Stocks to be watched: Global sentiment is beating with heavy sales in the US market and the Asian market on Thursday. Meanwhile, a 2 percent decline in SGX Nifty Futures to 15,908 at 7:31 am showing the opening of the gap-down gaps for Nifty50 and Sensex on Thursday. Stocks such as Ashok Leyland, ITC, BPCL, Bosch, Dr. Reddy’s laboratory, Interglobe flights will be the focus today. The following are the top stocks that must be considered in today’s trading –

Ashok Leyland, Bosch, Container Corporation of India, Dr. Reddy’s Laboratories, Ujjivan Financial Services | These companies will report their quarterly income today.

ITC | The cigarette maker reported a leap of 11.8 percent yoy in net profit at RS 4,191 Crore for the fourth quarter ended on March 31, 2022, due to strong growth in all operating segments. The total revenue reached RS 15,530.8 Crore during the reviewed period, up 16.8 percent of RS 13,294.7 Crore in the appropriate period of the previous fiscal.

Ujjivan Small Finance Bank | The lender after facing headwinds in the middle of Pandemi Covid-19, mapped more balanced growth paths by increasing the loan book that was secured to 50 percent of total assets for the next two or three years.

Bharat Petroleum Corporation Ltd | CNBC-TV18 has learned that the government has stopped BPCL divestment because it does not want a single bidder to dictate narratives. This center is also not interested in partial divestment.

Interglobe Flights | The Board of Directors of the Interglobe Aviation Ltd, the Indigo parent company, on Wednesday appointed Pieter Elbers as Chief Executive Officer (CEO), subject to regulation approval. He will join Indigo on or before October 1, 2022. He replaces Ronojoy Dutta (71) who has decided to retire on September 30, 2022, after guiding Indigo through the Turbulent Covid period.

Indian foreign bank | State -owned banks reported a leap of almost 58 percent in net profit at RS 552 Crore in the quarter ended in March 2022, mainly due to lower provision for poor loans. There is an increase in the quality of assets.

INDRAPRASTHA GAS | IGL reported an increase in net profit of 9.24 percent to RS 361.60 Crore in the quarter ended in March 2022 compared to RS 331.00 Crore during the previous quarter which ended in March 2021. Revenue rose 55.16 percent to 2,405.92 crore in the quarter which ended in March 2022.

Sugar Stock | Sugar stocks such as Triveni Engineering, Uttam Sugar Mills, Bajaj Hindusthan, Balrika Chini will be the focus after the government approves the National Policy Amendment to Biofuel, 2018, to advance the date where the fuel company must increase the percentage of ethanol in fuel, up to 20 percent, from from 2030 to 2025. The policy of introducing 20 percent of ethanol will be valid from April 1, 2023.

Manappuram Finance | Manappuram Finance reported a 44 percent decline in his net profit for the March quarter to RS 261 Crore to the estimated analyst of RS 451 Crore a year ago. Income dropped 9 percent yoy to 1,480 crore hospitals.

Lic Housing Finance | Lic Housing Finance reported a surge in a net profit of 174 percent for the March quarter to RS 1,114 Crore from RS 406 Crore a year ago. Revenue for the quarter rose 6.3 percent yoy to RS 5,207.53 Crore.