Stocks To Watch In Indian Share Market

STOCKS TO WATCH- Tuesday - BEML, CONCOR, GMR Infra, Hindustan Petroleum, Infosys

Balmer Lawrie & Co Ltd: 

Balmer Lawrie & Co Ltd., the MS drums maker, will be in focus after it posted a net profit of Rs 260.8 million for the third quarter ended Dec 31, 2016, against Rs 334.7 million in the year-ago period.

BEML Ltd:

BEML Ltd., the defence equipment maker, will be in focus after it reported over two-fold growth in net profit at Rs 217.4 million for the Oct-Dec quarter. The company had reported a profit after tax of Rs 97.3 million at the end of third quarter of last fiscal. 

Container Corporation of India Ltd (CONCOR):

Container Corporation of India Ltd (CONCOR), the state-owned container service provider, will be in focus after it reported a 9.56% decline in net profit to Rs 1.86 billion for the quarter ended Dec 31, 2016. The company had clocked a net profit of Rs 2.06 billion for the corresponding quarter in 2015-16.

Garware-Wall Ropes Ltd: 

Garware-Wall Ropes Ltd., the country's largest maker and exporter of fishing nets, will be in focus after it reported 22.3% net profit after tax (PAT) to Rs 178.6 million in the quarter ending Dec 31, 2016, compared to the same period last year. Its PAT stood at Rs 146.0 million in the corresponding period of FY16.

GMR Infrastructure Ltd: 

GMR Infrastructure Ltd., the infrastructure developer, will be in focus after it reported a standalone net loss of Rs 3.81 billion for the quarter ended Dec 2016. It had posted a net profit of Rs 400.1 million in the corresponding quarter of the 2015-16.

GVK Power & Infrastructure Ltd: 

GVK Power & Infrastructure Ltd., the infrastructure developer, will be in focus on reports that the company has been finalised by Maharashtra's CIDCO to construct the upcoming Rs 16 billion Navi Mumbai International Airport, a greenfield project situated on the mainland. The company which currently manages the Mumbai International Airport Ltd, submitted the highest revenue sharing model of 12.6% per annum, while its sole closest competitor GMR, which managed the New Delhi airport, quoted a figure of 10.44%.

Hindustan Petroleum Corporation Ltd:

Hindustan Petroleum Corporation Ltd., the state run oil marketing company, will be in focus after it reported 52.73% increase in its net profit to Rs 15.90 billion in Dec 31, 2016 as compared to Rs 10.41 billion in the corresponding period last year.

Infosys Ltd: 

Infosys Ltd., the second largest software services exporter, will be in focus after its 33 years of existence, has for the first time recorded negative growth in employee hiring this fiscal, said a senior official of the Telangana Government on Monday, citing the IT giant's co-founder N R Narayana Murthy. ​ Jayesh Ranjan, Secretary of IT Department, quoting Murthy, said the Bengaluru-based IT bellwether had recruited about 6,000 people so far in the current fiscal as against 20,000 to 25,000 every year.

MMTC Ltd: 

MMTC Ltd., the state-run nodal agency, will be in focus after it reported a net profit Rs 740 million for the third quarter to Dec, much higher than the Rs 198.9 million a year ago, on account of higher income. The company's net income from operations stood at Rs 49.50 billion as against Rs 36.35 billion in the corresponding quarter of the previous fiscal.

Muthoot Finance Ltd:

Muthoot Finance Ltd., the gold loan provider, will be in focus after it reported a 56% increase in net profit to Rs 2.92 billion during the third quarter ended Dec 31, 2016. The company's net profit in the corresponding Oct-Dec period of 2015-16 was at Rs 1.87 billion.

NMDC Ltd:

NMDC Ltd., the iron ore miner, will be in focus after it recorded a 41.33% jump in its net profit to Rs 5.95 billion for the quarter ended Dec 2016, mainly on account of higher income. The state-run iron ore miner had clocked a net profit of Rs 4.21 billion for the corresponding quarter of 2015-16.

Petronet LNG Ltd: 

Petronet LNG Ltd., the state-run natural gas distributor, will be in focus after it doubled its net profit to Rs 3.97 billion in the third quarter ended Dec 31 as it handled record volumes of imported gas. Net profit in Oct-Dec at Rs 3.97 billion was 133% higher than Rs 1.71 billion in the same period a year ago.

Prestige Estates Projects Ltd: 

Prestige Estates Projects Ltd., the infrastructure developer, will be in focus after Realty firm it reported 75.51% decline in its consolidated net profit at Rs 683 million for the quarter ended Dec 2016. Its net profit stood at Rs 2.79 billion in the year-ago period.

PTC India Financial Services Ltd (PFS): 

PTC India Financial Services Ltd., the unit of state-owned power finance provider PTC, will be in focus after it reported a rise of 19.8% in its net profit at Rs 832.2 million during the third quarter ended Dec 2016 of the current fiscal. The company's net profit in corresponding Dec quarter of the previous fiscal was at Rs 694.5 million.

SJVN Ltd: 

SJVN Ltd., a state-owned Hydro-electric power generator, will be in focus after it posted a 23% jump in its standalone net profit of Rs 2.62 billion in the quarter ended Dec 31, 2016. The company has posted a net profit of Rs 262 billion for the quarter ended Dec 31, 2016, where as the same was at Rs 2.12 billion for the quarter ended Dec 31, 2015.

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