Ashok Leyland, Marico, Sadbhav Engineering among 22 Stocks in focus today

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

Ashok Leyland: The company has posted a net profit of Rs. 286.8 crore for the quarter as compared to Rs. 121 crore YoY, indicating a jump of 137%. Total Income has increased from Rs. 3248.9 crore for the quarter ended September 30, 2014 to Rs. 4966.2 crore for the quarter ended September 30, 2015.

Reliance Communications Ltd: RCOM  plans to invest US$80 million in building two new data centres and expand two existing one. “We are looking at building two new data centres and expansion of two existing data centres. So the overall investments would be about US$80 million over the next 2-3 years,” CEO of RCOM's Enterprise and Global Cloud Xchange Bill Barney.

Procter & Gamble Hygiene and Health Care Ltd: The company has posted a net profit of Rs. 697.80 mn for the quarter ended September 30, 2015 as compared to Rs. 615 mn for the quarter ended September 30, 2014.

DLF: DLF’s net debt has increased by Rs. 922 crore during the quarter ended September 30, 2015 to INR 22,520 crore from the preceding three months. In an analyst presentation, DLF said that its net debt stood at Rs. 22,520 crore as on September 30, 2015 compared to Rs. 21,598 crore at the end of the April-June quarter.

Bank of Maharashtra: The bank has reported 55.8% drop in consolidated net profit at Rs. 72 crore for the quarter ended September 30. The company's net profit in the corresponding quarter of the previous fiscal year was Rs.163 crore.

NMDC: As part of a policy framework for growth and expansion for the next decade, NMDC Ltd. has chalked out ‘Vision 2025’ that seeks to reorient its business model to retain its market leadership in the domestic market.

JK Lakshmi Cement Ltd: The company has posted a net loss of Rs. 149.50 mn for the quarter ended September 30, 2015 as compared to net profit of Rs. 306.10 mn for the quarter ended September 30, 2014. 

Magma Fincorp: The company announced the Q2 FY16 unaudited results that reflected a healthy increase of 96 bps YoY in Net Income Margin (“NIM”) to 6.83%,that drove a significant increase of 52% in profits before tax, from Rs. 47.9 crs during the prior year same quarter, to Rs. 73 crs. The PAT has increased by 15% to Rs. 48.7 crs due to higher tax outgo.

Essar Ports: The net profit for the quarter stands at Rs. 104.5 crore as compared to Rs. 96.1 crore. The total income for the quarter stands at Rs. 470.3 crore.

Marico: The net profit for the quarter stands at Rs. 150.7 crore. The total income for the quarter stands at Rs. 1485.4 crore.

Honeywell Automation India reported 38.6 per cent rise in its net profit at Rs. 41.3 crore for the quarter ended September 30, 2015 as compared to Rs. 29.8 crore for the same quarter in the previous year. The company’s sales has decreased by 0.6 per cent to Rs. 509 crore for the quarter under review from Rs. 512 crore for the corresponding quarter of the previous year.

Canara Bank: The bank reported 15.6% drop in consolidated net profit at Rs. 529 crore for the quarter ended September 30. The company's net profit in the corresponding quarter of the previous fiscal year was Rs.626.8 crore.

SpiceJet: SpiceJet announced new direct international flights to Bangkok from Chennai, flying 6 days a week. Flight services on this route will commence from December 10, 2015, and this will be SpiceJet’s second direct international flight from Chennai.

IDBI Bank Ltd: IDBI Bank recorded a rise of 0.84% in its net profit of Rs. 119.5 crore for the quarter ended September 30, 2015 as compared to Rs. 118.5 crore for the quarter ended September 30, 2014.

Sadbhav Engineering: The net profit for the quarter stands at Rs. 26.2 crore as compared to Rs. 10.1 crore.

SSWL: Steel Strips Wheels Ltd has bagged exports order for supply of Trailer/ Truck Steel wheels from Korean Aftermarket.

Jain Irrigation: The company bagged MSEDCL most awaited tender for supply and installation of 8,959 Solar Agri Pumps. The tender will be executed by projects division of the micro irrigation segment of the company and will also create additional sales opportunity for micro irrigation systems to individual farmers.

Prism Cement Ltd: The cement company has acquired a 50% equity stake in Coral Gold Tiles Private Limited, Morbi, a company in the business of manufacturing Ceramic Wall Tiles. Accordingly, Coral Gold Tiles Private Limited has become a joint venture of the Company with effect from November 04, 2015.

Minda Corp Ltd: The company has posted a net profit at Rs. 29 crore for the quarter ended September 30, 2015 as compared to net profit of Rs. 18.6 crore for the quarter ended September 30, 2014. 

Pricol Ltd: Pricol has posted a net profit of Rs. 2.8 crore for the quarter ended September 30, 2015 as compared to Rs. 9.6 crore for the quarter ended September 30, 2014. 

Chennai Petro: The company posted net loss at Rs. 452.4 Cr as compared to loss Of Rs. 233.1 Cr (YoY). The total income is at Rs. 5,982.4 crore.

Neyveli Lignite Ltd: The company has posted a net profit at Rs. 343.4 crore for the quarter ended September 30, 2015 as compared to net profit of Rs. 259.4 crore for the quarter ended September 30, 2014.

Tata Steel, Cipla, Aban Offshore, Bajaj Electricals, Allcargo Logistics, Alembic, Aarti Industries, Kalpataru Power, Kolte-Patil Developers, are some of companies which to announce their earnings today.