INSUBCONTINENT EXCLUSIVE:
NEW DELHI: Nifty futures on the Singapore Exchange traded 20 points, or 0.13 per cent, higher at 12,402.50, indicating a positive start for
Here are a few stocks which may buzz the most in today’s trade:
Kotak Mahindra Bank: The bank is likely to report 25-30 per cent surge in
net profit and a solid 4.4-4.6 per net interest margin (NIM) in December quarter
Federal Bank, Bank of India, Just Dial: Hindustan Zinc, ICICI Securities, Federal Bank, Bank of India, Just Dial and Can Fin Homes will be
other companies which will announce quarterly results today
HDFC Bank: The private lender on Saturday posted a 32.77 per cent year-on-year (YoY) rise in net profit at Rs 7,416.48 crore for the
quarter ended December 2019
It had posted a net profit of Rs 5,585.85 crore in the same period last year
Analysts in an ETNow poll had projected net profit of Rs 7,070 crore.
Reliance Industries: The company reported a 13.5 per cent rise in
quarterly net profit, buoyed by strong performance of its consumer-facing businesses and robust refining margins, which made up for a fall
in income from its petrochemicals business, a major contributor to the conglomerate’s income.
TCS: Tata Consultancy Services, India’s
largest software exporter, on Friday reported an in-line 0.20 per cent year-on-year rise in December quarter profit on the back of a
single-digit rise in revenues from a year ago.
Piramal Enterprises: Ajay Piramal-led Piramal Enterprises’ Rs 3,650-crore rights issue will
have to do all the heavy lifting in the final two days, with the offering subscribed less than 10 per cent until Friday.
Lupin: Drug firm
Lupin said it has received five observations from the US health regulator after inspection of its Vizag facility in Andhra Pradesh
HCL Tech:
The IT services firm is betting on strong demand across sectors, including manufacturing and retail, to continue its growth momentum in the
The company, which posted 15.5 per cent rise in revenue in the December quarter, is also seeing strong growth in the European and US
markets.
YES Bank: Citing continued uncertainty with regards to YES Bank's capital raising plan, Moody's Investors Service placed the bank's
long-term foreign currency issuer rating of B2 under review.
Bharti Airtel: Telecom major Airtel announced Rs 179 prepaid bundle that packs
in a term life cover of Rs 2 lakh from Bharti AXA Life Insurance.
DLF: The National Company Law Appellate Tribunal (NCLAT) has directed
leading real estate player DLF Ltd to register transfer of 60,000 shares to the legal heirs of one of its deceased shareholders and has
imposed a cost of Rs 5 lakh for "harassing the poor investors".