Top 11 Stocks in Focus Today: Wipro, Sun Pharma, Mindtree

Check out the companies which will be in focus during trade today based on recent and latest news developments. For More Information visit www.marketmagnify.com/freetrial.php  

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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.
Adani Enterprises: The company will announce its Q2 numbers today.
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.
HCL Technologies: The company said it will acquire Butler America Aerospace for USD85mn in cash, a move aimed at strengthening its position in the aerospace and defence engineering services space.
UltraTech Cement: UltraTech Cement said its shareholders have approved the merger of the cement business of the debt-laden JP Group with itself.
RPG Life Sciences: RPG Life Sciences reported its net profit jumped 300% to Rs 10.3 crore in the quarter ended September 2016 as against Rs 2.6 crore during the previous quarter ended September 2015.
Apollo Tyres: Apollo Tyres Ltd has informed BSE that the "Committee of Directors-NCDs" at its meeting held on October 21, 2016, has allotted Non Convertible Debentures (NCDs) on a Private Placement basis aggregating to Rs 300 Crore.

Top 18 Stocks in Focus Today: Reliance Industries, HCL Tech, Wipro

Check out the companies which will be in focus during trade today based on recent and latest news developments. 

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HCL Tech: The company posted a net profit after taxes, minority interest and share of profit /(loss) of associates of Rs 2015.6 crore for the quarter ended September 30, 2016 as compared to Rs 1739.8 crore for the quarter ended September 30, 2015.

Syngene International: The company’s standalone revenue stood at Rs. 303 crore, up 16.09% yoy and 10.18% qoq.
 
Reliance Industries: The consolidated net profit grew by 43% yoy to Rs 9,902 cr against Rs 6926 cr of last year. Petrochemicals EBIT grew by 35.5% to Rs 3417 cr yoy.

Wipro: Wipro has signed a definitive agreement to acquire Appirio that creates next generation worker and customer experiences for a purchase consideration of USO 500 million. The company will announce its Q2 numbers today.

NBCC: NBCC's share sale today garnered 1.54 times subscription from institutional buyers, who put in bids totalling more than Rs 2,700 crore.

Biocon: The company posted 52% rise in net profit over last year for the second quarter ended September 30, led by growth in its small molecules, biologics and research services.

Gulf Oil Lubricants: The consolidated net profit grew by 25% yoy to Rs 30 cr against Rs 24 cr of last quarter.

Praj Industries: The company reported its revenue came in 6.3% lower than the street estimate of Rs 219.6 cr. Moreover, net profit was 66.6% lower than the estimated figure of Rs 9.1 cr.

Ashok Leyland: The company bagged an order from Tanzania government for vehicles, gensets, spares and equipment.

NOCIL: NOCIL Ltd reported 156% increased in consolidated net profit at Rs 46 crore for the quarter ended September 30. The company's net profit in the corresponding quarter of the previous fiscal year was Rs 18 crore.

LIC Housing Finance: The company has posted a net profit of Rs 495 crore for the quarter ended September 30, 2016 as compared to Rs 411 crore for the quarter ended September 30, 2015.

Kajaria Ceramics: The company has posted a net profit after taxes, minority interest and share of profit of associates of Rs 64 crore for the quarter ended September 30, 2016 as compared to Rs 59 crore for the quarter ended September 30, 2015.

D B Corp: The company has posted a net profit after tax, minority interest and after extraordinary items of Rs 88.5 crore for the quarter ended September 30, 2016 as compared to Rs 56.8 crore for the quarter ended September 30, 2015.

Yes Bank: The bank has posted a net profit of Rs 802 crore for the quarter ended September 30, 2016 as compared to Rs 610 crore for the quarter ended September 30, 2015.

L&T: L&T Construction's Smart World & Communications Business Unit announced the signing of the formal contract with the Department of Information & Technology, Maharashtra Government, under which Nagpur will be converted into the country's first large-scale integrated Smart City.

Suzlon Energy: Canadian Solar made its first investment in India's alternative energy sector by acquiring 49% stake each in two projects of Suzlon Energy in Telangana for an aggregate amount of Rs 26.4 crore.

Everest Organics: Everest Organics will remain in focus, as the open offer from acquirers begins on Friday. Dr. Sri Kakarlapudi Srihari Raju and Veerat Finance and Investment plan to acquire 20.8 lakh shares at Rs 18 a share.

Parag Milk Foods: Parag Milk Foods plans to open 120 to 150 Gowardhan shops by March 2017 and has started its pilot in Hyderabad.

ACC: ACC will announce its Q2 result today.

Top 18 Stocks in Focus Today: Reliance Industries, NBCC, Suzlon

Check out the companies which will be in focus during trade today based on recent and latest news developments. For More Information Visit www.marketmagnify.com/freetrial.php 

 Give Missed Call @ 78-79-88-11-22.

Reliance Industries: The company will announce its Q2 numbers today.

NBCC: The government will sell 15% stake in construction company NBCC at a floor price of Rs 246.50 a share on Thursday, which is expected to fetch around Rs 2,200 crore.

Suzlon: Suzlon announced a joint venture with Canadian Solar for developing two solar projects of 15MW each in Telangana.

Hindustan Zinc: Hindustan Zinc reported a 15% dip in net profit during the second quarter ended September 30, 2016 at Rs 1,902 crore on higher depreciation charges.

Tata Coffee Ltd: Tata Coffee reported 62% increase in its consolidated net profit at Rs 44.7 crore for the quarter ended September 30.

Yes Bank: The bank will announce its Q2 numbers today.

KPIT Technologies: The company has posted a net profit after tax, minority interest and share of profit of associates of Rs 56 crore for the quarter ended September 30, 2016 as compared to Rs 74 crore for the quarter ended September 30, 2015.

Bharti Airtel: The company has introduced offers that allow consumers to avail mobile data for as low as Rs 26 per gigabyte.

Quess Corp: Quess Corp said it has entered into agreements to acquire stakes in Singapore-based Comtel Solutions and two domestic firms - Terrier Security Services and Simpliance Technologies - for undisclosed sums.

Sun Pharma: Sun Pharma announced a new collaboration with International Centre for Genetic Engineering and Biotechnology (ICGEB) for development of dengue vaccine targeted against all four serotypes of the virus.

Bayer CropScience Ltd: Bayer reported a marginal increase of 2% in net profit at Rs 159 crore for the quarter ended September 30, on higher sales.

RBL Bank: RBL Bank registered its net profit grow by over a third to Rs 89.89 crore in Q2 FY17. Net interest income for the quarter was Rs 302.94 crore, an increase of 60%.

Piramal Enterprises: The pharma company is planning to more than double revenue of its over-the-counter pharmaceutical business to Rs 1,000 crore by 2020 as it expects to benefit from the changing demography of India where rising disposable income and growing health consciousness is set to increase consumer spending on healthcare, as per media report.

NIIT: NIIT reported a 3.8% YoY rise in consolidated net profit to Rs 21.6 crore for the quarter ended September 30. The company had reported a net profit of Rs 20.80 crore in the same quarter last year.

Ashoka Buildcon: The company said it has received letters of Intent from Dakshinanchal Vidyut Vitran Nigam Limited (DVVNL) to execute a Rural Electricification Project worth Rs 178.6 crore.

ABC Bearings Ltd: ABC Bearings Ltd September quarter net profit rose to Rs 14.5 million compared with Rs 6.2 million year ago period.

Dredging Corporation of India: The company will offer for sale 70,000 equity shares to eligible employees between October 31 to November 9.

Aptech: The company reported consolidated net profit of Rs 7 crore for the quarter ended September 30 compared with 0.46 crore reported in the year-ago period.

LIC Housing Finance: The company will announce its Q2 numbers today.

Unitech: The Supreme Court directed Unitech to refund the principal cost of flats to 39 buyers who had booked apartments in a Gurgaon project seven years back and have still not got possession of their houses.

Top 15 stocks in Focus today: Tata Motors, Endurance Technologies

Check out the companies which will be in focus during trade today based on recent and latest news developments. For More Information Visit www.marketmagnify.com/freetrial.php 

Give Missed Call @ 78-79-88-11-22.

Tata Motors: Tata Motors Ltd said that the board has approved NCD issue of up to 5 billion rupees.

Endurance Technologies: Endurance Technologies is set to list its equity shares on exchanges on October 19. 

L&T Technology Services: The company announced that it has secured a new multiyear, multi-million dollar contract with a large global semi-conductor company to provide verification support on their expansive portfolio of offerings and products.

Hindustan Zinc: The company will announce its Q2 numbers today.

Havells India: Havells India on Tuesday reported a 22% YoY jump in net profit to Rs 145 crore for the September quarter, as per new accounting standard Ind-AS.

JSW Steel: JSW Group will invest Rs 3,400 crore in the state in next 3 years. Jindal who met West Bengal CM Mamata Banerjee said the investment will go into expanding its upcoming cement plant at Salboni.

Sterling Tools: Sterling Tools has informed BSE that a meeting of the Board of Directors of the Company will consider sub-division of the equity shares of the company on Nov 5.

Sintex Industries: The company has submitted to BSE, acquisition of 7,91,440 equity shares of Sintex Industries on 30the September.

Indian Oil Corporation: CLSA has retained its buy rating on Indian Oil Corporation and raised target price by 20 per cent to Rs 810 from Rs 675.

Tata Power: Tata Power has appointed three independent directors - Anjali Bansal, Vibha Padalkar and Sanjay Bhandarkar - on its board with effect from October 14, 2016.

Hatsun Agro Product Ltd: The company is planning to invest around Rs 850 crore during the current fiscal year and next fiscal year, in order to set up two milk processing facilities, along with the expansion of existing facilities and marketing, said a media report.

RBL Bank: RBL Bank will announce its Q2 numbers today.

Apollo Hospitals Enterprise: Apollo Health and Lifestyle, a subsidiary of Apollo Hospitals Enterprise, is planning to raise Rs4.50bn by selling the equity in the company. The company aims to double the network of clinics to 150 centres in the next three years by utilising these funds.

Suven Life Sciences: Suven Life has been granted one product patent each by Europe and Israel for a drug used in the treatment of neuro-degenerative diseases.

Ceat: The company has introduced a new range of puncture-safe tyres for motorcycles, thereby creating a new segment.

Mangalore Chemicals: The company will announce its Q2 numbers today.

Marksans Pharma: Marksans Pharma announced that USFDA has granted approval for an Abbreviated New Drug Application (ANDA) for Paricalcitol Capsules 1mcg, 2 mcg and 4 mcg.