Monday 26 October 2015

Stocks in focus today: Bharti Airtel, Tata Motors and more

Asian Paints stocks will be in focus after the company reported a consolidated net profit of Rs 399 crore for the second quarter ended September 30, on account of increase in net sales.

 The BSE Sensex and NSE Nifty opened higher on Monday tracking strong global cues. At 9.29 am, Sensex was up 84.97 points at 27,555.78. Similarly, Nifty was up 21.85 points at 8,317.30 during the same time.

Below are the stocks that are likely to be in focus today

Asian Paints: The company on Friday (after market hours) reported a consolidated net profit of Rs 399 crore for the second quarter ended September 30, on account of increase in net sales.

Bharti Airtel: Bharti Airtel on Monday reported a rise of 10 per cent in consolidated net profit (year-on-year) to Rs 1,522.7 cr  for the second quarter as against Rs 1,383.2 cr in the corresponding quarter a year ago. The stocks of the company were trading 1.11 per cent up at Rs 362.75 at 9.27 am.

L&T Finance Holdings: The company’s consolidated net profit rose by 18.6 per cent year-on-year to Rs 215.41 crore during the second quarter ended September 2015.

Jet Airways: A British judge has dismissed Indian private carrier Jet Airways’ appeal against a 15,000 euro fine for failure to comply with the European Union’s emissions targets.

Tata Motors: Fitch has reaffirmed the long-term foreign currency issuer default rating and senior unsecured ratings of Tata Motors-owned Jaguar Land Rover at ‘BB-‘ with positive outlook.

Force Motors: Force Motors on Saturday posted a 65.35 per cent rise in its net profit at Rs 42.48 crore for the second quarter ended September 30, 2015.

Arvind Ltd: The textile firm on Sunday said that workers at its Santej plant have unconditionally called off strike and the plant is now working normally.

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