In News

Stocks in News

Bombay Dyeing: The company reported consolidated loss at Rs 107.9 crore in Q1FY22 against loss of Rs 129.1 crore in Q1FY21, revenue jumped to Rs 380.8 crore from Rs 91.2 crore YoY. 

Shree Cement: The company reported sharply higher profit at Rs 661.7 crore in Q1FY22 against Rs 370.8 crore in Q1FY21, revenue jumped to Rs 3,449.5 crore from Rs 2,332.4 crore YoY. 

Motilal Oswal Financial Services: ICRA upgraded the credit rating on long term debt instruments of Motilal Oswal Home Finance, a material subsidiary of the company to 'AA-/Stable' from 'A+/Stable'. 

Texmo Pipes and Products: The company has received orders from multiple contractors of HDPE Pipes worth Rs 121.59 crore to be executed within 6-7 months. 

Timken India: The company reported higher profit at Rs 56.72 crore in Q1FY22 against Rs 3.15 crore in Q1FY21, revenue jumped to Rs 467.85 crore from Rs 160.23 crore YoY. 

Tata Investment Corporation: The company reported higher consolidated profit at Rs 53.89 crore in Q1FY22 against Rs 18.40 crore in Q1FY21, revenue jumped to Rs 61.90 crore from Rs 30.90 crore YoY.

Results & Analysts & Investors Meeting

Results

Results on August 10: Zomato, Coal India, Lupin, Power Grid Corporation of India, Aarti Surfactants, Ahluwalia Contracts (India), Aarey Drugs & Pharmaceuticals, Ashoka Buildcon, Balaji Telefilms, Mrs Bectors Food Specialities, Brookfield India Real Estate Trust REIT, Computer Age Management Services, Capacite Infraprojects, Century Plyboards, Chalet Hotels, Cochin Shipyard, Deepak Fertilisers, Eveready Industries, Galaxy Surfactants, Godrej Agrovet, Heranba Industries, Infibeam Avenues, IRB Infrastructure Developers, Jindal Steel & Power, Krishna Institute of Medical Sciences, Linde India, Manappuram Finance, Max Financial Services, Motherson Sumi Systems, Prestige Estates Projects, Pricol, Reliance Infrastructure, Sequent Scientific, Siemens, Spencers Retail, Trent, Tata Teleservices (Maharashtra), Whirlpool of India, and Wonderla Holidays will release quarterly earnings on August 10. 

Analysts/Investors Meeting

HeidelbergCement India: The company's officials will meet representatives of Franklin Templeton and Global Alpha Capital Management on August 10. 

Nippon Life India Asset Management: The company's officials will meet analysts and investors on August 10, in a Emkay Confluence - Ideas for Tomorrow, and August 26 in DART India Virtual Conference Series 2021. 

Ceat: The company's officials will meet investors and analysts on August 10 & 11, in Emkay Annual Flagship Investor Conference 2021 - Ideas for Tomorrow, and August 24 in Edelweiss Auto Ancillary e-Conference. 

Mahindra & Mahindra: The company's officials will meet several funds and investors on August 11, in Emkay Virtual Investor Conference. 

Nath Bio-Genes (India): The company's officials will meet analysts and investors on August 11, to discuss Q1FY22 earnings. 

Suryoday Small Finance Bank: The company's officials will meet analysts and investors on August 12, to discuss the financial results. 

Kirloskar Oil Engines: The company's officials will meet analysts and investors on August 13, to discuss its Q1FY22 financial results.

Key Events

Here are some key events to watch out for this week:

Cleveland Fed President Loretta Mester; Kansas City Fed President Esther George among Fed speakers through the week

The U.S. consumer price index on Wednesday is forecast to show prices increased again in July

OPEC Monthly Oil Market Report due Thursday

These are the main moves in markets:

Stocks

The S&P 500 was little changed as of 4:01 p.m. New York time

The Nasdaq 100 rose 0.2%

The Dow Jones Industrial Average fell 0.3%

The MSCI World index was little changed

Currencies

The Bloomberg Dollar Spot Index rose 0.2%

The euro fell 0.2% to $1.1736

The British pound fell 0.2% to $1.3848

The Japanese yen was little changed at 110.32 per dollar

Bonds

The yield on 10-year Treasuries advanced three basis points to 1.32%

Germany’s 10-year yield was little changed at -0.46%

Britain’s 10-year yield declined three basis points to 0.58%

Commodities

West Texas Intermediate crude fell 2.2% to $66.78 a barrel

Gold futures fell 1.8% to $1,731.40 an ounce