Bulls are back after a one day break with big bets on trading favourites as Sensex and Nifty move up on strong global cues. Here are the stocks you need to watch out for-:
- IDFC: RBI allows promoter IDFC to exit IDFC First Bank as five-year lock-in period ends
- Jubilant Food: Better than expected Q1 earnings, Sales growth of 131%. HSBC, Kotak Instl Equities retain bullish Buy call on the stock
- Bajaj Finance: Stock gains despite weak Q1 as brokerages see asset quality concerns to be well contained. IIFL raises EPS outlook for next two years
- Indiabulls Housing: Regulatory filings showed that Rakesh Jhunjhunwala picked 2.2% stake in the company in the quarter gone by.
- Network 18 Media: Q1 turns around to net profit of Rs9.57cr against net loss of Rs-62.2cr year ago