Stocks To Trade

Stocks To Trade

Coal India Signs MoU to Set Up 1,190 MW Solar Plant in Rajasthan

Infosys Hikes Sales Outlook, Defying Recession Fears

Expects revenue to grow by 15%-16% vs 14%-16% in FY23

Singapore Airlines, Tata in Talks on Vistara, Air India Pact

Reliance Said to Be Sole Bidder For Metro’s India Business (1)

CP Group had also been in discussions for $1.2b unit

Adani Transmission’s S&P Rating Withdrawn at Firm’s Request 

Global Funds Sell Net INR16.4B of India Stocks on Thursday: NSE

Domestic funds buy net 7.53b rupees of stocks

NHAI InvIT looks to raise additional INR38b, Nitin Gadkari: PTI

EAM Jaishankar to pay two-day visit to Egypt: PTI

Highway construction slows to 19.44 km/day during April-Sept: PTI

12pm: India Sept. Wholesale Price Inflation Y/y, est. 11.30%, prior 12.41%

10/14-10/17: India Sept. Trade Balance, est. - $26.6b, prior -$28b

India September Exports Y/y; prior 1.6%

India September Imports Y/y; prior 37.3%

Cyient (CYL):2Q net income -35% Y/y to 791m rupees, mises est. 1.2b; revenue +26% to 14b; to pay INR10/share dividend

HDFC Life Insurance (HDFCLIFE): Gets IRDAI’s final approvals for Exide Life merger with the company

Infosys (INFO): 2Q net income +11% Y/y to 60.2b rupees, beats est. 59.02b; revenue +23% to 365.4b; dividend INR16.50/shr; approves share buyback of 93b rupees at up to INR1,850/share via open market

Mindtree (MTCL): 2Q net income +28% Y/y to 5.09b rupees, beats estimate 4.77b

NLC India (NLC): In pact with BHEL for lignite gasification technology