INSUBCONTINENT EXCLUSIVE:
Nifty futures on the Singapore Exchange were trading 23 points, or 0.21 per cent, higher at 10,884.50, indicating a positive start for the
Here are a few stocks which may buzz the most in today’s trade:
Bosch, Godrej Industries: Bosch, Fortis Healthcare, Godrej Industries,
NBCC, Bharat Forge, Repco Home Finance, Adani Gas, Siti Networks, Ansal Housing, Ruchi Soya, Safari Industries, Talwarkars Better Value
Fitness are among companies which are scheduled to report their quarterly earnings on Wednesday.
IIFL Holdings: Promoters and key employees
have bought shares of the company from the open market in the last one week
According to BSE data, Nirmal Jain, the chairman of the IIFL group, acquired 1 lakh shares of IIFL, while MD, K Ventaraman, and director
Karan Bhagar bought 50,000 and 75,000 shares from the market between February 5 and 12
Axis Bank: The government's share sale in Axis Bank held through SUUTI witnessed a blockbuster start with institutional investors putting
in bids worth over Rs 8,000 crore by lapping up 2.56 times the shares reserved for them on the first day of the offer for sale (OFS)
Retail investors will bid today.
Sun Pharmaceutical Industries: Drug major Sun Pharmaceutical Industries reported nearly four-fold jump in
its consolidated net profit at Rs 1,241.85 crore for the quarter ended on December 31, 2018.
Coal India: State-owned Coal India said its
consolidated net profit rose 50 per cent to Rs 4,566.81 crore during the third quarter ended December 31, on higher income
The company had posted Rs 3,042.68 crore net profit during the same quarter a year ago, Coal India said in a BSE filing.
Crisil: Largest
domestic rating agency Crisil has reported a 19 percent jump in consolidated net profit at Rs 113.8 crore in the December quarter on an 11.5
percent rise in consolidated income at Rs 496.5 crore.
RCom: The National Company Law Appellate Tribunal (NCLAT) Tuesday adjourned the
hearing over Reliance Communications' plea to proceed with insolvency process to March 6
A two-member bench headed by Chairman Justice S J Mukhopadhaya said a matter is also pending before the Supreme Court against RCom and hence
adjourned it.
Hindalco:Aditya Birla Group company Hindalco Industries Tuesday reported a 34.38 per cent decline in standalone net profit to
Rs 247.46 crore for the December 2018 quarter due to increased cost of materials consumed
It had clocked a profit of Rs 377.14 crore in the corresponding quarter in the previous fiscal, Hindalco Industries Ltd said in a BSE
filing.
Dr Reddy's Labs: The drug maker said it has launched Tadalafil tablets, used for the treatment of pulmonary arterial hypertension in
the US market.
Religare Enterprises: The comapny saw its standalone net loss narrowing to Rs 10.33 crore during the December 2018 quarter,
compared with Rs 45.14 crore a year ago.
Zenith Birla: The company has entered in to one-time settlement (OTS) with Invent Assets
Securitisation Reconstruction (Loan assigned by State Bank of India) against the credit facilities availed by the company
JK Paper: The
company reported a 72.26 per cent jump in standalone net profit to Rs 120.26 crore for the third quarter ended December 2018 on account of
improved realisation, better operating parameters and reduced finance cost.
NCL India: Public sector NLC India Ltd Tuesday recorded net
profit for the October-December 2018 quarter at Rs 329.49 crore
The Tamil Nadu-based firm registered net profit at Rs 313.80 crore during the corresponding period of previous fiscal.
Hind Rectifiers:
Industrial power electronics and power conversion equipment Hind Rectifiers reported nearly four times jump in net profit at Rs 3.15 crore
for the quarter ended December 31, 2018 as against Rs 66 lakh in the same period last year on the back of improved sales
Punjab Sind Bank: State-owned Punjab Sind Bank reported a net profit of Rs 22 crore in the third quarter ended December 2018
It had reported a loss of Rs 258 crore in the corresponding period of 2017-18, according to a release by the company.
(With inputs from
PTI)ADRsOn Tuesday, American depository receipts (ADRs) of Dr Reddy's Labs, Vedanta and Wipro gained 3.90 per cent, 2.75 per cent and 1.95
Tata Motors ADRs were p 2.07 per cent
HDFC Bank ADRs gained 1.43 per cent
