Tata Steel

Shares in Tata Steel maybe extremely volatile, following the company's quarterly numbers that it reported, wherein there were losses.

The company reported a consolidated net loss of Rs 49.38 crore for the quarter ending September 30, 2016-17. It had posted net profit of Rs 5,609.43 crore in the same quarter of last fiscal 2015-16. The total consolidated income of the steel giant rose marginally to Rs 27,471.15 crore in July-September quarter of the current fiscal, from Rs 27,456.30 crore a year ago. Tata Steel had reported consolidated net loss of Rs 3,183.07 crore in the April-June quarter.

Mahindra and Mahindra

Shares in Mahindra and Mahindra are also expected to react to results. The company reported a standalone net profit to Rs 1,163.27 crore for the second quarter ended September 30, 2016. The company had posted standalone net profit of Rs 915.38 crore in the same quarter last fiscal. The shares may react positively, but, much would depend on the market sentiments.

Bhel

Capital goods major, Bharat Heavy may react to the weakish IIP data. India's factory output or IIP data as it is more popularly known, grew 0.7 percent in September, recovering only marginally from the previous month's fall of (-) 0.7 percent. The capital goods output, which is important for a capital good player like Bhel, contracted for the 11th straight month, as investment activity continued to fall.

SBI

Though the State Bank of State Bank declared its quarterly results even before closing of the market hours the stock is expected to be volatile, as investor digest the results. The country's largest lender reported a net profit of Rs 2,538 crores for the quarter ending Sept 30, 2016, as against Rs 3,879 crores for the quarter ended September 30, 2015.

Andhra Bank

The Bank has posted a net profit of Rs. 51.4 crores for the quarter ended September 30, 2016 as compared to Rs. 251.2 crores for the quarter ended September 30, 2015. Total Income has increased from Rs. 474.41 crores for the quarter ended September 30, 2015 to Rs. 504.26 crores for the quarter ended September 30, 2016.

Larsen and Toubro

Shares in Larsen and Toubro may also react to poor IIP numbers. Though it is not strictly a capital goods player, it does react to IIP numbers.