Stocks to Watch October 15

Stocks to Watch: Tuesday, October 15

Here’s a snapshot of key stocks to keep an eye on for today, as per CNBC TV18:

Positive Performers:

1. Reliance Industries (RIL):
   • Q2 profit exceeds estimates.
   • Jio’s ARPU rises 7%, and O2C biz margin expands YoY.
2. Maruti Suzuki:
   • Launched the Baleno Regal Edition across all variants of the New Age Baleno.
3. HCL Tech:
   • Q2 results above estimates.
   • Raises lower-end of CC revenue growth guidance to 3.5%.
4. Indian Oil Corporation (IOC):
   • Set to form a JV with EverEnviro Resource for sustainable energy solutions.
5. CESC:
   • Signs SPA to acquire Deshraj Solar Energy, executing a 300 MW solar PV plant.
6. Angel One:
   • Q2 margin at 44.4% vs. 33.5%, with profit up 45% QoQ.
7. GIC RE:
   • AM Best upgrades financial strength rating to A- (Excellent) from B++ (Good).
8. Sunteck Realty:
   • Q2 pre-sales up 32.7%, collections rise 24.8% YoY.
9. IRCTC:
   • Begins production of 72,000 liters/day from a new rail water unit in Vijayawada.

Underperformers:

1. ONGC/Oil Sector:
   • Brent oil prices fall nearly 3%, dropping below $76 per barrel amid West Asia updates and OPEC demand cuts.
2. Allcargo Terminals:
   • September CFS volumes up 2% YoY but down 6% MoM.
3. Gopal Snacks:
   • Margin at 11.6% vs. 12.7%, with EBITDA down 1.4% YoY.
4. Chalet Hotels:
   • Plans to reverse deferred tax assets and liabilities amounting to ₹203 crore.

These stocks reflect key movements based on earnings reports, strategic decisions, and market updates, making them potential targets for traders and investors today.

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