MCX Tips |
Here
is a list of 15 stocks that are likely to remain in focus on
Wednesday in response to various news triggers: DLF:
Promoters of DLF, India's largest realty developer, are actively
considering a split of the proposed 40% stake sale in the company's
rental commercial property arm between two contenders -US private
equity major Blackstone Group and Singapore's sovereign wealth fund
GIC -said three persons familiar with the development. Essar
Shipping: The
company has reported widening of its standalone loss to Rs 61.95
crore for the quarter ended September 30, 2016. It had posted
standalone loss after tax of Rs 40.79 crore in the corresponding
quarter of previous fiscal.
Coal India: State-owned Coal India on Tuesday reported a massive 77 per cent fall in its consolidated net profit at Rs 600 crore for the quarter ended September, hit by drop in sales and higher expenses. The PSU major had posted a consolidated net profit after tax, minority interest and share of profit of associates of Rs 2,654 crore in the July-September period of the previous fiscal.
Omaxe: Realty firm Omaxe on Tuesday reported a 92 per cent increase in consolidated net profit at Rs 23.69 crore for the second quarter of this fiscal. Its net profit stood at Rs 12.32 crore in the year-ago period.
Coal India: State-owned Coal India on Tuesday reported a massive 77 per cent fall in its consolidated net profit at Rs 600 crore for the quarter ended September, hit by drop in sales and higher expenses. The PSU major had posted a consolidated net profit after tax, minority interest and share of profit of associates of Rs 2,654 crore in the July-September period of the previous fiscal.
Omaxe: Realty firm Omaxe on Tuesday reported a 92 per cent increase in consolidated net profit at Rs 23.69 crore for the second quarter of this fiscal. Its net profit stood at Rs 12.32 crore in the year-ago period.
Den
Networks:
Cable television services firm Den Networks reported a consolidated
net loss of Rs 47.87 crore for the quarter ended September. The
company had posted a consolidated net loss of Rs 97.76 crore in the
July-September period of the last fiscal. Amtek
Auto:
The company reported a standalone net loss of Rs 755.18 crore for the
quarter ended on September 30, 2016, due to fall in income. It had
posted a net loss of Rs 158.62 crore for the quarter ended
September 30, 2015. KRBL
Ltd:
KRBL on Tuesday informed bourses that it has set up a Furfuryl
alcohol plant in Punjab at a total cost of Rs 7 crore. The company,
through this plant, intends to further convert the Furfuryl oil into
refined Furfuryl alcohol, as there is huge demand for Furfuyl alcohol
in India. The commercial production of this plant is expected to
start shortly.
Jindal
Steel & Power (JSPL):
The company on Tuesday informed bourses that Jindal Power Limited, a
subsidiary of JSPL, has successfully obtained Commercial date of
Operation (COD) in respect of 4th and last unit of 4*600 MW Power
Plant at Tamnar wef December 12, 2016. Wockhardt:
Executive Director of Wockhardt LtdBSE 3.17 % Huzaifa Khorakiwala has
launched a healthcare angel fund that is targeting to raise Rs 125
crore to be invested in start-ups. HCC:
Hindustan Construction CompanyBSE 8.19 % (HCC) will next month seek
shareholders' nod for conversion of loan into equity shares or
optionally convertible debentures pursuant to implementation of the
RBI's scheme for sustainable structuring of stressed assets.
Bajaj
Electricals:
Lighting products and consumer durables maker Bajaj Electricals has
partnered UK-based firm Gooee to create innovative lighting products
and solutions on IoT (Internet of things) platform. Results
Today:
Educomp Solutions, Gammon InfrastructureBSE 0.76 %, National
AluminiumBSE 2.38 % and UnitechBSE -0.42 % will announce their
financial results for the quarter ended September 30, 2016 on
Wednesday.
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