Top 12 Stocks in Focus Today: Zensar Tech, Lakshmi Vilas Bank, Aarti Industries
Ashok Leyland Ltd: Ashok Leyland unveiled its Circuit series electric bus, the country’s first such indigenously made vehicle. Designed and engineered in India, it’s in line with the company’s vision for the future of mass mobility.
HDFC: HDFC Life has reported 12% increase in net profit at Rs 464 crore during the first half of 2016-17 financial year.
UltraTech Cement Ltd: UltraTech Cement said its net profit in the quarter ended 30 September rose 25.27% from a year ago because of higher other income.
Havells India: The company will announce its Q2 numbers today.
Zensar Technologies: The consolidated net revenue for the quarter grew by 2% QoQ to Rs. 772 cr against Rs 757 crore in the previous quarter. The consolidated net profit declined by 2.5% QoQ to Rs 74.5 cr against Rs 76.5 crore of last quarter due to fall in other income.
Aarti Industries: The company informed BSE that the Board of Directors approved the buyback up to 12,00,000 fully paid-up equity shares of face value of Rs 5 representing up to 1.44% of the total number of Equity Shares of the Company at a price of Rs 800.
Axis Bank: Axis Bank has cut the marginal cost of fund based lending rate by 5 basis points across all tenors, effective from Tuesday.
Lakshmi Vilas Bank: The bank reported a 44.6% YoY surge in profit after tax at Rs 64.8 crore for the quarter ended September 30.
Future Consumer Enterprise Ltd: Future Consumer Enterprise Ltd, Future Group’s consumer packaged goods unit, plans to launch a new brand, category or product every two weeks as it aims to have its own labels account for 70% of the products sold in group retail chains such as Big Bazaar and Easyday.
Mastek: The company will announce its Q2 numbers today.
Alankit: The stock will be in focus, it will be the cut-off date for interested investors to avail themselves the benefit of its proposed bonus share issue, as per media report.
Shriram EPC: The company bagged a Rs 61 crore contract for a water supply scheme in Bengaluru. The company has informed the BSE, that it has bagged the contract for a water supply scheme to Robertsonpet (KGF) City under the Centre’s Atal Mission for Rejuvenation and Urban Transformation scheme.