Top 12 Stocks in Focus Today
Larsen & Toubro: Larsen & Toubro on Tuesday reported a 84% in its consolidated net profit to Rs 1,435 crore for the quarter ended September 30 as compared to Rs 778 crore in the same period last year.
Sun Pharma: The company announced the execution of definitive agreements by its wholly owned subsidiary, for the acquisition of 85.1% of JSC Biosintez, a Russian pharmaceutical company engaged in manufacture and marketing of pharmaceutical products in Russia and CIS region.
Siemens: The company will announce its Q2 numbers today.
Canara Bank: The bank is planning to sell a portion of its 43% stake in arm Can Fin Homes as part of the government’s diktat asking public sector banks look to sell their noncore businesses.
UltraTech Cement: The company on Tuesday said the Competition Appellate Tribunal (COMPAT) has granted a stay on an order passed by the fair trade regulator Competition Commission of India against the company on deposit of 10% of the penalty amount.
Birla Corporation: Birla Corporation reported an over two-fold jump in standalone net profit at Rs 58 crore for the second quarter ended September 30, 2016. It had registered a net profit of Rs 23 crore in the year-ago period.
EIH Ltd: The company that runs hotels and resorts under Oberoi and Trident brands said it plans to delist its global depository receipts from the London Stock Exchange in February 2017.
Reliance Industries: CAG has pulled up the Income Tax department for giving benefit of Rs 1,767 crore to the port and terminal arm of Reliance Industries by allowing deductions meant for public facilities to the company’s captive jetties.
Britannia Industries: Britannia Industries is planning to double its turnover in the next four to five years and also planning to expand presence overseas in a big way as part of its growth strategy.
Bharti Airtel: The telecom company said its customers in the city could face some “teething issues” over the next few days as the country’s largest telecom operator upgrades its 3G network.
A2Z Infra Engineering: A2Z Infra Engineering that its subsidiary company A2Z Green Waste Management has, on November 19, agreed to a framework with one of its lenders for a settlement of its various debt obligation aggregating to Rs 416.18 crore.
Gujarat Industries Power Company: The company has informed bourses that two more wind turbine generators of 2.1 mw each have been commissioned by GIPCL at the Nakhatrana Wind Farm Site in Gujarat.