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Top six stocks to watch out for on Tuesday

Following are the top six stocks to watch out for on Tuesday.

HUDCO: Housing and Urban Development Corporation (HUDCO) on Monday posted reported 52% YoY rise in net profit at Rs 211 crore in Q1FY18.

Idea Cellular: CCI has approved the proposed merger between Vodafone India and Idea Cellular. Both companies will have a combined base of nearly 400 million customers and 41% revenue market share.

Triveni Engineering: National Green Tribunal has allowed the company to carry on manufacturing activities at their distillery in UP.

Vedanta: The company is set to declare its Q1FY18 earnings on Tuesday.

IOB, CBI and Syndicate Bank: Global ratings agency Moody’s Investors Service on Monday downgraded the long term local and foreign currency bank deposit ratings of IOB and CBI to Ba3 from Ba1.

Ratnamani Metals: The company bagged two new orders for supply of HSAW Pipes aggregating to Rs 339 crore.