CREATED BY:- SHUBHAM PATIL

Top 10: Idea Cellu-

lar Sanofi in

focusdue to Q1 earnings

Brokers expect the market to remain weak today as well. Here are the stocks

to watch out in today’s trade.

The company’s June quarter earnings

fell short of analyst estimates. The management

said topline growth was impacted due to lower

production and have given flat production guidance for

this financial year.

Cairn India –

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Cairn India

The company’s June quarter revenues grew 29 percent to Rs 2,916 crore and margins expanded 210 basis points (bps). The management said lower other income impacted the company’s profit in this quarter. Idea Cellular – The company’s June quarter revenues grew 8.7 percent to Rs 8,798 crore. Profit after tax (PAT) was Rs 930.8 crore.

Eicher Motor

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.

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Eicher Motor

.

The company had a subdued June quarter with a revenue growth of 8.7 percent to Rs 549 crore and 11.7 percent profit growth to Rs 64.2

crore. The management in-formed

that the company’s board has approved selling of its com-

mercial property in Mumbai, which is expected to be completed by

September this year.

Sanofi

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Sanofi

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Rane Engine Valve

Weak operating performance weighed on first quarter earnings. The company’s

operating margin decreased 3.4 percent. However, the

profit was boosted by exceptional gains through sale of land. Total income

grew 20.9 percent to Rs 86.8

crore.

.

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Rane Engine Valve

.

Two crore shares changed hands on Tuesday, compared to the average delivery volume of 14 lakh shares.

Sun Pharma

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Sun Pharma

Infosys

The company rallied on its earnings in market yesterday. Delivery quantity was 96 lakh shares on Tuesday compared to a 10-day average of 18.3 lakh shares. Zee Entertainment , Ashok Leyland – Both the stocks saw delivery based buy-ing in markets yesterday, which is expected to extend in today’s trade as well

.Infosys

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HUL

The company’s June quarter numbers were lacklustre, but the stock declined on heavy volumes.

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