Overnight Digest: Stocks to look out on November 4

The stocks to watch out on November 4 include Kansai Nerolac, NCC, Tata Power, IndiGo, and Tata Motors.

Kansai Nerolac Paints: On consolidated basis, the company’s net sales decreased by 2.79 per cent YoY to Rs. 1319.57 crores in Q2FY20. The net profit grew by 61.73 per cent YoY to be Rs. 189.92 crores for the same quarter of FY20.

NCC Limited: In October 2019, the company received three new orders, cumulatively amounting to Rs. 973.22 crores from several State Government agencies.

Tata Power: Tata Power Renewable Energy Limited (TPREL), a wholly-owned subsidiary of Tata Power, has been awarded to develop solar project of 150 MW.

IndiGo: India’s aviation regulator Directorate General of Civil Aviation (DGCA) has ordered the airline to ensure that its fleet of Airbus A320neo aircrafts must have the modified Pratt & Whitney engines by January 31, 2020 and failing to do so, they will be grounded.

Tata Motors: For October 2019, the company’s total sales in the domestic market declined by 32 per cent and stood at 39,152 vehicles as compared to 57,710 vehicles in October 2018. The total domestic and international sales stood at 41,354 vehicles in October 2019 against 62,264 units in October 2018.