Stocks To Watch Out For On Monday Morning

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Markets are expected to be rangebound next week, as they have seen a sharp run-up in the last few days. Here are a number of stocks that could be in the limelight on Monday.

Hindalco

This a highly volatile metal stock, which is slated to declare its results on Monday morning. The results this time are expected to be pretty good for the aluminium major. It is important to note that the stock last closed at Rs 182 on the NSE and is not very far away from its 52-week high of Rs 198. So, and entry in the stock at the current levels could be a risky bet.

Check stock quote of Hindalco here

NMDC

This is another metal stock, but, this time more into mining or iron ore. NMDC is not a very volatile stock, but, investors will watch for the dividends to be declared by the company. NMDC shares tend to yield a dividend of as much as 6 per cent, which is not bad in the present context. So, investors will keenly await the dividend that the company would declare. Not a bad stock to own considering the cash rich status of the company. Check stock quote of NMDC here

Infosys

Infosys is another stock that is expected to be volatile, given the tussle between the owner promoters of the company and the board of directors. The stock has rallied last week, amidst hopes of a buy back and general buying that we saw in IT stocks. The shares ended at Rs 956 on the NSE and it would be interesting to see where the same is headed. Check stock quote of Infosys here

Hindustan Petroleum

This is a stock that is going to have another blockbuster quarterly performance. The company has hugely benefited from the low crude prices in the past and this quarter the story is unlikely to change. The yield on the stock is also not too bad and as long as crude prices are low, the stock is likely to gain. Not bad also in terms of dividend yields.

Motherson Sumi

This global auto ancillary player is also likely to see some volatility in share prices ahead of its results. The stock of the company had fallen last year when Volkswagon ran into some emission related scandal. The company is a big supplier to the Volkswagon group.

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