Sun Pharma Q4 net profit at Rs.17136.90 mn

Total Income is Rs. 75992.10 million for the quarter ended March 31, 2016 where as the same was at Rs. 65050.40 million for the quarter ended March 31, 2015.

Sun Pharmaceutical Industries Ltd posted a net profit of Rs. 17136.90 million for the quarter ended March 31, 2016 where as the same was at Rs. 8892.40 million for the quarter ended March 31, 2015. 

Total Income is Rs. 75992.10 million for the quarter ended March 31, 2016 where as the same was at Rs. 65050.40 million for the quarter ended March 31, 2015.

The Group has posted a net profit of Rs. 47159.10 million for the year ended March 31, 2016 where as the same was at Rs. 45393.80 million for the year ended March 31, 2015.

 Total Income is Rs. 287289.50 million for the year ended March 31, 2016 where as the same was at Rs. 278428.40 million for the year ended March 31, 2015.

Sun Pharmaceuticals Industries Ltd is currently trading at Rs. 766.35, down by Rs. 46.15 or 5.68% from its previous closing of Rs. 812.5 on the BSE.

The scrip opened at Rs. 798 and has touched a high and low of Rs. 807.7 and Rs. 765 respectively. So far 7457408(NSE+BSE) shares were traded on the counter. The current market cap of the company is Rs. 195548.76 crore.

The BSE group 'A' stock of face value Rs. 1 has touched a 52 week high of Rs. 979 on 29-May-2015 and a 52 week low of Rs. 706.4 on 24-Nov-2015. Last one week high and low of the scrip stood at Rs. 842.05 and Rs. 771 respectively.

The promoters holding in the company stood at 54.97 % while Institutions and Non-Institutions held 35.37 % and 9.65 % respectively.

The stock is currently trading below its 200 DMA.

GMR Infrastructure plunges 4% post Q4 results

The company posted a net profit/(loss) after taxes, minority interest and share of profit/(loss) of associates of Rs. (9535.00) million for the Quarter ended March 31, 2016 as compared to net loss of Rs. (8919.00) million for the quarter ended March 31, 2015.

GMR Infrastructure Ltd stock was lower by 4% at Rs.11. The company posted a net profit/(loss) after taxes, minority interest and share of profit/(loss) of associates of Rs. (9535.00) million for the Quarter ended March 31, 2016 as compared to net loss of Rs. (8919.00) million for the Quarter ended March 31, 2015. 

The scrip opened at Rs. 11.25 and has touched a high and low of Rs. 11.44 and Rs. 10.89 respectively. So far 10478556(NSE+BSE) shares were traded on the counter. The current market cap of the company is Rs. 6941.34 crore.

The BSE group 'A' stock of face value Rs. 1 has touched a 52 week high of Rs. 18.6 on 03-Dec-2015 and a 52 week low of Rs. 9.58 on 04-Sep-2015. Last one week high and low of the scrip stood at Rs. 11.63 and Rs. 10.72 respectively.

The promoters holding in the company stood at 61.61 % while Institutions and Non-Institutions held 27.18 % and 11.21 % respectively.

The stock is currently trading below its 200 DMA.

Tata Motors climbs 9% after strong Q4 nos

The company posted a net profit after taxes, minority interest and share of profit of associates of Rs.51,770.60 million for the quarter ended March 31, 2016 as compared to Rs.17,165 million for the quarter ended March 31, 2015.

Tata Motors climbed 9% to Rs.458.45 on BSE. The company posted a net profit after taxes, minority interest and share of profit of associates of Rs.51,770.60 million for the quarter ended March 31, 2016 as compared to Rs.17,165 million for the quarter ended March 31, 2015. 

The scrip opened at Rs. 456.3 and has touched a high and low of Rs. 463.9 and Rs. 448.15 respectively. So far 4362860(NSE+BSE) shares were traded on the counter. The current market cap of the company is Rs. 135719.71 crore.

The BSE group 'A' stock of face value Rs. 2 has touched a 52 week high of Rs. 489.9 on 29-May-2015 and a 52 week low of Rs. 266 on 11-Feb-2016. Last one week high and low of the scrip stood at Rs. 421.9 and Rs. 382.35 respectively.

The promoters holding in the company stood at 33.01 % while Institutions and Non-Institutions held 41.3 % and 25.69 % respectively.

Monsanto India Q4 net profit at Rs.240.80mn

Total Income has increased from Rs. 707.10 million for the quarter ended March 31, 2015 to Rs. 932.10 million for the quarter ended March 31, 2016.

Monsanto India Ltd posted a net profit of Rs. 240.80 million for the quarter ended March 31, 2016 as compared to net loss of Rs. (82.50) million for the quarter ended March 31, 2015. Total Income has increased from Rs. 707.10 million for the quarter ended March 31, 2015 to Rs. 932.10 million for the quarter ended March 31, 2016.

The Company has posted a net profit of Rs. 1012.50 million for the year ended March 31, 2016 as compared to Rs. 1063.00 million for the year ended March 31, 2015. Total Income has decreased from Rs. 5776.90 million for the year ended March 31, 2015 to Rs. 5557.50 million for the year ended March 31, 2016.

SAIL Q4 net loss at Rs.12309.30mn

Total Income has decreased from Rs. 118857.60 million for the quarter ended March 31, 2015 to Rs. 115450.70 million for the quarter ended March 31, 2016.

Steel Authority of India Ltd posted a net loss of Rs. (12309.30) million for the quarter ended March 31, 2016 as compared to net profit of Rs. 3342.20 million for the quarter ended March 31, 2015. Total Income has decreased from Rs. 118857.60 million for the quarter ended March 31, 2015 to Rs. 115450.70 million for the quarter ended March 31, 2016.

The Company has posted a net loss of Rs. (41372.60) million for the year ended March 31, 2016 as compared to net profit of Rs. 20926.80 million for the year ended March 31, 2015. Total Income has decreased from Rs. 467315.50 million for the year ended March 31, 2015 to Rs. 397668.40 million for the year ended March 31, 2016.

Sun Pharma Q4 net profit at Rs.17136.90 mn

Total Income is Rs. 75992.10 million for the quarter ended March 31, 2016 where as the same was at Rs. 65050.40 million for the quarter ended March 31, 2015.

Sun Pharmaceutical Industries Ltd posted a net profit of Rs. 17136.90 million for the quarter ended March 31, 2016 where as the same was at Rs. 8892.40 million for the quarter ended March 31, 2015. 

Total Income is Rs. 75992.10 million for the quarter ended March 31, 2016 where as the same was at Rs. 65050.40 million for the quarter ended March 31, 2015.

The Group has posted a net profit of Rs. 47159.10 million for the year ended March 31, 2016 where as the same was at Rs. 45393.80 million for the year ended March 31, 2015.

 Total Income is Rs. 287289.50 million for the year ended March 31, 2016 where as the same was at Rs. 278428.40 million for the year ended March 31, 2015.

BSE plans to sell up to 30% stake

BSE will hold an annual general meeting (AGM) on 24 June to seek shareholder approval for the listing.

BSE Ltd is planning to sell up to a 30% stake before 31 March 2017 through a so-called offer for sale (OFS) with a possible fresh sale of equity tagged on, according to reports.

Report says that the BSE may raise around Rs.1,300 crore from the sale.

BSE will hold an annual general meeting (AGM) on 24 June to seek shareholder approval for the listing.

 On 14 March, BSE received in-principle approval for its share sale from the Securities and Exchange Board of India (Sebi).

Top 20 stocks in focus today: Sun Pharma,Tata Motors, Rolta India

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

Sun Pharmaceutical Industries:  The pharma company posted a net profit of Rs.17136.90 million for the quarter ended March 31, 2016 whereas the same was at Rs.8892.40 million for the quarter ended March 31, 2015.

Tata Motors: Tata Motors posted a net profit after taxes, minority interest and share of profit of associates of Rs.51770.60 million for the quarter ended March 31, 2016 as compared to Rs.17165 million for the quarter ended March 31, 2015.

Coal India: The company has announced a price hike of 6.29 percent, which may  fetch an additional Rs 3230 crore in sales in FY17. It also cut the price differential for the non-regulated sector to 20% from 35%above the regulated sector.

Bhushan Steel: The company posted a net loss of Rs.6704.7 million for the quarter ended March 31, 2016 as compared to Rs.3607.7 million for the quarter ended March 31, 2015.

Reliance Communications Ltd: RCom posted a net profit after taxes, minority interest and share of profit of associates of Rs. 1770 million for the quarter ended March 31, 2016 as compared to Rs. 2280 million for the quarter ended March 31, 2015.

Maruti Suzuki: Maruti Suzuki has temporarily suspended manufacture of cars at Manesar and Gurgaon starting second half of May 30. The leading automobile player said that the suspension is due to non-availability of components due to fire at Subros.

Bank of India: S&P Global Ratings said that it had lowered its long-term issuer credit rating on India-based Bank of India (BOI) to 'BB+' from 'BBB-'. The outlook is stable.

Patel Integrated Logistics: The logistic company has partnered Saudi Arabia’s Nationwide Group to set up a joint venture to tap the emerging opportunities in the region ahead of the forthcoming Fifa World Cup and the Dubai World Expo.

Aurobindo Pharma: The pharma company posted a net profit after taxes and minority interest of Rs.5628.50 million for the quarter ended March 31, 2016 whereas the same was at Rs.4038 million for the quarter ended March 31, 2015.

Hindustan Copper Ltd: Hindustan Copper posted a net profit of Rs.162.90 million for the quarter ended March 31, 2016.

Monsanto India Ltd: The company posted a net profit of Rs.240.80 million for the quarter ended March 31, 2016 as compared to net loss of Rs. 82.50 million for the quarter ended March 31, 2015.

Steel Authority of India Ltd: SAIL posted a net loss of Rs.12,309 million for the quarter ended March 31, 2016 as compared to net profit of Rs. 3,342 million for the quarter ended March 31, 2015.

Prestige Estates Projects Ltd: Prestige Estates posted a net profit of Rs. 581.40 million for the quarter ended March 31, 2016.

Den Networks Ltd: Den Networks posted a net loss after taxes, minority interest and share of loss of associates of Rs.854.40 million for the quarter ended March 31, 2016 as compared to net loss of Rs.620.80 million for the quarter ended March 31, 2015.

Rolta India: Standard & Poor’s lowered its long-term corporate credit rating on Rolta India Ltd to’CCC-’ from ‘B+’ for missing on interest payment on unsecured notes. The company reportedprofit after tax for Q4 FY-16 at Rs.59.21cr against Rs. 46.87 cr in Q3 FY-16,registering a Q-o-Q growth of 26.3%.

Dhanlaxmi Bank: The bank reported net loss decreased to Rs.131.6 crore in the last quarter of 2015-16 ended March 31, 2016 against that of Rs.266.61 crore in the same period a year ago.

DCM Shriram Industries: DCM Shriram Industries reported a net profit of Rs.23.98 crore for the fiscal fourth quarter that ended on March 31.

Blue Star: Blue Star has reported a standalone net profit of Rs.71.72 crore for the fiscal fourth quarter that ended on March 31, 2016.

Bata India: Bata India reported a 52.31% decline in net profit at Rs.27.86 crore for the fourth quarter ended March.

Amtek Auto: Amtek Auto reported a net loss of Rs.528.69 crore for the quarter ended March 31, 2016.

Unitech Ltd: Unitech posted a net loss after taxes, minority interest and share of loss of associates of Rs.5394.6 million for the quarter ended March 31, 2016 as compared to net loss of Rs.1625.4 million for the quarter ended March 31, 2015.

Canara Bank down, posts Q4 results

Public sector lender Canara Bank on Friday posted a standalone net loss at Rs 3,905.49 crore, for the March quarter as non-performing assets surged.

Public sector lender Canara Bank on Friday posted a standalone net loss at Rs.3,905.49 crore for the March quarter as non-performing assets surged. The bank had registered a net profit of Rs.612.96 crore in the corresponding quarter of 2014-15.

Canara Bank is currently trading at Rs. 191.8, down by Rs. 1.1 or 0.57% from its previous closing of Rs. 192.9 on the BSE.

The scrip opened at Rs. 194 and has touched a high and low of Rs. 195.6 and Rs. 188.9 respectively. So far 2258478(NSE+BSE) shares were traded on the counter. The current market cap of the company is Rs. 10474.3 crore.

The BSE group 'A' stock of face value Rs. 10 has touched a 52 week high of Rs. 359.85 on 18-Aug-2015 and a 52 week low of Rs. 156.2 on 29-Feb-2016. Last one week high and low of the scrip stood at Rs. 203.1 and Rs. 178.2 respectively.

The promoters holding in the company stood at 66.3 % while Institutions and Non-Institutions held 25.7 % and 8 % respectively.

The stock is currently trading above its 200 DMA.

Buzzing stocks: Hindalco jumps, BHEL drops, Coal India up

Check out the most important and latest stock news from NSE and BSE.

Muthoot Finance rallied by 9% at Rs.233.The company  posted a net profit of Rs. 2652.213 million for the quarter ended March 31, 2016 as compared to Rs. 1651.858 million for the quarter ended March 31, 2015.

BHEL dropped 3.3% to Rs.124. The company’s standalone revenue stood at Rs. 10,004.77 crore, down 21.5% yoy but up 87.86% qoq.

Tree House Education and Accessories Ltd stock was lower by 7% at Rs.72.The net profit stood at Rs.6.78 crore, while revenue from operations was at Rs.209.33 crore, for FY16.

Coal India Ltd stock was higher by 5% at Rs.294.The company posted a net profit  of Rs. 42479.30 mn for the Quarter ended March 31, 2016 as compared to Rs. 42385.50 mn for the Quarter ended March 31, 2015.

Jubilant Foodworks Ltd stock was down by 3% at Rs.1073.The Company posted a net profit of Rs. 294.663 million for the quarter ended March 31, 2016 as compared to Rs. 315.322 mn for the quarter ended March 31, 2015.

Punj Llyod Ltd stock was lower by 5% at Rs. 20.The company posted a net loss of Rs. 4679.90 million for the quarter ended March 31, 2016 as compared to net profit of Rs. 2685.30 million for the quarter ended March 31, 2015.

Aurionpro Solutions jumped 6.5% to Rs.154 after the company has secured an order from Nagpur Metro Rail Corporation.

Ipca Laboratories: Q4 earnings expected to rise

Ipca Laboratories Ltd.,fully-integrated pharmaceutical company, will announce its financial results on May 30 for the fourth quarter ended March 31, 2016.

Ipca Laboratories Ltd.,fully-integrated pharmaceutical company, will announce its financial results on May 30 for the fourth quarter ended March 31, 2016.

IIFL estimates the company’s net profit to increase to Rs.36 crore at 350% yoy and 56.5% qoq.

As per IIFL’s forecast, the company’s net revenue to go up to Rs.683 crore, increasing 8.8% qoq but declining 0.1% yoy.

Operating profit margin is likely to come in at 14.8%, with a yoy rise of 937 bps and 178 bps qoq.

Our preview coverage universe of 374 companies, representing ~75% of India’s equity market cap is expected to report 4.2% yoy drop in net profit in Q4 FY16. On a qoq basis, profits will rise by 17% on account of low base of preceding two quarters, which had witnessed sequential PAT declines.

Reliance Communications: Q4 numbers likely to nosedive

As per IIFL’s forecast, the company’s net revenue for Q4 FY16 is expected to soar to Rs.5,412 crore at 2.6% qoq; however, the same is likely to fall 5% yoy.

Reliance Communications Ltd., fourth largest telecom operator in India,  will announce its financial results on May 12 for the fourth quarter ended March 31, 2016.

IIFL estimates the company’s net profit to rise to Rs.145 crore, to fall 36.4% yoy and 15.2% qoq.

As per IIFL’s forecast, the company’s net revenue for Q4 FY16 is expected to soar to Rs.5,412 crore at 2.6% qoq; however, the same is likely to fall 5% yoy.    


Operating profit margin is likely to come in at 33.6%, to drop of 95 bps yoy and 18 bps on a yoy basis.

Our preview coverage universe of 374 companies, representing ~75% of India’s equity market cap is expected to report 4.2% yoy drop in net profit in Q4 FY16. On a qoq basis, profits will rise by 17% on account of low base of preceding two quarters, which had witnessed sequential PAT declines.

Hindalco Industries surges 8% post Q4 results

The company posted a net profit of Rs. 3563.30 million for the quarter ended March 31, 2016 where as the same was at Rs. 1595.30 million for the quarter ended March 31, 2015.

Hindalco Industries Ltd stock was higher by 8% at Rs.99.The company posted a net profit of Rs. 3563.30 million for the quarter ended March 31, 2016 where as the same was at Rs. 1595.30 million for the quarter ended March 31, 2015.

Total income is Rs. 88716.60 million for the quarter ended March 31, 2016 where as the same was at Rs. 96016.30 million for the quarter ended March 31, 2015.

The scrip opened at Rs. 99.8 and has touched a high and low of Rs. 101 and Rs. 98.25 respectively. So far 11911080(NSE+BSE) shares were traded on the counter. The current market cap of the company is Rs. 18966.89 crore.

The BSE group 'A' stock of face value Rs. 1 has touched a 52 week high of Rs. 133.9 on 28-May-2015 and a 52 week low of Rs. 58.85 on 12-Feb-2016. Last one week, high and low of the scrip stood at Rs. 92.7 and Rs. 83.6 respectively.

The promoters holding in the company stood at 37.69 % while Institutions and Non-Institutions held 38.5 % and 23.81 % respectively.

The stock is currently trading above its 50 DMA.

Hindalco Industries Ltd

BATA India net profit likely to drop qoq

BATA India, a leading fast moving consumer goods firm in the country, will announce its financial results for the fourth quarter ended March 31, 2016 on May 30.

BATA India, a leading fast moving consumer goods firm in the country, will announce its financial results for the fourth quarter ended March 31, 2016 on May 30.

As per IIFL’s forecast, the company is expected to register a net revenue of Rs.570 crore, growing at 16% yoy while declining at 7.7% on qoq basis.

Operating profit margin of the company is likely to be at 12.8%, a rise of 326 bps yoy while a drop of 13 bps qoq.

IIFL estimates the company’s net profit to be at Rs.43 crore, which constitutes a rise of 36% yoy, whereas a drop of 2.9% qoq.

The year 2015 had been a challenging year for most of the FMCG companies with volume growth moderating significantly owing to a weak macro environment, sluggish rural demand (led by two consecutive monsoons and unseasonal rainfall), lukewarm urban recovery and pricing headwinds in select categories.

Key quarterly results on May 30 include APL Apollo Tubes, Atul Auto, Aurobindo Pharma, Bajaj Electricals, BATA India, Berger Paints, Blue Star, Cigniti Technologies, Fiem Industries, Reliance Communications, Tata Motors, NTPC, IPCA, Mahindra & Mahindra, among others.

IIFL preview coverage universe of 374 companies, representing ~75% of India’s equity market cap is expected to report 4.2% yoy drop in net profit in Q4 FY16. On a qoq basis, profits will rise by 17% on account of low base of preceding two quarters, which had witnessed sequential PAT declines.

Muthoot Finance rallies 9%

The company posted a net profit of Rs. 2652.213 million for the quarter ended March 31, 2016 as compared to Rs. 1651.858 million for the quarter ended March 31, 2015.

Muthoot Finance Ltd stock rallied by 9% at Rs.233.The company  posted a net profit of Rs. 2652.213 million for the quarter ended March 31, 2016 as compared to Rs. 1651.858 million for the quarter ended March 31, 2015.

Total income has increased from Rs. 11018.450 million for the quarter ended March 31, 2015 to Rs. 14512.829 million for the quarter ended March 31, 2016.

The scrip opened at Rs. 229.8 and has touched a high and low of Rs. 238.85 and Rs. 227.05 respectively. So far, 372979(NSE+BSE) shares were traded on the counter. The current market cap of the company is Rs. 8582.54 crore.

The BSE group 'A' stock of face value Rs. 10 has touched a 52 week high of Rs. 236.5 on 15-Jul-2015 and a 52 week low of Rs. 152 on 23-Sep-2015. Last one week high and low of the scrip stood at Rs. 234 and Rs. 205.2 respectively.

The promoters holding in the company stood at 74.64 % while Institutions and Non-Institutions held 20.86 % and 4.5 % respectively.

The stock is currently trading above its 50 DMA.

Atul Auto net profit likely to decline qoq

Atul Auto, a leading automobile player in the country, will announce its financial results for the fourth quarter ended March 31, 2016 on May 30.

Atul Auto, a leading automobile player in the country, will announce its financial results for the fourth quarter ended March 31, 2016 on May 30.

As per IIFL’s forecast, the company is expected to register a net revenue of Rs.128 crore, growing at 4.4% yoy while declining at 15.7% on qoq basis.

Operating profit margin of the company is likely to be at 14.4%, a gain of 221 bps yoy, whereas a drop of 217 bps qoq.

IIFL estimates the company’s net profit to be at Rs.12 crore, which constitutes a rise of 33.3% yoy and a drop 27.9% qoq.

According to IIFL estimates, autos are to register strong PAT growth (32.4% yoy) with most major players doing well. Auto volumes were robust across segments, except cars. OPM of most companies under coverage will rise on account of benign commodity prices and operating leverage.

Key quarterly results on May 30 include APL Apollo Tubes, Atul Auto, Aurobindo Pharma, Bajaj Electricals, BATA India, Berger Paints, Blue Star, Cigniti Technologies, Fiem Industries, Reliance Communications, Tata Motors, NTPC, IPCA, Mahindra & Mahindra, among others.
IIFL preview coverage universe of 374 companies, representing ~75% of India’s equity market cap is expected to report 4.2% yoy drop in net profit in Q4 FY16. On a qoq basis, profits will rise by 17% on account of low base of preceding two quarters, which had witnessed sequential PAT declines.

Coal India surges 5% post Q4 results

The company posted a net profit after taxes, minority interest and share of profit of associates of Rs. 42479.30 mn for the quarter ended March 31, 2016 as compared to Rs. 42385.50 mn for the quarter ended March 31, 2015.

Coal India Ltd stock was higher by 5% at Rs.294.The company posted a net profit  of Rs. 42479.30 mn for the Quarter ended March 31, 2016 as compared to Rs. 42385.50 mn for the Quarter ended March 31, 2015. 

Total income has decreased from Rs. 230656.50 mn for the quarter ended March 31, 2015 to Rs. 228987.90 million for the quarter ended March 31, 2016.

The scrip opened at Rs. 287.9 and has touched a high and low of Rs. 293.85 and Rs. 287.9 respectively. So far 1048051(NSE+BSE) shares were traded on the counter. The current market cap of the company is Rs. 177710.79 crore.

The BSE group 'A' stock of face value Rs. 10 has touched a 52 week high of Rs. 447.25 on 05-Aug-2015 and a 52 week low of Rs. 272.05 on 12-Apr-2016. Last one week, high and low of the scrip stood at Rs. 284.5 and Rs. 277.9 respectively.

The promoters holding in the company stood at 79.65 % while Institutions and Non-Institutions held 17.14 % and 3.21 % respectively.

The stock is currently trading above its 200 DMA.