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Oil marketing cos:
Bharat Petroleum Corporation Ltd (BPCL), Hindustan Petroleum Corporation Ltd (HPCL) and Indian Oil Corporation Ltd (IOC) will remain in focus on after they cut petrol price by Rs 2.16 per litre and diesel by Rs 2.10 a litre, reversing the four week trend of rising rates.
Alembic Pharmaceuticals Ltd:
The drug maker will be in focus after it received approval from the US health regulator for Fenofibric Acid Delayed-Release capsules used for lowering high cholesterol and increasing good cholesterol.
Brigade Enterprise Ltd:
The Group will be in focus after it leased 375,000 sq ft office space in Bangalore to Tata Consultancy Services Ltd.
Chennai Petroleum Corporation Ltd (CPCL):
Chennai Petroleum Corporation Ltd (CPCL), the unit of Indian Oil Corporation Ltd, will be in focus after it achieved highest throughput of 10.256 MMTPA during 2016-17, besides reaching the highest ever distillate yield, according to media reports.
Dr Reddy's Laboratories Ltd:
The largest drug maker by sales will be in focus after it launched a generic version of Sofosbuvir 400 mg and Velpatasvir 100 mg fixed-dose combination, indicated for the treatment of chronic hepatitis C, in the country.
Electrosteel Steels Ltd:
The privately owned steel maker will be in focus after it reported a net loss of Rs 2.93 billion during the quarter ended March 31, 2017. It had posted a net profit Rs 2.65 billion in the year-ago quarter, it said in a statement to exchanges.
Housing Development Finance Corporation (HDFC) & ICICI Bank Ltd:
Following State Bank of India (SBI) move, two leading private lenders ICICI Bank and HDFC Ltd slashed interest rate by up to 0.3% for loans of up to Rs 3 million to promote affordable housing.
JK Tyre & Industries Ltd:
The tyre maker will be in focus after it reported consolidated net profit at Rs 920.3 million for the fourth quarter ended March. It had posted a net profit of Rs 1.22 billion in the corresponding period of last fiscal, the company said in a statement to exchanges.
Natco Pharma Ltd:
The drug maker will be in focus after the Reserve Bank of India raised FPI limit.
Rural Electrification Corporation Ltd:
The state run power infrastructure finance provider will be in focus after it entered into Memorandums of Understanding (MoUs) with Tamil Nadu Generation and Distribution Corporation Lied (TANGEDCO) & Tamil Nadu Transmission Corporation Ltd (TANTRANSCO) for extending financial assistance to the tune of Rs 857.23 billion, i.e. financial assistance upto Rs 600.63 billion to TANGEDCO and upto Rs 256.60 billion to TANTRANSCO.
Skippers Ltd:
The power transmission and distribution services provider will be in focus after it received orders worth Rs 5.00 bln for power transmission towers. Meanwhile, the company reported a net profit of Rs 527.8 million for the fourth quarter ending March 17, up by 46% over last year's profit of Rs 361.2 million during the corresponding period.
Sona Koyo Steering Systems Ltd:
Auto component maker will be in focus after JTEKT Corporation offer to buy 51.67 million shares or 26% at Rs 84 per share.
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