9 Nov: Stocks to watch out for

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India Daybook – Stocks to watch for:

MUTHOOT FIN Q2: Standalone PAT at Rs 454.1 Cr Vs Rs 296.7 Cr; Standalone Revenue at Rs 1669.9 Cr Vs Rs 1386.2 Cr YoY (Positive)

BOMBAY DYEING Q2: PAT at Rs 52.8 Cr Vs loss of Rs 36.6 Cr; Revenue at Rs 692.2 Cr Vs Rs 513.6 Cr YoY (Positive)

FUTURE CONSUMER Q2: Net profit at Rs 8.6 Cr Vs loss of Rs 4 lakh YoY; Revenue at Rs 616.0 Cr Vs Rs 438.0 Cr YoY (Positive)

ITD CEM Q2: Net profit at Rs 19.1 Cr Vs Rs 7.8 CR YoY; Revenue at Rs 417.0 Cr Vs Rs 449.0 Cr YoY (Positive)

TRIVENI Q2: Consol PAT at Rs 100.6 Cr Vs Rs 67.9 Cr; Consol Revenue at Rs 1006.0 Cr Vs Rs 679.0 Cr YoY (Positive)

HINDALCO Q2 (Standalone) Revenue at Rs 10495 cr Vs poll of Rs 10409 cr; Net profit at Rs 393 cr Vs poll of Rs 477 cr. Net profit of Novelis at 307 million USD versus loss of 89 million USD (Positive)

IOC’s Singapore Unit Starts Oil Trading With Nigerian Akpo Buy (Positive)

IRB in Talks With Foreign Investors to Partner for Project Bids (Positive)

Balkrishna Industries: 2Q net beats estimates; to issue free share (Positive)

Finolex Cables: 2Q net income 996.7m rupees vs est. 1.06b (Neutral)

HCL Infosystems: Gets tax demand notice for 3.12b rupees (Negative)

TAKE Q2: PAT Rs 37.4 Cr Vs Rs 32.3 Cr YoY, Revenue from Ops Rs 372.0 Cr Vs Rs 331.0 Cr YoY (Neutral)

PIDILITE Q2: PAT Rs 252.0 Cr Vs poll of Rs 226.0 Cr YoY, Revenue from Ops Rs 1563.0 Cr Vs poll of Rs 1464.0 Cr YoY (Neutral)

VOLTAS Q2: PAT Rs 95.0 Cr Vs poll of Rs 92.0 Cr YoY, Revenue from Ops Rs 1087.0 Cr Vs poll of Rs 1078.0 Cr YoY (Neutral)

GSFC Q2: PAT Rs 79.2 Cr Vs Rs 125.0 Cr YoY, Revenue from Ops Rs 1540.0 Cr Vs Rs 1638.0 Cr YoY (Negative)

GAEL Q2: PAT Rs 20.9 Cr Vs Rs 29.8 Cr YoY, Revenue from Ops Rs 770.0 Cr Vs Rs 642.0 Cr YoY (Negative)

JKLAKSHMI CEM Q2: PAT Rs 13.0 Cr Vs Rs 25.0 Cr YoY, Revenue from Ops Rs 1677.8 Cr Vs Rs 1432.8 Cr YoY (Negative)

JINDAL DRILL Q2: PAT Rs 2.3 Cr Vs Rs 5.5 Cr YoY, Revenue Rs 39.3 Cr Vs Rs 109.7 Cr YoY (Negative)

VARDHMAN TEX Q2: PAT Rs 131.6 Cr Vs Rs 481.0 Cr YoY, Revenue Rs 1450 Cr Vs Rs 1817 Cr YoY (Negative)

THERMAX Q2: PAT Rs 56.8 Cr Vs Rs 78.3 Cr YoY, Revenue Rs 1033 Cr Vs Rs 1095 Cr YoY (Negative)

CESC is emerging a pure play on power reform, says CLSA; Maintains BUY on stock with tgt at Rs 1,200/sh (Positive)

Across the board upgrades for Petronet; Morgan Stanley Maintains Attractive rating on stock with tgt at Rs 306/sh (Positive)

CLSA on Bharat Forge; Growth momentum picking up & Raise FY18-20 EPS estimates by 2-5%, Maintain Buy on stock, with tgt at Rs 905/sh (Positive)

CLSA on Prestige Estates; Weak H1, but management confident of strong H2, Maintains BUY on stock, with target at Rs 339/sh (Positive)

CLSA; Shree Cements reported better than expected Q2 results, Maintain underperform on stock, with tgt at Rs 19,500/sh (Neutral)

Kotak Sec on Thermax; Lower other income & higher tax rate led to sharp PAT decline, Have reduce rating with a target of Rs 890/sh (Negative)