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CNBCTV18's top stocks to watch out for on October 4

Updated : October 04, 2019 07:54 AM IST

Indian benchmark indices BSE Sensex and NSE’s Nifty50 are likely to open higher on Friday following gains in global equities and ahead of the Reserve Bank of India’s monetary policy decision. The RBI is expected to cut the key repo rate by 25 basis points, according to most economists polled by CNBC-TV18. The two indices closed lower for the third straight session on Thursday. At 7:40 AM, the SGX Nifty futures traded 25 points, or 0.22 percent, higher at 11,384, indicating a positive start for the Sensex and the Nifty 50.

Hindalco Industries: The European Commission has given its conditional approval for Novelis Inc, a unit of Hindalco, to acquire Aleris. The approval is conditioned upon the sale of Aleris' plant in Duffel, Belgium. Hindalco said Novelis is working
Hindalco Industries: The European Commission has given its conditional approval for Novelis Inc, a unit of Hindalco, to acquire Aleris. The approval is conditioned upon the sale of Aleris' plant in Duffel, Belgium. Hindalco said Novelis is working "expeditiously to market the plant to potential buyers, with the chosen counter-party and the definitive agreement for divestiture". (Image: Company)
Yes Bank: CEO Ravneet Gill said the bank is in an advanced stage of capital raising from investors, including global tech majors, to grow the balance sheet. In an interview with PTI, Gill said the new investor/s will be either a strategic partner like a tech company or a financial investor or a deep-pocketed family office. Asked if it will be before the end of the fiscal year, he said that will be too late and the fund infusion will happen much sooner. (Image: Reuters)
Yes Bank: CEO Ravneet Gill said the bank is in an advanced stage of capital raising from investors, including global tech majors, to grow the balance sheet. In an interview with PTI, Gill said the new investor/s will be either a strategic partner like a tech company or a financial investor or a deep-pocketed family office. Asked if it will be before the end of the fiscal year, he said that will be too late and the fund infusion will happen much sooner. (Image: Reuters)
Housing Development Finance Corporation: The lender said The profit from the sale of investments came it at Rs1,632 crore during the quarter ended September 30, compared to Rs 891 crore last year. Income from dividend was Rs 1,074 crore in Q3, up from Rs 6 crore last year. HDFC assigned loans worth Rs 7,160 crore during the July-September period, compared to Rs 6,059 crore a year ago. (Image: Reuters)
Housing Development Finance Corporation: The lender said The profit from the sale of investments came it at Rs1,632 crore during the quarter ended September 30, compared to Rs 891 crore last year. Income from dividend was Rs 1,074 crore in Q3, up from Rs 6 crore last year. HDFC assigned loans worth Rs 7,160 crore during the July-September period, compared to Rs 6,059 crore a year ago. (Image: Reuters)
Maruti Suzuki: Global brokerage CLSA maintained a ‘buy’ call on the car manufacturer following the launch of mini-SUV, S-Presso. The brokerage said, “We see potential for Maruti to strengthen its India franchise on such launches.” S-Presso is priced about 45-55 percent below the top-selling compact SUVs and should provide an attractive proposition for the entry-level customer, it said. (Image: Reuters)
Maruti Suzuki: Global brokerage CLSA maintained a ‘buy’ call on the car manufacturer following the launch of mini-SUV, S-Presso. The brokerage said, “We see potential for Maruti to strengthen its India franchise on such launches.” S-Presso is priced about 45-55 percent below the top-selling compact SUVs and should provide an attractive proposition for the entry-level customer, it said. (Image: Reuters)
Mahanagar Gas: MGL cut prices for the compressed natural gas and domestic piped natural gas from October 3 following a drop in the domestically produced gas.
Mahanagar Gas: MGL cut prices for the compressed natural gas and domestic piped natural gas from October 3 following a drop in the domestically produced gas. "MGL has reduced its CNG price by Rs 2.04 per kg and PNG by Rs 1.19 per SCM in and around Mumbai effective from tonight," the company said on Thursday. Accordingly, revised delivered prices inclusive of all taxes of CNG and PNG will be Rs 49.95 per kg and Rs 30.60 per SCM (Slab 1) and Rs 36.20 per SCM (Slab 2), respectively. (Image: Company)
ONGC: The 12.5 percent cut in domestic natural gas price is credit negative for ONGC as its earnings will fall by over Rs 1,400 crore, Moody's Investors Service said.
ONGC: The 12.5 percent cut in domestic natural gas price is credit negative for ONGC as its earnings will fall by over Rs 1,400 crore, Moody's Investors Service said. "The decline is equal to 0.3 percent of the company's expected consolidated revenue and around 2 percent of consolidated EBITDA for fiscal 2020, which ends on March 31, 2020," Moody's said in a note. (Image: Reuters)
NTPC: IT has added two power generation units of 660 megawatt (MW) each at Tanda and Khargone thermal power plants. The total installed power generation capacity of NTPC and NTPC group has become 48,645 MW and 57,106 MW, respectively, it added. (Image: Company)
NTPC: IT has added two power generation units of 660 megawatt (MW) each at Tanda and Khargone thermal power plants. The total installed power generation capacity of NTPC and NTPC group has become 48,645 MW and 57,106 MW, respectively, it added. (Image: Company)
Indian Hotels: AB InBev and India Hotels partnered exclusively to launch a chain of microbreweries across key locations in India to launch a premium chain of microbreweries within its marquee hotels across India. This collaboration is worth Rs. 150 crores with plans to open 15 microbreweries over the next 5 years.
Indian Hotels: AB InBev and India Hotels partnered exclusively to launch a chain of microbreweries across key locations in India to launch a premium chain of microbreweries within its marquee hotels across India. This collaboration is worth Rs. 150 crores with plans to open 15 microbreweries over the next 5 years.
National Fertilizers: The company registered 27 lakh MT sale of all fertilizers during Kharif 2019 (April-September) for the first time in its history. This is 25 percent higher than that of the corresponding period of last year. (Image: AP)
National Fertilizers: The company registered 27 lakh MT sale of all fertilizers during Kharif 2019 (April-September) for the first time in its history. This is 25 percent higher than that of the corresponding period of last year. (Image: AP)
UCO Bank: The board approved a proposal for the issue of equity shares on preferential basis to the government against capital infusion of Rs 2,130 crore. The bank has launched three new digital products: UCash, Digilocker and an app.
UCO Bank: The board approved a proposal for the issue of equity shares on preferential basis to the government against capital infusion of Rs 2,130 crore. The bank has launched three new digital products: UCash, Digilocker and an app.
Published : October 04, 2019 07:54 AM IST
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