAH |
| BAJAJ-AUTO | HSCL | POCL | SOUTHBANK |
| BIRLAMONEY | LTTS | RAJNISH | TIPSMUSIC |
| CIL | MPHASIS | SAINDUS | VIVIDM |
Vedanta
The company’s board is scheduled to meet on Wednesday to consider an interim dividend.
Cochin Shipyard
The company is set to launch an OFS on Wednesday and Thursday at a floor price of Rs 1,540 per share.
The price marks a discount of 8 per cent to the market price.
Airline Stocks
Domestic passenger traffic increased 6.4 per cent in September, according to DGCA data.
IndiGo’s market share increased by 60 bps sequentially to 63 per cent while SpiceJet’s market share decreased by 30 bps to 2 per cent, according to the data.
G R Infraprojects
The company has bagged a project worth Rs 1,885.6 crore from MSRDC.
RailTel Corporation of India
The Navaratna PSU has won an order worth Rs 79.8 crore from the Maharashtra Housing and Area Development Authority.
Capri Global Capital
The company has forayed into green financing with the rollout of rooftop solar finance.
Tata Motors
The Tata Curvv has received a 5-star rating from Bharat NCAP.
InterGlobe Aviation
IndiGo Ventures has received approval from market regulator Sebi to launch a venture capital fund.
IndiGo Ventures is the IndiGo airline’s corporate venture capital fund. Read more
Power Grid
The PSU has acquired South Olpad Transmission, Jam Khambhaliya Transmission and Rajasthan IV H1 Power Transmission for a sum of about Rs 44 crore.
Insolation Energy
The company’s board has approved a proposal to raise Rs 402 crore through issuance of shares to non-promoters.
Tembo Global Industries
The company has bagged an order to the tune of Rs 595 crore for a solar power project from the Maharashtra government.
Corporate Action
NRB Bearings and Pondy Oxides & Chemicals shares are scheduled to trade ex-dividend and ex-share split respectively.
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