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Stocks to watch out for on Tuesday

Stocks to watch out for on Tuesday
InterGlobe Aviation: IndiGo would replace the industry’s traditional sale-and-leaseback model for aircraft financing with outright purchases for some of its future fleet additions, underscoring the focus on cutting total ownerships expenses by the low-cost airline that Monday posted the biggest-ever quarterly profit in Indian aviation.

HDFC: HDFC Life-Max Insurance deal called off.

Tech Mahindra: Tech Mahindra’s Q1 profit beat market expectations amid a tough environment helped by deferment in wage hikes and higher forex gains.

GAIL India: The CCI is investigating at least seven cases of alleged abuse of dominance by GAIL in dealing with its customers, the outcome of which could potentially redraw the rules of the gas marketing business in India. The Commission has clubbed for investigation two cases from this year and five from the previous year, reported a daily.

Colgate, HUL: Patanjali’s Dant Kanti has outpaced Hindustan Unilever’s Pepsodent, Colgate’s Active Salt and GlaxoSmithKline’s Sensodyne after nearly trebling its share in the oral care segment over the past year.

ICICI Prudential: SAT has raised objections against IRDAI order on merger with Sahara Life.

Auto stocks: Market participants will be focussing on how well the automakers have boosted their sales post GST.