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Stocks in the news: IIFL Holdings, Sun Pharma, Axis Bank, Coal India and Bosch

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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 Nifty50.

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 per cent, respectively.

Tata Motors ADRs were p 2.07 per cent.

HDFC Bank ADRs gained 1.43 per cent.

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