Stocks to watch: TCS, Hero MotoCorp, Oberoi Realty, JSW Energy, TCS

Indian markets rebounded sharply on Thursday after a day’s breather propelled by buying across sectors, as investors’ appetite for risk improved globally. Today, markets are likely to continue their previous session gaining momentum with positive start following broadly positive cues. Dalal Street will look forward to the RBI Governor’s address on Friday morning where he will announce the outcome of the Monetary Policy Committee’s (MPC) three-day deliberations. The central bank is expected to maintain the status quo and keep interest rates low along with its accommodative stance. Here is the list of top stocks that could be in focus on October 8.

Piramal Enterprises: The company on Thursday said its board has approved a composite scheme of arrangement providing for the demerger of its pharmaceuticals business and simplification of the corporate structure to create two listed entities in financial services and pharmaceuticals.

Oberoi Realty: Oberoi Realty said it sold 200 units in the July-September quarter compared to 45 units last year. In terms of volume, it sold 4.43 lakh square feet in the second quarter, compared to 1.30 lakh square feet in the corresponding period of the previous year.

JSW Energy: JSW Energy has signed a contract with GE Renewable Energy for procurement of 810 MW of
onshore wind turbines for the company’s under-construction pipeline of renewable energy
projects.

Ratnamani Metals & Tubes: The company has received a new order of Rs 98 crore (excluding GST) for supply of Carbon Steel Pipes from domestic Oil & Gas Sector, to be executed in 5 to 12 months.

TCS: IT major Tata Consultancy Services (TCS) will announce its Q2 September 2021 earnings today, 8 October 2021.

Hero MotoCorp: The company launched the all-new XPulse 200 4 Valve. The new XPulse 200 4 Valve is an
addition to the X-range of premium portfolio of Hero MotoCorp.