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CNBC-TV18's top stocks to watch out for on October 9

Updated : 2019-10-09 07:56:11

Indian shares are likely to open flat-to-negative on Wednesday after a day’s break, tracking global stocks which fell sharply as the US-China trade dispute looks far from ending, weighing on global economic growth. At 7:37 AM, SGX Nifty was trading at 11,119, up 0.20 percent, indicating a flat start for the Sensex and the Nifty. Here are the top stocks to watch out for:

Tata Motors: Jaguar Land Rover (JLR) retail sales for the quarter ending September 30 stood at 128,953 vehicles, down 0.7 percent compared to the same period a year ago. The numbers, however, reflect a recovery in JLR retail sales in China, up 24.3 percent, with a third consecutive month of double-digit sales growth for the firm in the region. Sales also climbed up 0.9 percent in Europe but fell 1.0 percent in the US, 5.1 percent in UK and 19.2 percent in overall overseas markets.
Tata Motors: Jaguar Land Rover (JLR) retail sales for the quarter ending September 30 stood at 128,953 vehicles, down 0.7 percent compared to the same period a year ago. The numbers, however, reflect a recovery in JLR retail sales in China, up 24.3 percent, with a third consecutive month of double-digit sales growth for the firm in the region. Sales also climbed up 0.9 percent in Europe but fell 1.0 percent in the US, 5.1 percent in UK and 19.2 percent in overall overseas markets.
Titan: Jewellery retail sales grew 7 percent for the second quarter, but the revenues as per financials declined 2 percent year-on-year (YoY). Besides, MD Bhaskar Bhat has retired after serving the company for 30 years. C.K. Venkataraman, who was the CEO of the jewellery business since 2005, has taken over as the new MD. The company has purchased 9,45,000 equity shares from one of the shareholders of CaratLane, thereby increasing its stake in the subsidiary by 2.8 percent to 72.3 percent from 69.5 percent.
Titan: Jewellery retail sales grew 7 percent for the second quarter, but the revenues as per financials declined 2 percent year-on-year (YoY). Besides, MD Bhaskar Bhat has retired after serving the company for 30 years. C.K. Venkataraman, who was the CEO of the jewellery business since 2005, has taken over as the new MD. The company has purchased 9,45,000 equity shares from one of the shareholders of CaratLane, thereby increasing its stake in the subsidiary by 2.8 percent to 72.3 percent from 69.5 percent.
Minda Industries: The board has approved acquisition of 100 percent equity capital of the Delvis Group at a transaction value of 21 million Euros (Rs 164 crore). The company has entered into a definitive agreement with the shareholders of the Germany-based automotive lamps engineering, design and testing company to acquire a 100 percent interest in the company.
Minda Industries: The board has approved acquisition of 100 percent equity capital of the Delvis Group at a transaction value of 21 million Euros (Rs 164 crore). The company has entered into a definitive agreement with the shareholders of the Germany-based automotive lamps engineering, design and testing company to acquire a 100 percent interest in the company.
Aurobindo Pharma: The company has received seven observations from the US health regulator for its unit-7 in Telangana. The regulatory authority conducted a Current Good Manufacturing Practices (CGMP) inspection at the company's unit-7 manufacturing facility from September 19 to 27, the pharma firm said in a BSE filing.
Aurobindo Pharma: The company has received seven observations from the US health regulator for its unit-7 in Telangana. The regulatory authority conducted a Current Good Manufacturing Practices (CGMP) inspection at the company's unit-7 manufacturing facility from September 19 to 27, the pharma firm said in a BSE filing.
Mahindra Lifespace: Mahindra Lifespace, the real estate arm of Mahindra and Mahindra, has launched its residential project 'Vicino' in Mumbai’s Andheri. The said project is registered with Maharashtra RERA.
Mahindra Lifespace: Mahindra Lifespace, the real estate arm of Mahindra and Mahindra, has launched its residential project 'Vicino' in Mumbai’s Andheri. The said project is registered with Maharashtra RERA.
NMDC: The board members will consider the proposal for fundraise in one or more tranches on October 11.
NMDC: The board members will consider the proposal for fundraise in one or more tranches on October 11.
TTK Prestige: The company has successfully concluded a long-term settlement covering all its workmen at its Hosur manufacturing unit.
TTK Prestige: The company has successfully concluded a long-term settlement covering all its workmen at its Hosur manufacturing unit.
Indiabulls Ventures & Indiabulls real estate: The board members will consider buyback on October 11.
Indiabulls Ventures & Indiabulls real estate: The board members will consider buyback on October 11.
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