Check out the companies which will be in focus during trade today based on recent and latest news developments.
ICICI Bank: ICICI Bank will announce its Q1 numbers today.
Eicher Motors: The company has posted a net profit after taxes and profit of joint ventures of Rs.376 crore for the quarter ended June 30, 2016 as compared to Rs.237 crore for the quarter ended June 30, 2015.
Ortel Comm: The company reported its Q1 total income increased to Rs.529 million from Rs.431 million, up by 22.9%.
L&T: The company will announce its Q1 numbers today.
Hexaware Technologies: The company has posted a profit after tax of Rs.999.984 million for the quarter ended June 30, 2016 as compared to Rs.988.854 million for the quarter ended June 30, 2015.
Karnataka Bank: The bank will announce its Q1 numbers today.
Syndicate Bank: The Bank has posted a net profit of Rs.79 crore for the quarter ended June 30, 2016 where as the same was at Rs.302 crore for the quarter ended June 30, 2015.RBI has imposed an aggregate penalty of Rs. 30 million on the Bank in the exercise of powers conferred under Section 47(A)(1)(c) read with Section 46(4) (i) of the Banking Regulation Act, 1949.
Grindwell Norton: The company recorded a increase of 15.7% in its net profit at Rs.29.5 crore for the quarter ended June 30, 2016 as compared to Rs.25.5 crore for the quarter ended June 30, 2015.
Sintex Industries: The company has posted a net profit after taxes, minority interest and share of profit of associates of Rs.76 crore for the quarter ended June 30, 2016 as compared to Rs.68.2 crore for the quarter ended June 30, 2015.
Punjab National Bank: The bank has posted a net profit of Rs.306 crore for the quarter ended June 30, 2016 as compared to Rs.721 crore for the quarter ended June 30, 2015.
Axis Bank: The bank has signed an agreement with Life Insurance Corporation to distribute policies of the country’s largest life insurer.
Dish TV: The company reported consolidated revenues of Rs.778.6 crore for the quarter ended 30 June (Q1FY17), up 5.7% from last year’s Rs.736.7 crore.
Jaiprakash Associates Ltd: The company has failed to pay a total of Rs.36.25 crore in principal instalment and interest for non-convertible debentures (NCDs) due 25 April.
IDBI Bank: IDBI Bank has reduced its base rate or minimum lending rate to 9.65% per annum from 9.75% per annum earlier.
Sun Pharma: Sun Pharmaceutical Industries has entered into $50 million licensing agreement with Spanish firm Almirall for the development and commercialisation of tildrakizumab, a drug to treat psoriasis, in Europe
Kirloskar Ferrous Industries: The company will acquire VSL Steels’s pig iron plant for Rs.155 crore in cash
Coal India: The company will announce its Q1 numbers today.
Nestle: The company will announce its Q1 numbers today.
L&T Infotech: The company reported nearly 35% increase in net profit at Rs.235.8 crore for the quarter ended June 30.
CEAT: The company reported 17.38% decline in consolidated net profit at Rs.93.07 crore for the first quarter ended June 30, 2016-17.
Blue Dart: Blue Dart Express standalone net profit dropped marginally by 1.4% to Rs.44.08 crore for the quarter ended June 30, 2016.
Tamil Nadu Newsprint and Papers Ltd: The company has reported a 33% growth in profit after Tax during the quarter ended June 30, 2016 at Rs.69.51 crore, as against Rs.52.25 crore, a year ago.
DLF: Azure Power has tied up with DLF to set up solar projects on rooftops of the builder's properties, mainly in Gurgaon, where the first smart grid is coming up.
Mahindra Lifespace Developers: The company has reported over 36% on-year rise in standalone net profit at Rs.15 crore for the quarter ended June 30.
Eicher Motors: The company has posted a net profit after taxes and profit of joint ventures of Rs.376 crore for the quarter ended June 30, 2016 as compared to Rs.237 crore for the quarter ended June 30, 2015.
Ortel Comm: The company reported its Q1 total income increased to Rs.529 million from Rs.431 million, up by 22.9%.
L&T: The company will announce its Q1 numbers today.
Hexaware Technologies: The company has posted a profit after tax of Rs.999.984 million for the quarter ended June 30, 2016 as compared to Rs.988.854 million for the quarter ended June 30, 2015.
Karnataka Bank: The bank will announce its Q1 numbers today.
Syndicate Bank: The Bank has posted a net profit of Rs.79 crore for the quarter ended June 30, 2016 where as the same was at Rs.302 crore for the quarter ended June 30, 2015.RBI has imposed an aggregate penalty of Rs. 30 million on the Bank in the exercise of powers conferred under Section 47(A)(1)(c) read with Section 46(4) (i) of the Banking Regulation Act, 1949.
Grindwell Norton: The company recorded a increase of 15.7% in its net profit at Rs.29.5 crore for the quarter ended June 30, 2016 as compared to Rs.25.5 crore for the quarter ended June 30, 2015.
Sintex Industries: The company has posted a net profit after taxes, minority interest and share of profit of associates of Rs.76 crore for the quarter ended June 30, 2016 as compared to Rs.68.2 crore for the quarter ended June 30, 2015.
Punjab National Bank: The bank has posted a net profit of Rs.306 crore for the quarter ended June 30, 2016 as compared to Rs.721 crore for the quarter ended June 30, 2015.
Axis Bank: The bank has signed an agreement with Life Insurance Corporation to distribute policies of the country’s largest life insurer.
Dish TV: The company reported consolidated revenues of Rs.778.6 crore for the quarter ended 30 June (Q1FY17), up 5.7% from last year’s Rs.736.7 crore.
Jaiprakash Associates Ltd: The company has failed to pay a total of Rs.36.25 crore in principal instalment and interest for non-convertible debentures (NCDs) due 25 April.
IDBI Bank: IDBI Bank has reduced its base rate or minimum lending rate to 9.65% per annum from 9.75% per annum earlier.
Sun Pharma: Sun Pharmaceutical Industries has entered into $50 million licensing agreement with Spanish firm Almirall for the development and commercialisation of tildrakizumab, a drug to treat psoriasis, in Europe
Kirloskar Ferrous Industries: The company will acquire VSL Steels’s pig iron plant for Rs.155 crore in cash
Coal India: The company will announce its Q1 numbers today.
Nestle: The company will announce its Q1 numbers today.
L&T Infotech: The company reported nearly 35% increase in net profit at Rs.235.8 crore for the quarter ended June 30.
CEAT: The company reported 17.38% decline in consolidated net profit at Rs.93.07 crore for the first quarter ended June 30, 2016-17.
Blue Dart: Blue Dart Express standalone net profit dropped marginally by 1.4% to Rs.44.08 crore for the quarter ended June 30, 2016.
Tamil Nadu Newsprint and Papers Ltd: The company has reported a 33% growth in profit after Tax during the quarter ended June 30, 2016 at Rs.69.51 crore, as against Rs.52.25 crore, a year ago.
DLF: Azure Power has tied up with DLF to set up solar projects on rooftops of the builder's properties, mainly in Gurgaon, where the first smart grid is coming up.
Mahindra Lifespace Developers: The company has reported over 36% on-year rise in standalone net profit at Rs.15 crore for the quarter ended June 30.
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