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CNBC-TV18's top stocks to watch out for on August 7

Updated : 2020-08-07 08:26:39

The Indian market is likely to open lower on Friday following a mixed trend in Asian peers as investors await several economic data releases for July. At 7:10 am, the SGX Nifty was trading 19.00 points or 0.17 percent lower at 11,194.00, indicating a negative start for the Sensex and Nifty50.

 HPCL:  The company reported a net profit of Rs 2,813.8 crore in Q1FY21 as against Rs 26.8 crore while revenue was at Rs 37,721 crore versus Rs 66,154.8 crore, QoQ. EBITDA was at Rs 4,353.6 crore versus EBITDA loss of Rs 706.8 crore, QoQ.
HPCL: The company reported a net profit of Rs 2,813.8 crore in Q1FY21 as against Rs 26.8 crore while revenue was at Rs 37,721 crore versus Rs 66,154.8 crore, QoQ. EBITDA was at Rs 4,353.6 crore versus EBITDA loss of Rs 706.8 crore, QoQ.
 Vodafone Idea:  The company’s net loss widened in Q1FY21 to Rs 25,460 crore from Rs 11,643.5 crore in the previous quarter. Revenue fell 9.3 percent to Rs 10,659.3 crore from Rs 11,754.2 crore, QoQ. ARPU fell to Rs 114 versus Rs 121, QoQ.
Vodafone Idea: The company’s net loss widened in Q1FY21 to Rs 25,460 crore from Rs 11,643.5 crore in the previous quarter. Revenue fell 9.3 percent to Rs 10,659.3 crore from Rs 11,754.2 crore, QoQ. ARPU fell to Rs 114 versus Rs 121, QoQ.
 Lupin:  The company has signed an exclusive distribution pact with ForDoz Pharma for two complex injectable assets under development in the US.
Lupin: The company has signed an exclusive distribution pact with ForDoz Pharma for two complex injectable assets under development in the US.
 Jubilant Foodworks:  The company has forayed into the FMCG category with a range of ready to cook sauces, gravies, and pastes. The company has launched 8 products across Indian and Chinese cuisines which will be initially available across e-commerce portals. (Image: Reuters)
Jubilant Foodworks: The company has forayed into the FMCG category with a range of ready to cook sauces, gravies, and pastes. The company has launched 8 products across Indian and Chinese cuisines which will be initially available across e-commerce portals. (Image: Reuters)
 PNB Housing Finance:  The company has appointed Hardayal Prasad as the new MD & CEO w.e.f August 10. Previously, Prasad was the Managing Director & Chief Executive Officer of SBI Cards.
PNB Housing Finance: The company has appointed Hardayal Prasad as the new MD & CEO w.e.f August 10. Previously, Prasad was the Managing Director & Chief Executive Officer of SBI Cards.
 Welspun Corp:  The company’s board has approved listing of Welspun Middle East Pipes Ltd (WMEPL) in the local stock exchange of Saudi Arabia. The process of listing would involve divestment of 15 percent (at maximum) of the total issued shares of WMEPL, held by Welspun Corp Ltd through its overseas subsidiary, at a pro-rata consideration exceeding $30 million, along with proportionate shares to be divested by the local partners.
Welspun Corp: The company’s board has approved listing of Welspun Middle East Pipes Ltd (WMEPL) in the local stock exchange of Saudi Arabia. The process of listing would involve divestment of 15 percent (at maximum) of the total issued shares of WMEPL, held by Welspun Corp Ltd through its overseas subsidiary, at a pro-rata consideration exceeding $30 million, along with proportionate shares to be divested by the local partners.
 Wipro:  The IT major has partnered with Intel to enable Wipro's LIVE Workspace, Wipro's digital workspace solution with the Intel vPro platform. This joint collaboration will help customers drive business continuity by enabling remote IT support and solutions. (Image: Reuters)
Wipro: The IT major has partnered with Intel to enable Wipro's LIVE Workspace, Wipro's digital workspace solution with the Intel vPro platform. This joint collaboration will help customers drive business continuity by enabling remote IT support and solutions. (Image: Reuters)
 Alembic Pharmaceuticals:  The company has closed the QIP issue at a price of Rs 932 per share.
Alembic Pharmaceuticals: The company has closed the QIP issue at a price of Rs 932 per share.
 Torrent Power:  The company’s net profit in Q1FY21 rose 35.4 percent to Rs 372.7 crore from Rs 275.3 crore while revenue fell 19.5 percent to Rs 3,007 crore from Rs 3,736 crore, YoY. EBITDA rose 16.3 percent to Rs 969.4 crore while EBITDA margin increased by 990 bps to 32.2 percent, YoY.
Torrent Power: The company’s net profit in Q1FY21 rose 35.4 percent to Rs 372.7 crore from Rs 275.3 crore while revenue fell 19.5 percent to Rs 3,007 crore from Rs 3,736 crore, YoY. EBITDA rose 16.3 percent to Rs 969.4 crore while EBITDA margin increased by 990 bps to 32.2 percent, YoY.
 Pidilite Industries:  The company’s Q1FY21 net profit was reported at Rs 15.8 crore versus Rs 294.4 crore and revenue at Rs 877.8 crore versus Rs 2,016.2 crore YoY. Domestic volume declined 57 percent versus CNBC-TV18 poll of 60 percent decline.
Pidilite Industries: The company’s Q1FY21 net profit was reported at Rs 15.8 crore versus Rs 294.4 crore and revenue at Rs 877.8 crore versus Rs 2,016.2 crore YoY. Domestic volume declined 57 percent versus CNBC-TV18 poll of 60 percent decline.
 Adani Enterprises:  The company reported a net loss of Rs 65.7 crore in Q1FY21 as against a net profit of Rs 570 crore while revenue declined to Rs 5,265.2 crore from Rs 10,561.4 crore, YoY.
Adani Enterprises: The company reported a net loss of Rs 65.7 crore in Q1FY21 as against a net profit of Rs 570 crore while revenue declined to Rs 5,265.2 crore from Rs 10,561.4 crore, YoY.
 Prince Pipes and Fittings:  The company has entered into a technical collaboration with Tooling Holland BV, a global leader in the international plastic injection moulding industry based in The Netherlands.
Prince Pipes and Fittings: The company has entered into a technical collaboration with Tooling Holland BV, a global leader in the international plastic injection moulding industry based in The Netherlands.
 Indian Hotels:  The company reported a net loss of Rs 312.60 crore in Q1FY21 as against a profit of Rs 49.8 crore, YoY. Revenue fell 85.9 percent to Rs 143.6 crore versus Rs 1,020 crore while EBITDA loss was at Rs 266 crore versus EBITDA of Rs 173,4 crore, YoY.
Indian Hotels: The company reported a net loss of Rs 312.60 crore in Q1FY21 as against a profit of Rs 49.8 crore, YoY. Revenue fell 85.9 percent to Rs 143.6 crore versus Rs 1,020 crore while EBITDA loss was at Rs 266 crore versus EBITDA of Rs 173,4 crore, YoY.
JK Tyre: The company reported a consolidated net loss of Rs 198.8 crore in Q1FY21 as against a net profit of Rs 16.9 crore, YoY. Revenue fell 56.1 percent to Rs 1,130.8 crore from Rs 2,575.4 crore, YoY.
JK Tyre: The company reported a consolidated net loss of Rs 198.8 crore in Q1FY21 as against a net profit of Rs 16.9 crore, YoY. Revenue fell 56.1 percent to Rs 1,130.8 crore from Rs 2,575.4 crore, YoY.
 Deepak Nitrite:  The company’s net profit in Q1FY21 fell 24.8 percent to Rs 98.9 crore from Rs 131.6 crore while revenue decreased 19.5 percent to Rs 674.5 crore from Rs 1,051 crore, YoY.
Deepak Nitrite: The company’s net profit in Q1FY21 fell 24.8 percent to Rs 98.9 crore from Rs 131.6 crore while revenue decreased 19.5 percent to Rs 674.5 crore from Rs 1,051 crore, YoY.
Earnings: Mahindra & Mahindra, Cipla, Siemens, Abbott India, Aditya Birla Capital, Adani Transmission, Alkem Laboratories, Bata India, Mahanagar Gas, Amara Raja Batteries, Automotive Axles, Balrampur Chini Mills, BEML, Container Corporation of India, Emami, Entertainment Network India (ENIL), Finolex Industries, Kajaria Ceramics, Punjab & Sind Bank, REC, Shipping Corporation of India, Sobha, Sudarshan Chemical Industries, among others.
Earnings: Mahindra & Mahindra, Cipla, Siemens, Abbott India, Aditya Birla Capital, Adani Transmission, Alkem Laboratories, Bata India, Mahanagar Gas, Amara Raja Batteries, Automotive Axles, Balrampur Chini Mills, BEML, Container Corporation of India, Emami, Entertainment Network India (ENIL), Finolex Industries, Kajaria Ceramics, Punjab & Sind Bank, REC, Shipping Corporation of India, Sobha, Sudarshan Chemical Industries, among others.
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