🔹 *Stocks to watch for*

AIA Engineering (Q1, YoY): Revenue up 25.5 percent at Rs 715.2 crore. Net profit up 18.6 percent at Rs 105 crore. (Positive)

Liberty Shoes (Q1, YoY): Revenue up 19.9 percent at Rs 146.2 crore. Net profit at Rs 2.3 crore versus Rs 1.1 crore (Positive)

Jinddal Steel Q1 net profit at Rs 180.8 cr Vs loss of Rs 387.1 cr (YoY) & revenue up 70.5% at Rs 9,665.4 cr Vs Rs 5,668.2 cr (YoY) (Positive)

Zensar Technologies (Q1, QoQ): Revenue up 11 percent at Rs 904.7 crore. Net profit up 13.1 percent at Rs 82.2 crore. (Positive)

Coffee Day Enterprises (Q1, YoY): Revenue up 20.2 percent at Rs 979.1 crore. Net profit up 12.6 percent at Rs 17 crore. (Positive)

PNB Housing Finance (Q1, YoY): Net interest income up 28 percent at Rs 432.8 crore. Net profit up 38.2 percent at Rs 235.1 crore. (Positive)

VA Tech Wabag (Q1, YoY): Revenue up 2.9 percent at Rs 687.9 crore. Net profit at Rs 13 crore versus Rs 8.4 crore. (Positive)

Capacit’e Infraprojects: 1Q profit 227.3m rupees vs 160.9m yr ago (Positive)

63 Moons Technologies: 1Q profit 349.8m rupees vs 284.7m yr ago (Positive)

SBI gets approval of ECCB (Executive Committ,ee of Central Board) to explore & initiate the process of divestment up to 4% of stake of SBI in SBI General Insurance Co (Positive)

SEBI directs Vakrangee promoter to make open offer within 45 days for violations of takeover norms. (Positive)

Auditors give four qualifications to Fortis Healthcare’s quarterly report. (Positive)

Vikas WSP receives order worth Rs 219.36 crore from its MNC clients. (Positive)

HSIL starts commercial production of its first phase of pipes and fittings plant in Telangana. (Positive)

GMR Infra issues LOIA to L&T for Rs 3028 crore for expanding Hyderabad airport. (Positive)

IDBI Bank sells 12.5 lakh shares (2.5 percent) of Clearing Corporation of India Ltd. (Positive)

Eicher Motors (Q1, YoY): Revenue up 27 percent at Rs 2547 crore. Net profit up 25 percent at Rs 576 crore. (Neutral)

Taro Pharma (Sun Pharma’s subsidiary) Q1 (YoY): Net sales down 4 percent at $155 million. Net profit up 24 percent at $67 million. (Neutral)

Aurobindo Pharma Q1 net profit at Rs 455.6 cr Vs poll of Rs 542.5 cr (Negative)

Tata Communications: 1Q loss 584.9m rupees vs 322.5m profit yr ago (Negative)

Himatsingka Seide (Q1, YoY): Revenue up 13.9 percent at Rs 582.6 crore. Net profit down 11.9 percent at Rs 44.6 crore. (Negative)

India’s serious frauds agency arrests former Bhushan Steel MD Neeraj Singhal. (Negative)

Jet Airways board audit committee does not approve financial results. (Negative)

Credit Suisse on Eicher: Upgraded to ‘Neutral’ from ‘Underperform’; raised price target to Rs 27,000 from Rs 26,200. June quarterly results were largely in line with estimates and pretty similar to previous quarter. (Positive)

Macquarie on Eicher:  Maintained ‘Outperform’ with a price target of Rs 37,000. June quarter’s operating income was ahead of estimates. (Positive)

Morgan Stanley on TCS: Maintained ‘Overweight’ with a price target of Rs 2,100. Believe products and platforms are becoming a key differentiator for TCS. (Positive)

Macquarie on Phoenix Mills: Maintained ‘Outperform’ with a price target of Rs 732. June quarter was strong as rent growth seen across malls. (Positive)

Macquarie on NALCO:  Upgraded to ‘Outperform’ from ‘Neutral’; raised price target to Rs 82 from Rs 77. Strong Alumina prices drive June quarter’s growth. (Positive)

Citi on JSPL: Maintained ‘Buy’ with a price target of Rs 401. Strong Ebitda and cash generation in June quarter. (Positive)

Credit Suisse on Page Industries: Maintained ‘Underperform’; raised price target to Rs 26,000 from Rs 21,300. June quarter’s net profit was significantly ahead of estimates. (Positive)

CLSA on Varun Beverages: Maintained ‘Buy’; raise price target to Rs 930 from Rs 885. June quarter results were ahead of estimates. (Positive)

CLSA on Eicher: Maintained ‘Buy’; cut price target to Rs 36,150 from Rs 39,300. June quarter’s operating income was inline; Royal Enfield margins expand despite commodity pric