SUMMARY
Stocks to watch: Stocks such as Delta Corp, Fortis Health, Paytm, Timex Group, Gravita, Spandana Sphoorty Financial and 5paisa Capital will be in focus today. A 0.3 percent dip in SGX Nifty50 futures to 17,997 as of 7:08 am pointed towards a weak opening for Indian benchmark indices. Here is a complete list of the stocks to watch out for today:
1 / 10
Delta Corp | The casino company will announce its December quarter results today.
2 / 10Axis Bank | Axis Bank said it has executed transaction for Arcelor Mittal Nippon Steel India and Lalit Pipes & Pipes on Secured Logistics Document Exchange. In another development, Rajiv Anand has been re-appointed as the deputy MD for 3 years from August 4, 2022.
3 / 10Unichem Laboratories | Porinju Veliyath-owned Equity Intelligence India acquired 54,850 equity shares of Unichem Laboratories through open market transactions, thereby increasing its shareholding to 5.01 percent from 4.93 percent.
4 / 10Fortis Healthcare | The US-based trust Emqore Envesecure has filed a suit against the company, promoter and others for copyright infringement. It has claimed $6.5 billion damage in the suit.
5 / 10Indo Count Industries | ICRA has upgraded its credit rating for the company's long term bank facilities and reaffirmed credit rating for the short term bank facilities.
6 / 105paisa Capital | The company reported consolidated profit at Rs 0.74 crore in Q3FY22 against Rs 3.18 crore in Q3FY21 while its revenue jumped to Rs 80.05 crore from Rs 49.56 crore YoY.
7 / 10One 97 Communications (Paytm) | Number of loans disbursed through its platform increased by 401 percent YoY to 0.44 crore loans in Q3FY 2022. In Q3 FY 2022, the value of loans disbursed through the platform was Rs 2,180 crore, an increase of 365 percent YoY. The company has seen stellar growth in each of its lending products.
8 / 10Gravita India | The company has approved fund-raising of Rs 300 crore.
9 / 10Spandana Sphoorty Financial | The company's board has approved raising up to Rs 300 crore. It has got an offer from a promoter to infuse Rs 300 crore in the company. Spandana Sphoorty Financial will evaluate the fund infusion offer from the promoter.
10 / 10Timex Group India | The watchmaker has sealed agreements with Timex Nederland B.V (Sequel Division) for the grant of manufacturing and distribution rights of “Guess” & “Gc” branded watches for India.
