20 Stocks in focus today

Check out the companies which will be in focus during trade today based on recent and latest news developments.

DLF: The real estate company reported a 5 per cent decline in consolidated net profit at Rs 121.55 crore for the quarter ended June due to higher finance cost and rise in operational expenses.

Unitech: The company posted a consolidated net loss of Rs 281.29 crore during the quarter ended June 30, as the company booked a capital loss in sale of an IT park project by its overseas group firm.

GMR Infrastructure Ltd: The company has commenced the operation of its 370-MW GMR Vemagiri Power Generation Ltd's gas-based project from at Vemagiri in Andhra Pradesh.

Glenmark & Indiabulls Housing: Glenmark Pharmaceuticals will be added to the MSCI Emerging Markets Index. Indiabulls Housing Finance (India) will be added to MSCI ACWI Value Index.

ICRA: The company posted a 24.33% dip in June quarter consolidated net profit at Rs. 16.49 crore, taking a hit from closure of its operations in Indonesia and a dip in other income.


Allcargo Logistics: The company has acquired two additional vessels aggregating 24,000 DWT for an undisclosed sum for its coastal shipping business.

Kaya Limited:  The skin care maker from the Marico group will be listed on the stock exchanges on Friday August 14 after the scheme of arrangement with Marico Kaya Enterprises. Marico Kaya trading was suspended on May 25 for the scheme of arrangement, as per media reports.

Ashok Leyland: The company is planning to set up three or five assembling plants outside India. The first plant is expected to go on stream by end of the current fiscal and each of these plants would attract investment of around Rs. 300-500mn.

JSW Steel Ltd and Kalyani Steels Ltd: The company's are considering cutting some steel product prices to preserve market share, worried Chinese exports will become even cheaper due to a weaker yuan.

Hathway Cable and Datacom: The company has received FIPB approval to increase foreign investment limit in the firm from the existing 49 per cent to 74 per cent under the automatic route.

GVKPIL: The company reported its net loss for the quarter ended June 30 narrowed down to Rs. 124 crore against Rs. 281 core during the corresponding three months last year.

Tata Steel Ltd: The company has received shareholders nod to raise up to Rs. 10,000 crore through securities to meet capital requirements.

GVK Power and Infrastructure Limited: The company is planning to raise as much as Rs. 40 bn from the capital markets for its airport vertical. The company is expected to file the draft red herring prospectus for the proposed IPO of the GVK Airport Developers Private Limited in a week or two.

IDBI Bank: The bank has received shareholders nod to raise Rs. 26,000 crore through a mix of equity and bonds to fund growth.

Oil and Natural Gas: The company has posted an increase of 14.18% in net profit of Rs. 54,599 million for the quarter ended June 30, 2015 against Rs. 47,817.90 million for the quarter ended June 30, 2014.

Crompton Greaves: The company has bagged Rs. 300 crores of orders from Power Grid, the largest transmission utility in India for supply, erection, testing and commissioning of power transformers at various substations across India.

Dr. Reddy’s Laboratories announced today that it has launched PRAMIPEXOLE dihydrochloride extended-release tablets 0.375 mg, 0.75 mg, 1.5 mg, 3 mg and 4.5 mg, a therapeutic equivalent generic version of MIRAPEX ER (pramipexole dihydrochloride) Extended-Release Tablets in the US market on August 11, 2015, following the approval by the United States Food & Drug Administration (USFDA).

RattanIndia Power Ltd: The company has posted a net loss after taxes, Minority Interest and Share of Profit/(Loss) of Associates of Rs. 2,631.82 mn for the quarter ended June 30, 2015 as compared to net loss of Rs. 1,407.988 mn for the quarter ended June 30, 2014.