The stocks that are likely to witness significant movement on the bourses on February 5 are Lupin, Havells, Darjeeling Ropeway, Wipro and Indian Overseas Bank

In the quarter, Insecticides reported EBITDA of Rs. 32 crore which represent growth of almost 39 per cent from corresponding quarter of previous year. With better product mix the company managed to improve its EBITDA margin to 14.8 per cent in Q3FY19 from 13.1 per cent in Q3FY18. 

The watch company reported strong numbers for the December quarter with profits up by 35 per cent and net sales up 34 per cent. The stock hit its 52-week high during the day and closed as the top gainer on Nifty50, up 3.45 per cent on Monday.

Lumax Industries Limited, a D.K Jain Group company, reported a consolidated PAT of Rs. 48.62 crore for the quarter ended December 2018. The company boasted its market share in the Indian Automobile Lighting Business to more than 60 per cent.

Auto majors reported mixed set of sales numbers for the month ended January 2019. With this, Nifty Auto struggled and made an intraday low of 8,325.75, down by 59.05 points at 14:47 hours.

Latest IPO Xelpmoc Design & Tech Limited listed on BSE at a 15 per cent discount at Rs. 56 per share compared to the higher end of its issue price of Rs. 66 per share. In the afternoon session, the stock recovered and was quoting Rs. 58 per share, down 12 per cent from its issue price. 

The recent spate of liquidity issue in some of the corporates has again spooked the debt MF market. Investing in debt schemes that invest in the highest grade of paper makes sense now. 

Fund houses are flooding Fixed Maturity Plans in the markets. So should you consider investing in them? Let’s find out.

Following stocks are close to their 52-week low as at 12.46 p.m. on February 4, 2019.

IndoStar Capital has signed a binding agreement to acquire the commercial vehicle (CV) finance business of India Infoline Finance Limited (IIFL Finance).