Top 12 Stocks in Focus Today: Infosys, TCS, HUL
Infosys Ltd: The company has posted a net profit of Rs 3606 crore for the quarter ended September 30, 2016 as compared to Rs 3398 crore for the quarter ended September 30, 2015.
Reliance Industrial Infrastructure Ltd: The company reported 19% decline in net profit to Rs 3.38 crore for the quarter ended September 30, 2016. The company had posted a net profit of Rs 4.19 crore in the year-ago period.
Tata Consultancy Services: TCS reported a profit after tax of Rs 6,603 crore for the September quarter. This was 4.51% QoQ higher than June quarter PAT of Rs 6318 crore the firm reported in June quarter.
DCB Bank Ltd: DCB Bank will announce its Q2 numbers today.
Lupin Ltd: Boehringer Ingelheim has entered into an agreement with Mumbai-based Lupin to co-market empagliflozin, a novel drug for the treatment of Type-II diabetes in adults.
Hindustan Unilever Ltd: Hindustan Unilever to raise prices of some skincare products, affected sales in the September quarter, parent Unilever Plc reportedly said, as per media reports.
NHPC: NHPC has got shareholders’ nod to raise up to Rs 4,500 crore through issuance of bonds on private placement basis in domestic market in the next one year.
ONGC Ltd: ONGC Ltd and Hong Kong-listed United Energy Group Ltd are among bidders for Bangladesh natural gas assets being sold by Chevron Corp, as per media reports.
Bajaj Corp: The company will announce its Q2 numbers today.
Karnataka Bank Ltd: The bank has fixed October 25 as record date for the purpose of determining the shareholders eligible to apply for rights equity shares.
GNFC: Toluene diisocyanate – TDI – prices have increased sharply over the past few days , a huge positive for Gujarat National Fertilizer Company (GNFC), a Gujarat state-owned fertilizer and chemical company and the only manufacturer of TDI in India.
ICICI Bank: ICICI Bank has hit the capital markets, raising Rs 4,000 crore in a bond issue amid hopes of better credit growth during the busy season from October to March, as per media reports.