Top 5 stocks in focus today: ICICI Bank, Britannia Industries

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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ICICI Bank: ICICI Bank reported net profit of Rs 3,102 crore for the quarter ended September 30, 2016 against Rs 3,030 crore in the corresponding quarter a year ago.

Wipro: The company on Monday announced the launch of its Open Banking API (Application Programming Interface) Platform. The Open API platform, will enable banks and financial institutions to launch Open Banking initiatives and create new forms of distribution channels and servicing capabilities, provide access to third-party application marketplaces, and comply with emerging regulatory norms through the standardisation of APIs.

L&T: L&T-MHPS Boilers Pvt Ltd has signed a technology licence agreement for selective catalytic reduction systems with Mitsubishi Hitachi Power Systems Ltd.

Britannia Industries: Britannia Industries posted a 5.8% rise in its consolidated net profit to Rs 234 crore in the quarter ended September 30, 2016 as compared to Rs 221 crore in the year-ago period.

IT stocks: IT stocks will be in focus today. Cognizant reported 11.8% in net profit to $444.4 million in the July-September quarter, but cut its annual revenue forecast for the third straight time this year.

Top 5 Stocks in Focus Today: Punjab National Bank, Bank of Baroda

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.

Punjab National Bank: Punjab National Bank reported a net profit of Rs.549 crore in the second quarter of the current fiscal, a fall of 11% from the Rs 621 crore profit recorded in the corresponding year-ago period.

Reliance Industries: Reliance Industries partners are considering joining the arbitration that the Mukesh Ambani-run firm is planning to initiate against the government for slapping a $1.55 billion demand for “unfairly enriching” by producing natural gas belonging to Oil and Natural Gas Corp, as per media reports.

Bank of Baroda:  Bank of Baroda reduced the marginal cost of fund (MCLR) based interest rates by 10 basis points across different tenors with effect from 7 November.

PNB Housing Finance: Shares of PNB Housing Financeis going to list on bourses today.

Union Bank of India: Union Bank of India reported its net profit at Rs 177 crore in the September quarter, down 73% from Rs 658 crore posted a year ago, on account of a massive rise in provisions for bad loans.

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  

Give Missed Call @ 78-79-88-11-22.

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.