Top Stocks Are In Focus | Share Market Tips

STOCKS TO WATCH- Thursday- Cipla, Hero MotoCorp, Reliance Power, Tata Motors, Union Bank

Amtek Auto Ltd:

Amtek Auto Ltd., the largest integrated auto component maker, will be in focus after it clarified that nothing has been finalised yet. The company issued a clarification following the media report that suggested it raising $1 billion via asset monetisation.

Cipla Ltd:

Cipla Ltd., the drug maker, will be in focus after its fiscal third-quarter net profit jumped 44% on higher income amid margin expansion.

Future Retail Ltd & LT Foods Ltd:

Future Retail Ltd., & LT Foods Ltd., both engaged in retail business, will be in focus after exchanges revised daily circuit filter to 10%.

Hero MotoCorp Ltd:

Hero MotoCorp Ltd., the world's largest two-wheeler maker, will be in focus after it reported a decline of 2.6% in standalone net profit to Rs 7.73 billion in the Oct-Dec quarter, mainly on account of demonetisation. The company had posted a net profit of Rs 7.93 billion in the same period a year ago.

Hathway Cable and Datacom Ltd: 

Hathway Cable and Datacom Ltd., the largest digital cable TV and broadband service provider, will be in focus after it reported its standalone net loss widened to Rs 444 million during the third quarter ended on Dec 31, 2016. It had posted net loss of Rs 411.8 million in the Oct-Dec period a year ago.
The company is planning to acquire Hathway Cables television business via slump sale.

Kalindee Rail Nirman Ltd & Texmaco Rail & Engineering Ltd:

Kalindee Rail Nirman Ltd & Texmaco Rail & Engineering Ltd., the rail infrastructure developer will be in focus ahead of amalgamation. Last December, both companies received Delhi High Court's approval to merge. 

Manappuram Finance Ltd: 

Manappuram Finance Ltd., the non-banking financial company, will be in focus after it registered an over two-fold jump in its consolidated net profit at Rs 2.03 billion for third quarter ended Dec, 2016. Its net profit in the corresponding Oct-Dec quarter of 2015-16 was Rs 1 billion.

Reliance Power Ltd: 

Reliance Power Ltd., the power supplier to Mumbai and Delhi, will be in focus after it posted a 14.4% yoy rise in its consolidated net profit at Rs 2.76 billion for the third quarter ended Dec 31, 2016.

Reliance Infrastructure Ltd:

Reliance Infrastructure Ltd., the largest private power utility and construction company, will be in focus after Competition Commission has approved the acquisition of power transmission business of Anil Ambani-led Reliance Infrastructure by Adani group firm Adani Transmission. As per the deal, R-Infra will sell its Western Region Transmission Gujarat project (WRTG) and the Western Region Transmission Maharashtra project (WRTM) to Adani Transmission.

Sunteck Realty Ltd: 

Sunteck Realty Ltd., the realty developer, will be in focus after it announced that it is forming a new vertical to explore the option of value housing in the backdrop of government's recent thrust on affordable housing. The developer is planning to invest up to Rs 10.00 billion over the next two years to develop these projects, said a top company official. The new vertical will focus on developing projects that will qualify for tax benefits and other incentives offered under the Union Budget in locations including Thane, Kalyan and Navi Mumbai.

Triveni Turbine Ltd: 

Triveni Turbine Ltd., the steam turbines maker, will be in focus after it posted around 18% jump in its consolidated net profit for the Dec quarter at Rs 358.2 million. Its consolidated net profit for the quarter ended Dec 31, 2015 stood at Rs 312.2 million.

Tata Motors Ltd: 

Tata Motors Ltd., the maker of Nano & Jaguar Land Rover, will be in focus after it reported a 3% rise in global sales in January at 95,081 units, including that of Jaguar Land Rover (JLR) vehicles. The company had sold 93,355 units in January 2016.

Thermax Ltd:

Thermax Ltd., the energy and environment engineering company, will be in focus after it has posted a net profit of Rs. 566.60 million for the quarter ended December 31, 2016 as compared to Rs. 637.30 million for the quarter ended December 31, 2015. Total Income has decreased from Rs. 10601.70 million for the quarter ended December 31, 2015 to Rs. 8341.80 million for the quarter ended Dec 31, 2016.

Union Bank of India: 

Union Bank of India., the state-owned lender, will be in focus after it posted a 32.4% jump in net profit at Rs 1.04 billion for third quarter ended Dec 31, 2016, on healthy earnings from interest. The bank's net profit had stood at Rs 785.4 million in the year-ago period.

United Breweries Ltd: 

United Breweries Ltd., the alcoholic beverages company, will be in focus after it reported quarter ended Dec 31, 2016, net profit of Rs 484.9 million, down 32%, against Rs 712.5 million in the corresponding quarter last year.

Earnings Today: 

Andhra Bank, Aurobindo Pharma, Bank of India, Bata India and JK Tyre & Industries will announce their financial results for the quarter ended December 31, 2016 on Thursday.

Traders & Investors Can Subscribe For Stock & Derivatives Trading Tips , Click Here http://bit.ly/1T3cqCb