Markets would track stocks of IOC, Eicher Motors, Ashok Leyland, Apollo Tyres which are among a few top companies that set to report June quarter (Q1FY20) results on Wednesday, July-31. Also, Axis Bank has reported its result after market hours Tuesday.
Indian Oil Corporation Ltd (IOC): The stock, on Tuesday, closed at Rs133.30-per share, down by 3.58%, from its previous closing on the NSE.
Also, in another development, IOC together with its partner AdaniGas Ltd, is planning to invest about Rs.9600-Cr for infrastructure required for retailing Compressed Natural Gas to automobiles as well as piped-natural-gas to house-holders in about 10 towns.
Eicher Motors Ltd: The shares closed at Rs.16252.00-apiece, up by 0.83% on the NSE, on Tuesday.
Ashok Leyland Ltd : The stock closed at Rs.68.20-per share, down by 4.82% on the NSE on Tuesday.
Apollo Tyres Ltd: The stock closed at Rs.149.35-per share, down by 3.24% on the NSE, on Tuesday.
Axis Bank, Tech Mahindra & HeroMotoCorp: In addition, the top Corporates such as Axis Bank, Tech Mahindra & Hero MotoCorp have reported its results yesterday after market hours and the investor’s reaction on these stocks will be watched out in today’s (Wednesday) trading session.