Five stocks to watch out for on Wednesday
Following are the top 5 stocks to watch out for on Wednesday, April 26, 2017.
IDFC Bank: The bank reported a net profit growth of 7% at Rs 176 crore for the fourth quarter ended March 31, 2017, on Tuesday, as against Rs 165.10 crore in the previous fiscal.
Reliance Industries: According to analysts, Reliance Jio Infocomm may extend its aggressive pricing strategy of providing discounts and complimentary services for more than a year, in order to gather around 15% of subscribers.
LIC Housing Finance: The company on Tuesday reported 18% growth in net profit at Rs 529.19 crore in the fourth quarter ended March 31, 2017 as against Rs 448.02 crore in the same quarter last year.
Axis Bank: The leading private sector bank is likely to announce its financial results for the quarter ended March 31, 2017 later today.
Mahindra & Mahindra Financial Services: The company has reported a fall of 37% in net profit at Rs 234 crore for the last quarter ended March 31, 2017, as against its net profit of Rs 370 crore in the corresponding quarter last year.