Check out the companies which will be in focus during trade today based on recent and latest news developments.
Bharti Airtel: Bharti Airtel will announce its Q3 results today. IIFL forecasts the company’s net profit for Q3 FY16 to fall 21.1% to Rs. 25.6 crore yoy and 25.6% qoq.
HDFC: HDFC reported standalone net profit of Rs. 1,520.51 crore for the quarter ended December 31, 2015, registering growth of 6.66% yoy but decline of 5.23% qoq. The company’s Net Interest Income (NII) stood at Rs. 2,390 crore, clocking growth of 10.10% yoy.
Graphite India: Graphite India reported standalone net profit of Rs. 19.70 crore for the quarter, registering decline of 3.43% yoy.
SKS Micro Finance: The company announced a 93.4% jump in its net profit over a year ago, at Rs.79.5 crore, for the third quarter ended December.
Dabur India: Dabur India will announce its Q3 results today. IIFL expects net profit to surge 23.10% to Rs. 348.20 crore yoy and 2.1% qoq.
Maruti Suzuki: Maruti Suzuki India Ltd, one of the leading players in passenger car market, will announce its Q3 results today. IIFL expects net profit to rise 63.4% to Rs. 1,310.50 crore yoy and 6.9% qoq.
Emami: The company will announce its Q3 results today. IIFL forecasts the company’s net profit for Q3 FY16 to fall to Rs. 129.80 crore, at a rate of 29.3% yoy; however, it is expected to rise 111.6% qoq.
United Spirits: The company has posted a net profit of Rs. 41 crore for the quarter ended December 31, 2015 as compared to Rs. 74.7 crore for the quarter ended December 31, 2014. The company’s revenue stood at Rs. 2,650.58 crore, expanded 21.74% yoy.
Rane Engine: Rane Engine Valve reported its net loss at Rs.8.5 crore for the third quarter that ended on December 31, 2015.
Sagar Cements: Sagar Cements, a mid sized maker of the commodity, reported standalone net profit of Rs. 3.12 crore for the quarter ended December 31, 2015, registering growth of 172.97% yoy.
ICICI Bank: ICICI Bank Ltd, the largest private sector lender in India, will announce its will announce its Q3 results today. IIFL expects EBIDTA margin at 3.4%, with a yoy fall of 5 bps and qoq fall of 10 bps.
Neyveli Lignite Corporation: The company has posted a net profit of Rs. 476.10 million for the quarter ended December 31, 2015 as compared to Rs. 3,094.70 million for the quarter ended December 31, 2014.
Ortel Communications: Ortel Communications reported a 37.5% increase in standalone net profit at Rs.3.89 crore for the third quarter that ended on December 31, 2015.
Bharti Infratel: Bharti Infratel, leading telecom tower infrastructures provider, reported consolidated net profit of Rs. 565.40 crore for the quarter ended Q3FY16, registering growth of 11.54% yoy.
Axis Bank: Axis Bank, India’s third largest private sector bank announced its partnership with Apollo Munich Health Insurance Company to offer its customers bespoke health insurance products and services.
Indosolar: The board of directors of Indosolar has informed the exchanges that banks, at their joint lenders’ meeting, have not considered the second restructuring proposal of the company as of now.
SPARC: The pharma company received Sebi nod for rights issue of Rs. 250 crore.
Lakshmi Precision Screws: The company said its board approved sale of its entire 49% stake in LPS Bossard Pvt Ltd. The 49% stake is valued at Rs.40.18 crore.
Granules India: Granules India will announce its Q3 results today. IIFL expects net revenue to increase to Rs. 393 crore at 22.7% yoy and 7% qoq.
RCOM: The company is likely to seal mobile tower deal with Tillman Global Holdings and TPG Capital in two weeks.The company increased its capital expenditure for the current financial year and next fiscal to about Rs. 4,000 crore.
Shanthi Gears: Shanthi Gears, power transmission products manufacturer, reported standalone net profit of Rs. 5.15 crore for the quarter ended December 31,2015, registering growth of 36.96% yoy.
Kirloskar Oil: Kirloskar Oil Engines reported a 36% decrease in net profit at Rs.21.8 crore for the third quarter that ended on December 31, 2015.
Kajaria Ceramics: The company has posted a net profit after taxes, Minority Interest and Share of Profit/(Loss) of Associates of Rs. 581.90 million for the quarter ended December 31, 2015 as compared to Rs. 456.10 million for the quarter ended December 31, 2014.
Colgate Palmolive: The company has posted a net profit of Rs. 159 crore for the quarter ended December 31, 2015 as compared to Rs. 130.8 crore for the quarter ended December 31, 2014.
BEL: Bharat Electronics Ltd has posted a net profit of Rs. 296 crore for the quarter ended December 31, 2015 as compared to Rs. 271.8 crore for the quarter ended December 31, 2014.
Havells India: The company reported an increase of 3.92% in standalone net profit at Rs. 120.77 crore for the December quarter.
SKF India:The company announced its solar mission with the inauguration of one of the largest rooftop solar installations among manufacturing companies in Pune, with 1MW capacity.
Aurobindo Pharma: The pharma company has received final approval from the US Food & Drug Administration (USFDA) to manufacture and market Voriconazole Tablets, 50 mg and 200 mg.
Ramco Systems: The company said that AAI Worldwide Logistics Inc., and its new express courier busines unit Black Arrow Express will deploy its Logistics Software to streamline to streamline domestic and international freight forwarding operations.
Godrej Consumer: Godrej Consumer reported a 23% rise in consolidated net profit for the quarter ended 31 December on account of lower commodity costs and stringent cost management.
National Buildings Construction Corporation Ltd: The company said it has bagged a Rs. 21.5 bn order from the Indian Trade Promotion Organisation for redevelopment of exhibition venue PragatiMaidan in New Delhi.
HCC: The company will announce its Q3 results today. IIFL forecasts the company’s net profit for Q3 FY16 to tank to Rs. 8.9 crore, at a rate of 67.30% yoy.
Aegis Logistics: The company will announce its Q3 results today. IIFL expects net profit to fall 23.1% to Rs. 30 crore yoy; however, it is expected to rise 11.1% qoq.
Mirza International: Mirza International Ltd, manufacturer and Marketeer of leather and leather footwear, reported standalone net profit of Rs. 15.08 crore for the quarter, registering decline of 2.89% yoy.
Century Ply: The company will announce its Q3 results today. IIFL forecasts the company’s net profit for Q3 FY16 to marginally rise to Rs. 414.90 crore, growing at a rate of 0.3% yoy; however, it is expected to fall 10.3% qoq.
HDFC: HDFC reported standalone net profit of Rs. 1,520.51 crore for the quarter ended December 31, 2015, registering growth of 6.66% yoy but decline of 5.23% qoq. The company’s Net Interest Income (NII) stood at Rs. 2,390 crore, clocking growth of 10.10% yoy.
Graphite India: Graphite India reported standalone net profit of Rs. 19.70 crore for the quarter, registering decline of 3.43% yoy.
SKS Micro Finance: The company announced a 93.4% jump in its net profit over a year ago, at Rs.79.5 crore, for the third quarter ended December.
Dabur India: Dabur India will announce its Q3 results today. IIFL expects net profit to surge 23.10% to Rs. 348.20 crore yoy and 2.1% qoq.
Maruti Suzuki: Maruti Suzuki India Ltd, one of the leading players in passenger car market, will announce its Q3 results today. IIFL expects net profit to rise 63.4% to Rs. 1,310.50 crore yoy and 6.9% qoq.
Emami: The company will announce its Q3 results today. IIFL forecasts the company’s net profit for Q3 FY16 to fall to Rs. 129.80 crore, at a rate of 29.3% yoy; however, it is expected to rise 111.6% qoq.
United Spirits: The company has posted a net profit of Rs. 41 crore for the quarter ended December 31, 2015 as compared to Rs. 74.7 crore for the quarter ended December 31, 2014. The company’s revenue stood at Rs. 2,650.58 crore, expanded 21.74% yoy.
Rane Engine: Rane Engine Valve reported its net loss at Rs.8.5 crore for the third quarter that ended on December 31, 2015.
Sagar Cements: Sagar Cements, a mid sized maker of the commodity, reported standalone net profit of Rs. 3.12 crore for the quarter ended December 31, 2015, registering growth of 172.97% yoy.
ICICI Bank: ICICI Bank Ltd, the largest private sector lender in India, will announce its will announce its Q3 results today. IIFL expects EBIDTA margin at 3.4%, with a yoy fall of 5 bps and qoq fall of 10 bps.
Neyveli Lignite Corporation: The company has posted a net profit of Rs. 476.10 million for the quarter ended December 31, 2015 as compared to Rs. 3,094.70 million for the quarter ended December 31, 2014.
Ortel Communications: Ortel Communications reported a 37.5% increase in standalone net profit at Rs.3.89 crore for the third quarter that ended on December 31, 2015.
Bharti Infratel: Bharti Infratel, leading telecom tower infrastructures provider, reported consolidated net profit of Rs. 565.40 crore for the quarter ended Q3FY16, registering growth of 11.54% yoy.
Axis Bank: Axis Bank, India’s third largest private sector bank announced its partnership with Apollo Munich Health Insurance Company to offer its customers bespoke health insurance products and services.
Indosolar: The board of directors of Indosolar has informed the exchanges that banks, at their joint lenders’ meeting, have not considered the second restructuring proposal of the company as of now.
SPARC: The pharma company received Sebi nod for rights issue of Rs. 250 crore.
Lakshmi Precision Screws: The company said its board approved sale of its entire 49% stake in LPS Bossard Pvt Ltd. The 49% stake is valued at Rs.40.18 crore.
Granules India: Granules India will announce its Q3 results today. IIFL expects net revenue to increase to Rs. 393 crore at 22.7% yoy and 7% qoq.
RCOM: The company is likely to seal mobile tower deal with Tillman Global Holdings and TPG Capital in two weeks.The company increased its capital expenditure for the current financial year and next fiscal to about Rs. 4,000 crore.
Shanthi Gears: Shanthi Gears, power transmission products manufacturer, reported standalone net profit of Rs. 5.15 crore for the quarter ended December 31,2015, registering growth of 36.96% yoy.
Kirloskar Oil: Kirloskar Oil Engines reported a 36% decrease in net profit at Rs.21.8 crore for the third quarter that ended on December 31, 2015.
Kajaria Ceramics: The company has posted a net profit after taxes, Minority Interest and Share of Profit/(Loss) of Associates of Rs. 581.90 million for the quarter ended December 31, 2015 as compared to Rs. 456.10 million for the quarter ended December 31, 2014.
Colgate Palmolive: The company has posted a net profit of Rs. 159 crore for the quarter ended December 31, 2015 as compared to Rs. 130.8 crore for the quarter ended December 31, 2014.
BEL: Bharat Electronics Ltd has posted a net profit of Rs. 296 crore for the quarter ended December 31, 2015 as compared to Rs. 271.8 crore for the quarter ended December 31, 2014.
Havells India: The company reported an increase of 3.92% in standalone net profit at Rs. 120.77 crore for the December quarter.
SKF India:The company announced its solar mission with the inauguration of one of the largest rooftop solar installations among manufacturing companies in Pune, with 1MW capacity.
Aurobindo Pharma: The pharma company has received final approval from the US Food & Drug Administration (USFDA) to manufacture and market Voriconazole Tablets, 50 mg and 200 mg.
Ramco Systems: The company said that AAI Worldwide Logistics Inc., and its new express courier busines unit Black Arrow Express will deploy its Logistics Software to streamline to streamline domestic and international freight forwarding operations.
Godrej Consumer: Godrej Consumer reported a 23% rise in consolidated net profit for the quarter ended 31 December on account of lower commodity costs and stringent cost management.
National Buildings Construction Corporation Ltd: The company said it has bagged a Rs. 21.5 bn order from the Indian Trade Promotion Organisation for redevelopment of exhibition venue PragatiMaidan in New Delhi.
HCC: The company will announce its Q3 results today. IIFL forecasts the company’s net profit for Q3 FY16 to tank to Rs. 8.9 crore, at a rate of 67.30% yoy.
Aegis Logistics: The company will announce its Q3 results today. IIFL expects net profit to fall 23.1% to Rs. 30 crore yoy; however, it is expected to rise 11.1% qoq.
Mirza International: Mirza International Ltd, manufacturer and Marketeer of leather and leather footwear, reported standalone net profit of Rs. 15.08 crore for the quarter, registering decline of 2.89% yoy.
Century Ply: The company will announce its Q3 results today. IIFL forecasts the company’s net profit for Q3 FY16 to marginally rise to Rs. 414.90 crore, growing at a rate of 0.3% yoy; however, it is expected to fall 10.3% qoq.
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