Stocks That Will Be In Action On Monday Morning

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Here are stocks that may see renewed action on Monday morning. Some of these have seen a surges in volumes, while others have a corporate action. Take a look:

Equitas Holdings

Equitas Holdings net profits rose 64 per cent at Rs 61 crores in April-June quarter. The numbers were reported after market hours on Saturday. Hence, markets are expected to react to the results on Monday morning.

The stock last closed at Rs 181 on the BSE.

 

 

Rallis India

Rallis India reported four-fold jump in consolidated net profit at Rs 174.20 crore for the quarter ended June 30, 2016. The company had posted a net profit of Rs 42.39 crore in the year-ago period.

The stock may open higher in trade on Monday morning against its closing price of Rs 209.

Havells India

Havells India reported a strong set of quarterly numbers. The Company has posted a net profit of Rs.14.55 crores for the quarter ended June 30, 2016 as compared to Rs 10.68 crores for the quarter ended June 30, 2015. Total Income has increased from Rs.126.93 crores for the quarter ended June 30, 2015 to Rs.149.74 crores for the quarter ended June 30, 2016.

 

 

Canara Bank

This will be the first large PSU bank to report its quarterly numbers on Monday. Analysts would be eagerly watching if there is any improvement in the non performing assets.

Even a slight improvement may send the stock soaring. The stock last closed at Rs 240 on the NSE. Watch for the results.

Just Dial

Just Dial would be closely watched by analysts as the stock is trading at a near 4-month low. Just Dial is trading at Rs 554, against a 4-month low of Rs 534. Any drop to these levels may see further selling pressure in the stock.

Tata Sponge

Tata Sponge is set to declare its results on Monday. The stock is expected to be volatile ahead of its results, like all other stocks ahead of their results.

The shares of Tata Sponge last closed at Rs 638 on the NSE.

Biocon

Biocon maybe another stock that will see some action. The stock has seen a surge in volumes of nearly 8000% last week.

The quarterly numbers declared on Friday were blockbuster with the stock soaring 12 per cent on Friday itself.

Read more about: stocks, havells, rallis
Story first published: Sunday, July 24, 2016, 7:44 [IST]
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