Overnight Digest: Stocks to look out for on August 2

Shohini Nath
/ Categories: Trending, Markets

The stocks that are likely to witness significant movement on the bourses on August 2 are Zydus Cadila, HEG, TVS Motor, Exide Industries and Emami.

 

Zydus Cadila: The company has informed that they have received USFDA nod for anti-bacterial drug. This development will put the stock in focus on Thursday.

 

HEG: The company has posted a  644 per cent increase in its revenue at Rs. 1595 crore in Q1FY19 as against Rs. 214 crore in Q1FY18. The stock will be watched in Thursday's trading session.

 

TVS Motor: The company reported an 18 per cent increase in total sales at 3,21,179 units in July 2018 increasing from 271,171 units in July 2017.The stock of the company will be in focus on Thursday.

 

Exide Industries: The company in its exchange filing has reported 11.06 per cent rise in its standalone net profit at Rs 209.92 crore for the first quarter ended June 30, 2018-19. It had posted a net profit of Rs 189 crore for the April-June period of last fiscal, 2017-18. The stock will be in highlight on Thursday.

 

Emami: FMCG firm Emami reported a net consolidated net profit of Rs 26.95 crore for Q1FY19  led by growth in revenue and volume as against a consolidated net profit of Rs 0.89 crore during the April-June period a-year ago. The stock will be watched in Thursday's trading session.

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