Tuesday 19 July 2016

Top 32 stocks in focus today: Wipro, JSW Energy, Mindtree, Hotel Leelaventure

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

Wipro: The company will announce its Q1 result today.
Stock Market
Mindtree: Mindtree, IT consulting firm, reported a consolidated net profit of Rs. 123.5 crore for the quarter ended 30th June, 2016 registering a decline of 7.14% qoq and 3.74% yoy.

Jaiprakash Power, JSW Energy: JSW Energy has agreed to acquire the 500 MW (2X250 MW) thermal power plant located at Bina in Madhya Pradesh.

Jaiprakash Power Ventures: Jaiprakash Power Ventures Ltd posted a net loss of Rs. 1961.60 million for the quarter ended June 30, 2016 where as the net profit was at Rs. 669.60 million for the quarter ended June 30, 2015.

HUL
:The company’s standalone revenue stood at Rs 8218.18 crore, rising 5.27% qoq and 3.62% yoy. The company is aiming to become the largest e-commerce player in the grocery/FMCG segment soon.

Ultratech Cement: Ultratech Cement will announce its Q1 results today.

Camlin Fine Sciences: The company said that State Level Environment Impact Assessment Authority, Gujarat, has granted environment clearance to set up a manufacuring facility for hydroquinone/catechol and its downstream products at the Dahej SEZ. It had investment plans of Rs.180 crore for the unit.

MRPL:MRPL which has owed $2.56 billion to Iran since 2013, has paid $1.4 billion till now, H Kumar, Managing Director said.

Indiabulls Real Estate: The company said that it has raised Rs.20 crore through issue of non-convertible debentures on private placement basis.

Syndicate Bank: The bank said it has raised Rs.930 crore in the form of unsecured non-convertible (UNC).

Idea Cellular
: Idea Cellular slashed the rates of its 4G, 3G BIG Internet packs by upto 67%.

Bharat Bijlee: Bharat Bijlee reported its net loss at Rs.3.4 crore for the quarter ended June 30, 2016 as compared to Rs.4.8 crore for the quarter ended June 30, 2015.

Gruh Finance: Gruh Finance reported standalone net profit of Rs 60.18  crore for the quarter ended June 30th 2016, declining 31.47 % qoq but rising 19.62 % yoy.

Reliance Industries: As part of its strategy to develop retail offerings at the petrol pumps, Reliance Industries has rearranged its fuel retail business to hive off its fuel retail outlets, for amalgamation of the same with its organized retail arm, says an ET report.

Dabur: The FMCG company said it has acquired South Africa-based Discaria Trading (PTY) Ltd, a firm engaged in manufacturing and trading of cosmetics, for an undisclosed amount.

JSPL: JSPL has announced that it has received shareholder approval to divest 1000 MW Power Plant of Unit.

Hotel Leelaventure: Hotel Leelaventure Ltd has announced that Delhi High Court has passed a judgment on July 15, 2016 setting aside the Award passed by the sole arbitrator in favour of the Company, under which it was held that the minimum guaranteed amounts set out in the supplemental agreement dated February 07, 1994 between the Company and Airports Authority of India (AAI) had become impossible of performance.

Dr. Reddy's: The company announced today that it has launched Omeprazole and Sodium bicarbonate capsules, 20mg/1100mg and 40mg/1100mg, a therapeutic equivalent generic version of ZEGERID (omeprazole/sodium bicarbonate) capsules in the United States market, having been approved by the U.S. Food & Drug Administration.

Onward Technologies: The net profit for the quarter was at Rs.1.2 crore. The total income was at Rs.53.1 crore as against Rs.47.6 crore year-on-year (YoY).

SPARC: Sun Pharma Advanced Research Company (SPARC) and its parent Sun Pharma have entered into a licensing arrangement for its Elepsia tablets, used in the treatment of epilepsy, in the US market for an upfront payment of $10 million.

Ajanta Pharma: Ajanta Pharma announces the final approval from USFDA and launch of Omeprazole and Sodium Bicarbonate Capsules in the US market, through its wholly owned subsidiary Ajanta Pharma USA Inc.

Shree Cement: Shree Cement Ltd has informed BSE that company participated recently in the auction for coal linkages from South Eastern Coalfields Limited (A subsidiary of Coal India Ltd.) for Cement Sector and won the coal linkage in the State of Chhattisgarh.

Hinduja Foundries: Hinduja Foundries reported narrowing of its standalone net loss to Rs.36.57 crore for the quarter ended June 30, 2016.

Exide Industries: The company has posted a net profit of Rs.1960.50 million for the quarter ended June 30, 2016 as compared to Rs.1557.10 million for the quarter ended June 30, 2015.

Upper Ganges Sugar: The company's shareholder has approved the scheme of arrangement between Co and Oudh Sugar.

NALCO: Navratna CPSE National Aluminium Company Limited (Nalco) has signed an MoU with the Ministry of Mines, Govt. of India regarding financial and non-financial targets for the FY 2016-17.

Transformers and Rectifiers: The board of directors of the company to consider to raise funds through issue of securities through Qualified Institutional Placement or preferential allotment.

Pil Italica Lifestyle Ltd : The company receives order of 11,800 pieces of Dust Bins from Vijayawada Municipal Corporation, Andhra Pradesh and made contribution towards Swachh Bharat Mission -Step towards Cleanliness, a project started by Prime Minister of India.

Capital First Ltd: The company has informed BSE that the Debenture Committee constituted by the Board of Directors of the Company has approved a issue of Rated, Listed, Secured, Non-Convertible securities in the nature of Debentures (NCD's) of INR 100 crores plus Green Shoe Option of INR 100 crore on private placement basis.

Piramal Enterprises: The Board of Directors of the Company to consider and approve the issue of secured non-convertible debentures amounting upto Rs. 1,000 crores on private placement basis.

Mold-Tek Technologies Ltd : The company is setting up new branch at Vijaywada to further enhance its capacity in structural engineering services for the Company's US Clients.

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