Check out the companies which will be in focus during trade today based on recent and latest news developments.
Jet Airways: Jet Airways announced flat 30% discount in flights on both international and domestic sectors on base fares for all classes of travel to celebrate the country's 69th Independence Day.
IL&FS Transportation Networks Ltd: The company said that its consolidated net profit plunged 97.90 per cent to Rs 2.90 crore for the quarter ended June 30, on account of higher expenses and finance cost.
Tilaknagar Industries Ltd: Allied Blenders & Distillers (ABD) has called off talks to acquire Tilaknagar Industries due to differences over valuation of the latter, a top executive has been quoted as saying.
Wockhardt: The pharma company reported over five-fold jump in its consolidated net profit at Rs. 114.20 crore for the quarter ended June 30, 2015 mainly on account of robust sales.
Tata Motors: JLR will launch the new Discovery Sport in India on September 2, 2015 and retailers are now accepting bookings for the premium SUV.
Nestle: The United States Food & Drug Administration (FDA) has reportedly tested several shipments of Maggi noodles from India for lead content and has not found excess lead levels.
HDIL Ltd: The company has posted a net profit for Q1 stands at Rs. 59.2 crore.The total income at Rs. 266.7 crore.
Pantaloons Fashion Ltd: The net loss for the quarter was at Rs. 73 Crore.The total Income for the quarter stands at Rs. 439.3 Crore.
Ashiana Housing Ltd: The net profit for the quarter was at Rs. 6.7 Crore.The total income was at Rs. 22 Crore.
eClerx Services Ltd: The IT company has posted a net profit after taxes, minority interest and share of profit of associates of Rs. 732.395 mn for the quarter ended June 30, 2015 where as the same was at Rs. 534.001 million for the quarter ended June 30, 2014.
Finolex Cables Ltd: The Company has posted a net profit of Rs. 48 crore for the quarter ended June 30, 2015 as compared to Rs. 34.6 crore for the quarter ended June 30, 2014. Total Income has increased from Rs. 579.5 crore for the quarter ended June 30, 2014 to Rs. 596.8 crore for the quarter ended June 30, 2015.
Jain Irrigation Systems Ltd: The company has posted a net profit of Rs. 187.60 million for the quarter ended June 30, 2015 as compared to Rs. 201.30 million for the quarter ended June 30, 2014.
Hindustan Petroleum Corporation Limited: The company has launched eco-friendly Bio-Diesel Blended Diesel B5 HSD in New Delhi, Visakhapatnam and Hyderabad.
IL&FS Transportation Networks Ltd: The company has posted a net profit after taxes, minority interest and share of profit of associates of Rs. 2.9 crore for the quarter ended June 30, 2015 as compared to Rs. 137.7 crore for the quarter ended June 30, 2014. Total Income has increased from Rs. 1,648 crore for the quarter ended June 30, 2014 to Rs. 1,737.7 crore for the quarter ended June 30, 2015.
Sadbhav Engineering: The company has won bids for two NHAI projects worth Rs. 15.57 bn and it will develop sections of the six-lane Eastern Peripheral Expressway in Haryana and Uttar Pradesh.
Vedanta: The company has received necessary government approval and will resume operations from at its biggest iron ore mine at Codli in Sanguem taluka in Goa.
Allcargo: The company net profit at Rs. 29.20 crore in the quarter ended June 2015 as against Rs. 20.07 crore during the previous quarter ended June 2014. Sales rose 15.99% to Rs. 300.28 crore in the quarter ended June 2015 as against Rs. 258.89 crore during the previous quarter ended June 2014.
Bharti Airtel: The telecom company reduced rates of its home broadband plans by up to 30% for all new activations as the company won't be charging any premium for higher speed.
Chennai Petroleum Corporation Ltd: CPCL has lined up Rs. 1,393 crore capital expenditure plans for this year, out of which Rs. 1,300 crore would be spent for Resid upgradation project, as per media reports.
Biocon & Syngene Ltd: Biocon's research arm Syngene International which recently concluded its IPO, will make its debut on the stock market on Tuesday at 10:00 A.M.
ICICI Bank: The bank said it would charge small ticket home loan at its base rate- which now stands at 9.70%. The bank said that under the new scheme - ICICI- Saral Rural Housing Loan- loans can be availed by rural women between Rs0.5mn and Rs1.5mn for which the bank will charge a floating rate home loan of 9.70%.
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