Top 17 stocks in focus today: Wipro, JSW Energy, MindtreeTop 17 stocks in focus today: Wipro, JSW Energy, Mindtree
Check out the companies which will be in focus during trade today based on recent and latest news developments.
Wipro: The company will announce its Q1 result today.
Mindtree: Mindtree, IT consulting firm, reported a consolidated net profit of Rs. 123.5 crore for the quarter ended 30th June, 2016 registering a decline of 7.14% qoq and 3.74% yoy.
Jaiprakash Power, JSW Energy: JSW Energy has agreed to acquire the 500 MW (2X250 MW) thermal power plant located at Bina in Madhya Pradesh.
Jaiprakash Power Ventures: Jaiprakash Power Ventures Ltd posted a net (loss) of Rs. (1961.60) million for the quarter ended June 30, 2016 where as the net profit was at Rs. 669.60 million for the quarter ended June 30, 2015.
HUL:The company’s standalone revenue stood at Rs 8218.18 crore, rising 5.27% qoq and 3.62% yoy. The company is aiming to become the largest e-commerce player in the grocery/FMCG segment soon.
MRPL:MRPL which has owed $2.56 billion to Iran since 2013, has paid $1.4 billion till now, H Kumar, Managing Director said.
Idea Cellular: Idea Cellular slashed the rates of its 4G, 3G BIG Internet packs by upto 67%.
Bharat Bijlee: Bharat Bijlee reported its net loss at Rs.3.4 crore for the quarter ended June 30, 2016 as compared to Rs.4.8 crore for the quarter ended June 30, 2015.
Gruh Finance: Gruh Finance reported standalone net profit of Rs 60.18 crore for the quarter ended June 30th 2016, declining 31.47 % qoq but rising 19.62 % yoy.
Reliance Industries: As part of its strategy to develop retail offerings at the petrol pumps, Reliance Industries has rearranged its fuel retail business to hive off its fuel retail outlets, for amalgamation of the same with its organized retail arm, says an ET report.
Dabur: The FMCG company said it has acquired South Africa-based Discaria Trading (PTY) Ltd, a firm engaged in manufacturing and trading of cosmetics, for an undisclosed amount.
JSPL: JSPL has announced that it has received shareholder approval to divest 1000 MW Power Plant of Unit.
Hotel Leelaventure: Hotel Leelaventure Ltd has announced that Delhi High Court has passed a judgment on July 15, 2016 setting aside the Award passed by the sole arbitrator in favour of the Company, under which it was held that the minimum guaranteed amounts set out in the supplemental agreement dated February 07, 1994 between the Company and Airports Authority of India (AAI) had become impossible of performance.
Dr. Reddy's: The company announced today that it has launched Omeprazole and Sodium bicarbonate capsules, 20mg/1100mg and 40mg/1100mg, a therapeutic equivalent generic version of ZEGERID (omeprazole/sodium bicarbonate) capsules in the United States market, having been approved by the U.S. Food & Drug Administration.
SPARC: Sun Pharma Advanced Research Company (SPARC) and its parent Sun Pharma have entered into a licensing arrangement for its Elepsia tablets, used in the treatment of epilepsy, in the US market for an upfront payment of $10 million.
Ajanta Pharma: Ajanta Pharma announces the final approval from USFDA and launch of Omeprazole and Sodium Bicarbonate Capsules in the US market, through its wholly owned subsidiary Ajanta Pharma USA Inc.
Shree Cement: Shree Cement Ltd has informed BSE that company participated recently in the auction for coal linkages from South Eastern Coalfields Limited (A subsidiary of Coal India Ltd.) for Cement Sector and won the coal linkage in the State of Chhattisgarh.