5 Stocks To Watch: ITC, Maruti, JSW Steel, Motherson Sumi, Ashok Ley | Editorji
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5 Stocks To Watch: ITC, Maruti, JSW Steel, Motherson Sumi, Ashok Ley

Jun 02, 2021 09:58 IST | By Editorji News Desk

As the markets remain rangebound amid tepid global cues here are 5 stocks you need to keep an eye on in trade-:

  • ITC: Q4 Profit down 1.3% as sharper-than-expected raw material cost added pressure, CLSA maintains a BUY but cuts price target to Rs 265/share.
  • Maruti: Sales declines over 70% in May vs April, Exports as well slump 35% underperforming peers. 
  • Ashok Leyland: 66% drop in sales in May vs April, underperperformed the industry which saw a 47% drop in sales in May (MoM). 
  • Motherson Sumi: Earnings today, Profit seen rising nearly 3 times to Rs 610 cr. Stock up over 50% in the last 6 months. 
  • JSW Steel: Steel price hikes kick off, company announced a significant hike in list prices of HRC by Rs 3,150/t

5 Stocks To Watch: ITC, Maruti, JSW Steel, Motherson Sumi, Ashok Ley

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