Dr Reddy's reported a 7% decline in its consolidated net profit at Rs 574.5 crore
Coal India is likely to see some pressure today as the government has fixed a floor price of Rs 358 a share for its up to 10% stake sale in Coal India today. This is a 4.6% discount to the closing price of Rs 375.15 for the company's shares on Thursday.
Vedanta promoted Sesa Sterlite posted 11% dip in consolidated profit after tax during the third quarter of the current fiscal at Rs 1,588 crore subdued oil prices lowered income.
Bharti Airtel is applying for a payments bank license and has linked in Kotak Mahindra Bank as a potential investor in the venture, in a bid to tap significant revenue opportunities from the Reserve Bank of India's financial inclusion initiative. Both stocks are likely to in focus today.
SKS Micro-finance reported nearly two-fold increase in net profit at Rs 41.1 crore for October-December quarter and also said it will seek license from RBI for setting up a small finance bank, shares of SKS are likely to extend gains.
Dr Reddy's reported a 7% decline in its consolidated net profit at Rs 574.5 crore for the third quarter ended December 31, 2014 on account of impairments, but still better than street estimates considering the humongous exposure it has to Russian markets.
NTPC would be on traders' radar today as reports suggest that the company has shortlisted power plants of GVK, Essar and Avantha out of 32 proposals it received from private electricity producers eager to sell stakes to the state-run behemoth, which is willing to invest as much as Rs 10,000 crore to acquire minority interest in stranded projects.
HCL Technologies is expected to report 5.3% QoQ fall in net profit to Rs 1772.70 crore for the quarter ended December 31, as compared to Rs 1873 crore reported in the year-ago period.
Hinduja group flagship Ashok Leyland posted a net profit of Rs 32.09 crore for the third quarter ended December 31, primarily on account of buying ahead of the excise duty hike.
Ajit Gulabchand led HCC's net profit soared to Rs 27.1 crore in the third quarter of 2014-15 from Rs 5.4 crore a year ago, driven primarily by receipt of payments from arbitration with its clients.
Coal India is likely to see some pressure today as the government has fixed a floor price of Rs 358 a share for its up to 10% stake sale in Coal India today. This is a 4.6% discount to the closing price of Rs 375.15 for the company's shares on Thursday.
Vedanta promoted Sesa Sterlite posted 11% dip in consolidated profit after tax during the third quarter of the current fiscal at Rs 1,588 crore subdued oil prices lowered income.
Bharti Airtel is applying for a payments bank license and has linked in Kotak Mahindra Bank as a potential investor in the venture, in a bid to tap significant revenue opportunities from the Reserve Bank of India's financial inclusion initiative. Both stocks are likely to in focus today.
SKS Micro-finance reported nearly two-fold increase in net profit at Rs 41.1 crore for October-December quarter and also said it will seek license from RBI for setting up a small finance bank, shares of SKS are likely to extend gains.
Dr Reddy's reported a 7% decline in its consolidated net profit at Rs 574.5 crore for the third quarter ended December 31, 2014 on account of impairments, but still better than street estimates considering the humongous exposure it has to Russian markets.
NTPC would be on traders' radar today as reports suggest that the company has shortlisted power plants of GVK, Essar and Avantha out of 32 proposals it received from private electricity producers eager to sell stakes to the state-run behemoth, which is willing to invest as much as Rs 10,000 crore to acquire minority interest in stranded projects.
HCL Technologies is expected to report 5.3% QoQ fall in net profit to Rs 1772.70 crore for the quarter ended December 31, as compared to Rs 1873 crore reported in the year-ago period.
Hinduja group flagship Ashok Leyland posted a net profit of Rs 32.09 crore for the third quarter ended December 31, primarily on account of buying ahead of the excise duty hike.
Ajit Gulabchand led HCC's net profit soared to Rs 27.1 crore in the third quarter of 2014-15 from Rs 5.4 crore a year ago, driven primarily by receipt of payments from arbitration with its clients.
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