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Stocks to watch out for on Tuesday

The Indian benchmark indices may open flat to slightly lower on Tuesday amid mixed cues from Asian peers. The SGX Nifty, which was trading at 10,162, suggests that the Nifty may open with a marginal loss of 17 points at the opening bell.

Following are the top stocks to watch out for on Tuesday’s trading session:

Biocon: The US FDA has completed Biocon’s Vishakhapatnam unit inspection with no observations. The stock closed at Rs 357.05 per share, up by Rs 10.2 per share or 2.94% on BSE.

JSW Steel: The company received clearances for two iron ore mines in Karnataka. The stock ended lower by 1.52% or Rs 4.05 per share at Rs 262.55 per share.

Interglobe Aviation: IndiGo airline operator has approved Rs 1,130 per share issue price for qualified institutional placement. The stock ended lower by 1.49% or Rs 17.55 per share at Rs 1,163.75 per share.

Mahindra Lifespaces: The company has tied up with IFC for industrial infrastructure development.

Tata Motors: Tata Sons has offered to buy nearly 1.7% of Tata Motors shares worth Rs 2,000 crore on Tuesday at a premium of 4% over Monday’s closing price, reported a leading news agency.

Muthoot Finance: The company has acquired Muthoot Home Finance for Rs 38.72 crore.

Mahindra Lifespaces: The company has tied up with IFC for industrial infrastructure development.