Top 12 stocks in focus today: Sun Pharma, Tata Chemicals, Wockhardt
BPCL: The company will announce its Q2 numbers today.
Sun Pharma: Sun Pharma reported an over two-fold jump in its consolidated net profit to Rs 2,235 crore for the September quarter. The company had posted a net profit after taxes, non controlling interests, share of profit/loss of associates and joint ventures of Rs 1,028.8 crore for the same period a year ago.
Tata Chemicals: The company reported a marginal increase in its consolidated net profit at Rs 293 crore for the second quarter of the 2016-17 fiscal, on lower fertiliser sales. Tata Chemicals had posted a net profit of Rs 293 crore in the same quarter of the 2015-16 fiscal.
Bank of Baroda: The bank will announce its Q2 numbers today.
Jain Irrigation: The company reported a net profit of Rs 28 for the quarter ended September 30, 2016 against a net loss of Rs 5.4 crore in the corresponding quarter last year.
Wockhardt Ltd: Wockhardt reported net revenue for the quarter declined 13% to Rs 1064.7 cr during the corresponding quarter of previous year. This was inspite of 8% yoy growth in the UK business and 15% yoy growth in domestic business.
Reliance Defence and Engineering: The company’s standalone net loss narrowed to Rs 116 crore for the quarter ended September 30. It had posted a net loss of Rs 170 crore in the July-September period of the previous fiscal.
Andrew Yule: Andrew Yule reported 79% increase in its standalone net profit at Rs 27.14 crore in the second quarter of 2016-17 on account of higher income. The company had posted a net profit of Rs 15 crore in the year-ago period.
Mahindra and Mahindra: The company will announce its Q2 numbers today.
Polaris Consulting & Services: The IT company on Thursday reported a decline of 27.88 per cent in consolidated net profit at Rs 41.14 crore for the three-month period ended on September 30, 2016, and announced that its CEO Jitin Goyal has quit. The company had reported a net profit of Rs 57 crore for the quarter ended on September 30, 2015.
L&T Technology Services: L&T Technology Services posted 20% increase in its consolidated net profit at Rs 112 crore during the second quarter ended September 30, 2016. The company registered a net profit of Rs 93.5 crore in the same period a year ago.
Balmer Lawrie & Co: Balmer Lawrie reported a marginal rise of 5.6% in net profit at Rs 27.6 crore for the July-September quarter compared to Rs 26.2 crore in the same quarter of the previous year.