Tata Motors, Coal India among 10 stocks that may hog limelight in Thursday’s trade


Benchmark indices BSE Sensex and NSE Nifty are likely to open in red on Thursday tracking mixed global cues. The BSE Sensex on Wednesday closed 45.97 points up at 26713.93, while Nifty index settled 19.85 points up at 8,179.95.

Below are 10 stocks which are likely to remain in focus

Titan Company: Titan Company Ltd, which sells jewellery under the Tanishq brand, has retained its 15 per cent revenue growth forecast in the segment despite a dip in the previous fiscal.

Tata Motors: Tata Motors on Wednesday reported a 1 per cent growth in sales at 40,071 units in May compared with 39,496 in the same month last year.

Tata Steel: Tata Steel on Wednesday announced completion of sale of its European long steel business, including the giant Scunthorpe plant, to Greybull Capital LLP.

Jyothy Labs: According to reports, Henkel AG may invest in Jyothy Laboratories this year. Henkel had the option to pick up to 26 per cent stake in Jyothy five years after the latter acquired its Indian subsidiary in May 2011.

Sun Pharma: According to American brokerage Jefferies, Sun’s fourth quarter results reflect that the key headwinds to recovery still persist, coupled with pricing pressure.

Eicher Motors: Eicher Motors’ Royal Enfield on Wednesday reported 37 per cent jump in total motorcycle sales at 48,604 units in May. The company had sold 35,354 units in the same month of last year.

Hero MotoCorp: Hero MotoCorp on Wednesday reported a 2.32 per cent increase in sales at 5,83,117 units in May.

VST Tillers: VST Tillers Tractors has reported sales of Power Tillers and Tractors of the company for quarter ended March 31, 2015. The company has sold 1,933 Tractors for quarter ended March 31, 2016 as compared to 1,607 Tractors sold during the same quarter last year.

M&M: Mahindra’s South African subsidiary has launched a new compact utility vehicle in Johannesburg with the company trying to reach out to the youth with its latest offering and capture a bigger market share in the country. The new sporty KUV100, available in petrol and diesel, is the smallest vehicle in Mahindra South Africa’s product range.

Coal India: State-run Coal India today said that it achieved a production of 42.58 million tonnes in May, lower than the target of 44.64 million tonnes (MT) for the month.