Keep a watch on these five: February 10

The five stocks that may witness some kind of significant movement on Feb 10 in the markets are: Dabur, Central Bank of India, Aurobindo Pharma and Hindalco Industries, Allahabad Bank. Let’s have a quick look on each of these even as the sessions have kicked off. 

a) Dabur: Dabur’s food business, which accounts for nearly 20% of its revenue has seen a decline oflate due to Nepal political crisis forcing it to close the Nepal manufacturing plant temporarily. Due to the crisis, Dabur’s supply of juices which accounts for 10% of sales was hit. Now the crisis has ended after five months of roadblock, Dabur is expected to meet the demand & supply of juices in that market. Real branded juice commands 62% share in fruit juice market. Dabur may be one of the stocks to watch out for today. 

b) Central Bank of India: Central Bank of India on Tuesday reported a net loss of Rs.836.62 crore for the quarter ended 31 December due to provisions for mounting bad loan. Net profit a year ago was Rs.138 crore. 

c) Aurobindo Pharma: Aurobindo Pharma announced Q3FY16 on Tuesday, It consolidated net profit is up by 39.2% at Rs 534.95 crore. Net Revenue up by 9.2% yoy at Rs.3,432.08 crore. During the previous year on December 4, 2014 the company's US arm Aurobindo Pharma USA Inc had acquired Natrol LLC. The above consolidated results include that of Natrol and therefore the corresponding figures are not comparable, Aurobindo said.  The company has approved third interim dividend of 70% at 70 paise for every share of face value Re 1 for the year 2015-16, it added. 

d) Hindalco Industries: Hindalco Industries announced its Q3FY16 result on Tuesday; it reported standalone net profit is down by 89% in the December quarter on lower price realizations as aluminium prices continued to slide in the global commodity slowdown. 

e) Allahabad Bank: Allahabad Bank Ltd announced its Q3FY16 numbers on Tuesday; it reported a net loss of Rs.486.14 crore for December as it increased bad-loan provisions and earned less interest income. The bank had a profit of Rs.177 crore a year ago. The bank said that it plans to raise Rs 1,000 crore through an issue of preference shares to the government or LIC.