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CNBCTV18's top stocks to watch out for on October 18

Updated : October 18, 2019 08:05 AM IST

Indian shares are expected to open lower on Friday amid cautious trades in global markets on the wake of Q2 earnings season. Asian shares traded marginally higher after the Brexit deal agreed by the UK and the European Union, but concern about the Chinese economy capped gains. At 7.33 AM, the SGX Nifty futures traded 30.5 points, or 0.26 percent, lower at 11,574, indicating a negative start for the Sensex and the Nifty 50.

 Indiabulls Housing Finance:  The company offered pre-mature redemption of all non-convertible debentures (NCDs) maturing in November and December this year. Indiabulls Housing said it will also evaluate further pre-mature redemption of its NCDs from time to time. Indiabulls Housing Finance continues to maintain strong liquidity with cash and cash equivalents at around 20 percent of its total assets as on October 10, 2019, it added. (Image: IANS)
Indiabulls Housing Finance: The company offered pre-mature redemption of all non-convertible debentures (NCDs) maturing in November and December this year. Indiabulls Housing said it will also evaluate further pre-mature redemption of its NCDs from time to time. Indiabulls Housing Finance continues to maintain strong liquidity with cash and cash equivalents at around 20 percent of its total assets as on October 10, 2019, it added. (Image: IANS)
 Reliance Capital:  RCap said payment of interest/principal obligations for two non-convertible debentures (NCD) has been delayed. The payments were due on Wednesday and Thursday. RCap said a rating downgrade action by CARE Rating has initiated acceleration of various facilities by certain lenders and consequential demands for immediate payment of amounts that were otherwise due and payable in a phased manner over the next 8 years till March 2028, as per the original terms of lending. (Image: Reuters)
Reliance Capital: RCap said payment of interest/principal obligations for two non-convertible debentures (NCD) has been delayed. The payments were due on Wednesday and Thursday. RCap said a rating downgrade action by CARE Rating has initiated acceleration of various facilities by certain lenders and consequential demands for immediate payment of amounts that were otherwise due and payable in a phased manner over the next 8 years till March 2028, as per the original terms of lending. (Image: Reuters)
 TVS Motor : Q2 net profit gained 15 percent to Rs 256.88 crore. Revenue from operations stood at Rs 4,960.27 crore in the second quarter as compared to Rs 5,466.94 crore a year ago. (Image: Company)
TVS Motor: Q2 net profit gained 15 percent to Rs 256.88 crore. Revenue from operations stood at Rs 4,960.27 crore in the second quarter as compared to Rs 5,466.94 crore a year ago. (Image: Company)
 Zee Entertainment Enterprises Ltd:  Consolidated Q2 net profit rose 6.7 percent to Rs 412 crore, driven by strong performance in domestic broadcast and digital businesses. Zee's total income rose 7.63 percent to Rs 2,190.13 crore during the quarter. ZEEL's total expenses in the quarter stood at Rs 1,514.13 crore, up 9.20 percent YoY. (Stock Image)
Zee Entertainment Enterprises Ltd: Consolidated Q2 net profit rose 6.7 percent to Rs 412 crore, driven by strong performance in domestic broadcast and digital businesses. Zee's total income rose 7.63 percent to Rs 2,190.13 crore during the quarter. ZEEL's total expenses in the quarter stood at Rs 1,514.13 crore, up 9.20 percent YoY. (Stock Image)
 PVR:  Q2 net profit jumped 35 percent to Rs 47.88 crore. Total income of the firm during the quarter went up by 37.04 percent to Rs 979.4 crore. The box office revenues for the quarter were up 32 percent from Rs 374 crore. PVR chairman and MD Ajay Bijli said,
PVR: Q2 net profit jumped 35 percent to Rs 47.88 crore. Total income of the firm during the quarter went up by 37.04 percent to Rs 979.4 crore. The box office revenues for the quarter were up 32 percent from Rs 374 crore. PVR chairman and MD Ajay Bijli said, "Q2 has been a momentous quarter for us as we crossed the 800 screen milestone, making us the only cinema exhibition company in India to reach that goal." (Image: Reuters)
 DHFL:   Dewan Housing Finance Ltd reported a consolidated net loss of Rs 242.48 crore for the second quarter compared to a net profit of Rs 431.71 crore a year ago. DHFL said the losses registered in Q2 of this fiscal were fully attributable to owners of the parent (company). Total income fell to Rs 2,399.84 crore during the quarter, as against Rs 3,154.25 crore in the year-ago period. (Image: Reuters)
DHFL:  Dewan Housing Finance Ltd reported a consolidated net loss of Rs 242.48 crore for the second quarter compared to a net profit of Rs 431.71 crore a year ago. DHFL said the losses registered in Q2 of this fiscal were fully attributable to owners of the parent (company). Total income fell to Rs 2,399.84 crore during the quarter, as against Rs 3,154.25 crore in the year-ago period. (Image: Reuters)
 L&T Infotech:  Q2 consolidated net profit declined 10 percent to Rs 360.4 crore. Its revenue rose 10.3 percent to Rs 2,570.7 crore in the reported quarter. The company has also announced the acquisition of PowerupCloud Technologies at an enterprise value of $15 million. (Image: Reuters)
L&T Infotech: Q2 consolidated net profit declined 10 percent to Rs 360.4 crore. Its revenue rose 10.3 percent to Rs 2,570.7 crore in the reported quarter. The company has also announced the acquisition of PowerupCloud Technologies at an enterprise value of $15 million. (Image: Reuters)
 South Indian Bank:  Q2 net profit rose 21 percent to Rs 84 crore on healthy core income. The bank's total income advanced to Rs 2,203.18 crore in quarter from Rs 1,854.40 crore in last year. Gross NPAs saw a modest rise to 4.92 percent of the gross advances as on September 30. In absolute terms, bad loans were at Rs 3,145.20 crore as compared with Rs 2,646.15 crore a year ago. (Image: Company)
South Indian Bank: Q2 net profit rose 21 percent to Rs 84 crore on healthy core income. The bank's total income advanced to Rs 2,203.18 crore in quarter from Rs 1,854.40 crore in last year. Gross NPAs saw a modest rise to 4.92 percent of the gross advances as on September 30. In absolute terms, bad loans were at Rs 3,145.20 crore as compared with Rs 2,646.15 crore a year ago. (Image: Company)
 Adani Enterprises:  Gautam Adani-run Adani Group has forged a partnership with UAE's oil firm Adnoc, German chemical giant BASF and Austria's Borealis to study the feasibility of setting up a $4 billion chemical complex at Mundra in Gujarat by 2024. (Image: Reuters)
Adani Enterprises: Gautam Adani-run Adani Group has forged a partnership with UAE's oil firm Adnoc, German chemical giant BASF and Austria's Borealis to study the feasibility of setting up a $4 billion chemical complex at Mundra in Gujarat by 2024. (Image: Reuters)
 Cyient:  Q2 net profit fell 22.5 percent at Rs 98.5 crore. Its revenue decreased 2.4 percent at Rs 1,158.9 crore for the period under review as against Rs 1,187 crore in the second quarter of 2018-19. In dollar terms, the net profit declined 22.8 percent to $13.8 million, while revenue was lower by 2.8 percent at $164.2 million. (Image: Company)
Cyient: Q2 net profit fell 22.5 percent at Rs 98.5 crore. Its revenue decreased 2.4 percent at Rs 1,158.9 crore for the period under review as against Rs 1,187 crore in the second quarter of 2018-19. In dollar terms, the net profit declined 22.8 percent to $13.8 million, while revenue was lower by 2.8 percent at $164.2 million. (Image: Company)
 Torrent Pharma:  The USFDA has red flagged Torrent Pharmaceuticals for significant violations of current good manufacturing practice (CGMP) regulations at its Indrad facility in Gujarat. In a warning letter issued by the regulator to Torrent Pharma's CEO Samir Mehta, the regulator said,
Torrent Pharma: The USFDA has red flagged Torrent Pharmaceuticals for significant violations of current good manufacturing practice (CGMP) regulations at its Indrad facility in Gujarat. In a warning letter issued by the regulator to Torrent Pharma's CEO Samir Mehta, the regulator said, "Your firm failed to follow written procedures for production and process control designed to assure that the drug products you manufacture have the identity, strength, quality, and purity they purport or are represented to possess." (Image: Company)
 Q2 Earnings: As many as 23 companies will report their quarterly earnings on Friday which include names like Ambuja Cements, Reliance Industries, L&T Technology Services, L&T Financial Holding, Sundaram Clayton, Kirloskar Ferrous, Sasken Technologies and ICICI Lombard among others.
Q2 Earnings: As many as 23 companies will report their quarterly earnings on Friday which include names like Ambuja Cements, Reliance Industries, L&T Technology Services, L&T Financial Holding, Sundaram Clayton, Kirloskar Ferrous, Sasken Technologies and ICICI Lombard among others.
Published : October 18, 2019 08:05 AM IST
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