Wednesday, 3 August 2016

Stocks in focus

Top 14 stocks in focus: HCL Technologies, L&T, Ambuja Cements

03 Aug 2016 08:31 AM

Zydus Wellness Ltd: The company reported a 20.12% rise in consolidated net profit to Rs.23.46 crore for the first quarter ended 30 June.

PC Jeweller: PC Jeweller will announce its Q1 numbers today.

Lupin Ltd: Lupin said it has agreed to buy a portfolio of 21 generic brands from Osaka-based Shionogi & Co. Ltd for ¥15.4 billion yen (Rs.10.08 billion) or $150 million, to strengthen its presence in the world’s second largest pharmaceutical market.

Piramal Enterprises: The company has said it is looking to raise Rs.215 crore through issue of non-convertible debentures on private placement basis.

TVS Motor: The company announced that it has commenced manufacturing products for BMW at its Hosur facility.

Dishman Pharma: The pharma company will announce its Q1 numbers today.

L&T: Larsen & Toubro Infotech Limited, a global Information Technology services & solutions company and a subsidiary of Larsen & Toubro Limited, announced a strategic alliance with Pegasystems.

Voltas: The company has posted a net profit after taxes, minority interest and share of profit of associates and joint ventures of Rs. 157.6 crore for the quarter ended June 30, 2016 as compared to Rs.102 crore for the quarter ended June 30, 2015.

Ambuja Cements: The company has secured 20400 tonne from Western Coalfields (Niljai Colliery) at premium of Rs 140 per tonne over floor price of Rs.1670 per tonne.

Bharti Airtel: Verizon Digital Media Services has tied up with Bharti Airtel to launch new points of presence in four cities of Mumbai, Chennai, Bangalore and New Delhi.

UFO Moviez India:The company has posted a consolidated net profit of Rs.9.8 crore for the quarter ended June 30, as compared to Rs.13.3 crore in the year ago period.

Torrent Power: The company on Tuesday reported a 79.55% drop in consolidated net profit at Rs.45.62 crore for the fiscal first quarter that ended on June 30.

Dewan Housing Finance Corporation is looking to raise up to Rs.70 bn from banks including State Bank of India this fiscal by transferring its existing loan receivables as the housing financier plans to cut down borrowing from banks. 

Karnataka Bank: The bank aims to achieve export credit target of Rs.2,490 crore during the current financial year, as per media reports.

NMDC: State-owned miner National Mineral Development Corporation (NMDC) may foray into rare earth minerals and beach sand mining, among others, according to official sources.

Insecticides (India) Ltd: The company has entered an agreement with Hyderabad Chemical Private Limited, a subsidiary of Nihon Nohyaku Co. Ltd., Japan for marketing the product 'SUZUKA' within territory of India.

Ugar Sugar: The company reported a net profit of Rs.1.1 crore for the quarter ended June 30 compared to a net loss of Rs.92.60 crore reported in the year-ago period.

Sun Pharmaceutical Industries: The company has received final nod from the US health regulator for its generic Metformin Hydrochloride extended release tablets used for the treatment of diabetes.

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