Top 10 Stocks in Focus Today
Wipro: Wipro posted 8.2% year-on-year drop in net profit at Rs 2,070 crore for the second quarter of this financial ended September 30, 2016.
Sun Pharma: Sun Pharmaceutical Industries completed the divestment of its seven prescription brands in India to RPG Life Sciences.
Axis Bank: The bank will announce its Q2 numbers today.
Punj Lloyd: Punj Lloyd’s wholly owned subsidiary – Punj Lloyd Infrastructure (PLIL) has executed definitive agreements with India Infrastructure Fund II (a SEBI registered Category I Alternative Investment Fund represented by its investment manager IDFC Alternatives Limited) to divest three operating solar projects aggregating to 45 MW located in Punjab and Rajasthan subject to customary approvals and other conditions precedent.
Adani Enterprises: The company will announce its Q2 numbers today.
Mandhana Industries: The company has received in-principle approval from Bank of Baroda (Lead bank) for supplication for Strategic Debt Restructuring (SDR) of the company and it is awaiting the advice and approval of the members banks (Term loan and working capital lenders).
Idea Cellular: The telecom company will announce its Q2 numbers today.
M&M: Mahindra and Mahindra has acquired the UK-based two-wheeler manufacturer BSA Company for 34 lakh Pounds (around Rs 28 crore), said a media report.
State Bank of Bikaner and Jaipur: State Bank of Bikaner and Jaipur has reported a loss of Rs 210 crore for the September quarter mainly on account of higher non-performing assets due to changes in the group’s policy of classifying loans and advances.
GMR Infrastructure: GMR Infrastructure’s airport arm has raised $522.60 million by selling bonds to international investors, as per media reports.