Check out the companies which will be in focus during trade today based on recent and latest news developments
Federal Bank: The bank reported a 35.8 per cent fall in its net profit at Rs.141.39 crore for the first quarter ended June 30, 2015, against Rs.220.23 crore in the corresponding period of the previous year.
Titagarh Wagons Ltd: The company said HDFC Mutual Fund has acquired over 98 lakh shares in the company, a deal that could be worth more than Rs. 103 crore, as per media report.
Torrent Pharmaceuticals: The pharma company said that it has completed acquisition of Encore Group firm Zyg Pharma Pvt Ltd.
Tata Motors: The company has earmarked Rs.388 billion as capital expenditure for the current financial year.
Rashtriya Chemicals & Fertilizers: The company is planning to invest Rs 363 crore for reducing consumption of energy at its two urea-ammonia units in Thal in Maharashtra.
ACC: The company reported a 45 per cent drop in its consolidated net profit at Rs. 133.5 crore for the second quarter ended June 30, on account of challenging market conditions and subdued demand.
Omkar Speciality Chemicals Ltd: The company reported 64.41 per cent jump in net profit at Rs. 8.17 crore in the first quarter ended June 30 compared with Rs 4.97 crore in the same period of last fiscal.
DLF: CBI has sought information from markets regulator Sebi on the DLF case, referring to the investigation and a subsequent three-year ban on the real estate company.
SBI, JSW Steel, Ashok Leyland: Fund-raising from institutional investors seems to be gaining favour among listed companies as a large number of firms, including SBI, JSW Steel and Ashok Leyland, have lined up plans to raise over Rs. 55,000 crore through the route, as per media report.
Punj Lloyd: The company has transferred all of its defence manufacturing operations to a subsidiary company for Rs.180 crore, as per media reports.
CARE: The rating company reported a 34 per cent decline in net profit at Rs. 17.49 crore for the first quarter of financial year 2015-16.
Karnataka Bank: The bank reported 10 per cent decline in net profit at Rs 109.34 crore for the April-June quarter of the current fiscal.
Phoenix Mills Ltd: The company has raised Rs 282.59 crore through private placement of shares to institutional investors.
NTPC Ltd: The four units of Koldam hydro electric power project that will supply electricity to Delhi and Uttar Pradesh, among others, have become commercially operational.
Fulford India Ltd: Shares will soon be delisted from the stock exchanges following a successful delisting offer made by promoter Dashtag, which is buying the stock at Rs. 2,400 apiece from the shareholders.
HDFC: The company will raise up to Rs. 850 bn crore by issuing NCDs (non-convertible debentures) as Tier-II capital in the next 12 months.
Granules India: The company is now focusing on research and development and formulations, and the new acquisitions are likely to reflect this new thrust in its business strategy.
PTC India: The company is planning to increase the number of medium-term power purchase agreements with power generators and utilities.
HSIL: The company is entering the consumer products segment to diversify its business into other product categories.
M&M: The company has entered the branded food business category with the launch of its edible oil product through its agri-business division. It has also launched the mustard oil product for the eastern market and will expand it nationally.
Jet Airways: The aviation company has announced hefty discounts on its business class fares of its domestic flights.
Maruti Suzuki India: The auto company plans to hire around 2,500 relationship managers by the end of this fiscal for its new retail outlets under Nexa brand to sell premium products, starting with its upcoming S-Cross model.
Reliance Industries: The company has decided to relinquish two gas discoveries off the east coast and opted to carry out government prescribed confirmation tests to retain three other finds.
Nestle India: Tj has alleged that the government laboratories were not equipped to conduct lead content test and hence a countrywide ban its popular snack Maggi noodles is "illegal".
ONGC Videsh Ltd: The company has lost out on its bid for two oil blocks in Mexico's first licensing round in 88 years.
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