Stocks to watch: Tata Motors, HCL Technologies, Affle, Adani Green Energy in focus

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Indian markets gained for the third straight session on Monday and touched another record high on October 11, though ended with marginal gains on profit-booking in the final hour of trade. Today, the markets are likely to make negative start after 3-day gains following weakness in global markets. Investors will be eyeing the September CPI Inflation numbers and the Industrial Output for August for further direction. Besides, high oil prices globally continue to remain a concern for the markets world-over. Here is the list of top stocks that could be in focus on October 12.

Tata Motors: Tata Motors Group global wholesales in Q2 FY22, including Jaguar Land Rover, were at 2,51,689 units, higher by 24%, as compared to Q2 FY21.

HCL Technologies: The IT firm has expanded its strategic partnership with Google Cloud to jointly launch healthcare and life sciences solutions for customers.

Adani Green Energy: The company in its provisional operational update for Q2 – FY22 said that sale of energy rose 61% YoY at 1,901 million units in Q2 FY22 from 1,182 million units in Q2 FY21.

PI Industries: PI Industries has executed two joint venture agreements with Polymath Holdings, LLC (Polymath) for undertaking the business of manufacturing and selling the products for Bio Chemistry processes and Bio Chemical enabled pharmaceutical intermediates.

Schaeffler India: The company said that a meeting of board of directors of the company is scheduled to be held on 28 October 2021 to consider sub-division of equity shares of the company.

Ujjivan Small Finance Bank: The lender said its total deposits rose 31% year-on-year to Rs 14,090 crore in Q2 FY22 compared to Rs 10,743 crore last year.

Affle (India): Affle (India) has received 2 patents from US Patent & Trademark Office (US PTO). One patent, bearing Patent no 11157952 and date of issue as of October 26, 2021, is related to the technology of ‘Creating decentralized repository of fraud IPs and publishers using Blockchain’. Another patent, bearing Patent no 11151605 and date of issue as of October 19, 2021, is related to the technology of ‘Click to install behaviour based detection of fraud’. With these two patent grants, Affle now has 6 US Patents granted along with multiple other patents filed and pending across US, India and Singapore.