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Stock to Watch on 9 Aug 2019

9 Aug 2019

For the stock market trading session on August 9, 2019, major support level of Nifty is expected at 10729 and 10639. Whereas, major resistance level is expected at 11,080 to 11,211. With this condition of the markets in mind, here are top stock to watch for August 09th, 2019.

Hindpetro:

Hindustan Petroleum Corporation Limited received a letter on 'Erroneous Shareholding Patterns' from SEBI India's Markets regulator.

Hindustan Petroleum says as per the SEBI direction they will rectify Shareholding pattern and classification of promoters.

BHEL:

The result for June quarter of Bharat Heavy Electricals Limited to be declared on 09th August 2019. So, we can expect a big movement in this stock.

Endurance Technologies Ltd:

Endurance Technologies Ltd profit rises around 43 percent. Net profit rises to Rs. 129 versus Rs. 90.07 crore last year. Revenue increased to 1,361 crore versus 1,315 crore.

BPCL:

Meeting of the board of Directors of the corporation is scheduled to be held on Friday, 09th August 2019, Bharat Petroleum Corporation Limited will announce its quarterly result ended June 30, 2019

Britannia:

Britannia Industries Limited is trading near to sixteen-month low. The company will announce its quarterly result ended June 30, 2019 so we are expecting a big movement in this FMCG stock.

Oil India Limited:

Meeting of the board of Directors of the corporation is scheduled to be held on Friday, Oil India Limited will announce June quarter result on 9th August 2019.

MRF Limited:

MRF Ltd is trading in a narrow range from few couple of days we are expecting a big movement in this stock on Friday as result for June quarter of MRF Limited to be declared on 9th August 2019.

Adani Enterprises Limited:

Adani Enterprises Limited June quarter net profit rises to 601 crores versus 169 crores last year.

Maruti Suzuki India Limited:

On 08th August Nifty Auto Index up around three percent. So, we are expecting volatility in all auto sector stocks.

Ultracemco:

UltraTech Cement Limited June quarter net profit rises to 1,208 crores versus 632 crores last year. Net profits' expectation was 1,072 crores for the quarter ended June 30, 2019.

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