Motilal Oswal
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Motilal Oswal
Finance

Top stocks to watch out for on May 13: SBI, L&T, Jet Airways

Updated : 2019-05-13 08:06:32

Indian shares are set for a negative start on Monday as global markets remained under pressure amid growing uncertainty over US-China trade deal. Asian shares slipped over concerns whether the two countries will be able to reach a deal to end their trade war after Washington sharply hiked tariffs. Investors remained cautious ahead of retail inflation data this week and Lok Sabha election results next week. On Friday, the Sensex and the Nifty 50 closed 0.20 percent lower. Here are the top stocks to watch out for in today's trade:

State Bank of India: Better asset quality and a 100 bps dip in credit cost helped the largest lender report a net income of Rs 838 crore for the March quarter as against a net loss of Rs 7,718 crore a year ago, and also guide towards sunnier days. The bank also said it is planning to list general insurance and credit card business in FY20. (Image: Reuters)
State Bank of India: Better asset quality and a 100 bps dip in credit cost helped the largest lender report a net income of Rs 838 crore for the March quarter as against a net loss of Rs 7,718 crore a year ago, and also guide towards sunnier days. The bank also said it is planning to list general insurance and credit card business in FY20. (Image: Reuters)
Larsen & Toubro: L&T reported a 7.9 percent rise in its consolidated net profit at Rs 3,418.24 crore for the quarter ended March 31, mainly on the back of strong revenues and improved execution efficiency. Its net profit stood at Rs 3,167.47 crore during the corresponding period a year ago. (Stock image)
Larsen & Toubro: L&T reported a 7.9 percent rise in its consolidated net profit at Rs 3,418.24 crore for the quarter ended March 31, mainly on the back of strong revenues and improved execution efficiency. Its net profit stood at Rs 3,167.47 crore during the corresponding period a year ago. (Stock image)
Eicher Motors: The company registered an 18.05 percent rise in consolidated net profit after tax to Rs 545 crore for March 2019 quarter. Total revenue from operations for the quarter stood at Rs 2,500 crore as against Rs 2,528 crore in the same period for 2017-18. (Stock image)
Eicher Motors: The company registered an 18.05 percent rise in consolidated net profit after tax to Rs 545 crore for March 2019 quarter. Total revenue from operations for the quarter stood at Rs 2,500 crore as against Rs 2,528 crore in the same period for 2017-18. (Stock image)
Jet Airways: State Bank of India said they have received bids from Etihad Airways and a few unsolicited parties to take over the grounded airline. (Image: Reuters)
Jet Airways: State Bank of India said they have received bids from Etihad Airways and a few unsolicited parties to take over the grounded airline. (Image: Reuters)
PC Jeweller: Its board has given approval for the demerger of the company's export division and amalgamation of the same with its wholly-owned subsidiary PCJ Gems & Jewellery Ltd. (Photo: AP)
PC Jeweller: Its board has given approval for the demerger of the company's export division and amalgamation of the same with its wholly-owned subsidiary PCJ Gems & Jewellery Ltd. (Photo: AP)
Indian Overseas Bank: The bank’s Q4 net loss narrowed to Rs 1,985.16 crore in the quarter ended March 2019 on account of declining bad loans. The bank had posted a loss of Rs 3,606.73 crore during the January-December quarter of 2017-18. (Image: Company)
Indian Overseas Bank: The bank’s Q4 net loss narrowed to Rs 1,985.16 crore in the quarter ended March 2019 on account of declining bad loans. The bank had posted a loss of Rs 3,606.73 crore during the January-December quarter of 2017-18. (Image: Company)
IDFC First Bank: The bank reported a loss of Rs 218.03 crore for the quarter ended March 2019 against a profit of Rs 41.93 crore in the corresponding period of the last fiscal on account of higher provisioning.
IDFC First Bank: The bank reported a loss of Rs 218.03 crore for the quarter ended March 2019 against a profit of Rs 41.93 crore in the corresponding period of the last fiscal on account of higher provisioning.
DHFL: The NBFC said it has made more than Rs. 30,000 crores of principal and interest payments to its creditors including its fixed deposit holders. Collection efficiency has remained steady despite the increase in interest rates undertaken by the company in the last few months at 99.3%. (Image: Reuters)
DHFL: The NBFC said it has made more than Rs. 30,000 crores of principal and interest payments to its creditors including its fixed deposit holders. Collection efficiency has remained steady despite the increase in interest rates undertaken by the company in the last few months at 99.3%. (Image: Reuters)
Tata Steel: The company said the proposed merger of its European operations with Thyssenkrupp has almost fallen through as they are not in a position to rework the remedy packages to assuage the concerns of the European Commission. (Image: Reuters)
Tata Steel: The company said the proposed merger of its European operations with Thyssenkrupp has almost fallen through as they are not in a position to rework the remedy packages to assuage the concerns of the European Commission. (Image: Reuters)
Results: HDFC, ITC Godrej Industries, Vodafone Ltd, Just Dial, Karnataka Bank, MRPL, Muthoot Finance, OBC, SRF Ltd, Andhra Bank, INOX Leisure, Trident, United Bank of India, BBTC, Borosil Glass Works, Capacite Infra, Future Supply Chain, Linde India, The New India Assurance, Texmaco Infra, Subex, Snowman, Shemaroo, Pioneer Dis, MT Educare, Hitech Corporation, Ester Industries, CCL Products, Avadh Sugar, Automotive Axles, Honeywell Automation, Metropolis Healthcare, Mangalam Seeds, Nirlon. (Stock image)
Results: HDFC, ITC Godrej Industries, Vodafone Ltd, Just Dial, Karnataka Bank, MRPL, Muthoot Finance, OBC, SRF Ltd, Andhra Bank, INOX Leisure, Trident, United Bank of India, BBTC, Borosil Glass Works, Capacite Infra, Future Supply Chain, Linde India, The New India Assurance, Texmaco Infra, Subex, Snowman, Shemaroo, Pioneer Dis, MT Educare, Hitech Corporation, Ester Industries, CCL Products, Avadh Sugar, Automotive Axles, Honeywell Automation, Metropolis Healthcare, Mangalam Seeds, Nirlon. (Stock image)
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