Monday 19 October 2015

12 Stocks in focus today

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

HCL Tech: The IT Company has announced net profit for the quarter stood at Rs.1,726 crore vs Rs.1,783 cr QoQ.

RIL: Reliance Industries Ltd has  posted a net profit after tax, minority interest and share of profit of associates of Rs. 67,200 million for the quarter ended September 30, 2015 as compared to Rs. 59,720 mn for the quarter ended September 30, 2014.

Vedanta: The company has signed an early agreement to invest Rs.84 billion to expand and develop its mineral and mining base in Rajasthan.

South Indian Bank: The bank reported 22.4% rise in its net profit of Rs. 93.4 crore for the quarter ended September 30, 2015 as compared to Rs. 76.3 crore for the same quarter in the previous year.

CRISIL Ltd: The company has posted a net profit of Rs. 768.70 million for the quarter ended September 30, 2015 as compared to Rs. 711.10 mn for the quarter ended September 30, 2014.

DLF: The company is planning to develop 4 million sq. ft of office space in Chennai.The company will expand its DLF IT Special Economic Zone (SEZ) in Manapakkam, while in the second project, it will build a SEZ for IT and ITeS at Taramani.

M&M: Mahindra & Mahindra is planning to enter the premium motorcycle segment overseas, including Latin America, South East Asia and North Africa with its recently launched 300cc bike “Mojo”

Unichem Lab: The pharma company reported net profit for the quarter stands at Rs 23.1 crore. Revenues from Domestic Formulations stood at Rs. 188.5 crs as against Rs. 166.6 crs in the same period last year showing a growth of 13.1%.

Tata Sponge Iron Ltd: The company reported   net profit for the second quarter ended September 30 has nosedived by a whopping 75% to Rs. 5.69 cr as against net profit of Rs. 22.53 cr reported in the corresponding period a year ago.

Nestle India: The vastly popular Maggi noodles will be back on the store shelves within the next two months after Nestle India announced that all samples of the instant snack have cleared tests conducted by three laboratories.

National Buildings Construction Corporation Ltd : The company has informed BSE that Acharya N. G. Ranga Agricultural University (ANGRAU), Hyderabad has entrusted the project of civil works at different colleges of ANGRAU in the state of Telangana to NBCC for estimated amount of Rs. 126.33cr (approx).

Maruti Suzuki India: The company is planning to introduce features like airbags and anti-lock braking system as an option in its mass market models, much ahead of Government regulations coming into force in 2017.
Bajaj Electricals: The company has launched a new range of light emitting diodes (LED) luminaries called under the brand “.nxt”. It will provide this range of LED lights under this brand for IT/ITES, modern work spaces, pharmaceuticals and retail.

Hindustan Copper Ltd: The company will commence its Rs. 2.1 billion Surda mine expansion project work after the dispute between the lead contractor and the sub-contractor was resolved.

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