10 November 2016

Top 15 stocks in focus today: Sun Pharma, Lupin, JK Tyre

Top 15 stocks in focus today: Sun Pharma, Lupin, JK Tyre
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Check out the companies which will be in focus during trade today based on recent and latest news developments.  
  • Sun Pharma: The pharma company will announce its Q2 numbers today.  
  • Bosch: The company reported a net profit of Rs 704 crore for the second quarter ended September 30, 2016. It had posted a net profit of Rs 393 crore in the same quarter last fiscal.  
  • SAIL: SAIL said it has signed a memorandum of understanding (MoU) with South Korean giant Posco for technical collaboration for operational improvements.  
  • Lupin: Lupin reported its profit surged 58% from a year ago on strong sales growth in the US, the drugmaker’s biggest market. Net profit at India’s third largest drugmaker rose to Rs 662 crore for the quarter.  
  • Tata Chemicals: Tata Chemicals will announce its Q2 numbers today. 
  • JK Tyre: The company registered a consolidated net profit of Rs 110 crore for the second quarter ended September 30, 2016 on account of growth in sales of passenger radials and agri tyres. It had posted a net profit of Rs 115.8 crore in the same quarter last fiscal.  
  • Tata Steel: The company might be planning to close down the deficit-hit pension fund at the heart of its UK steel crisis 
  • Bank of India: The bank will announce its Q2 numbers today.  
  • Apollo Tyres: Apollo Tyres reported a decline of 7% in consolidated net profit at Rs 260.03 crore for the quarter ended September.  
  • Balrampur Chini Mills: The company said that the board will consider a proposal for buy back of equity shares of the company on November 15. Shares of the company closed 1.18 per cent up at Rs 115.65.  
  • Narayana Hrudayalaya: Narayana Hrudayalaya announced that its board has approved cessation of operation at its unit at Berhampore, West Bengal by selling its entire shareholding in its wholly owned subsidiary, Asia Healthcare Development Ltd, to Lila Hospitals Private Ltd. 
  • L&T Infotech: L&T Infotech posted 11% rise in consolidated net profit at Rs 232.6 crore for the second quarter ended September 30, 2016. The company registered net profit of Rs 209.1 crore in the same period a year ago.  
  • UCO Bank: The bank reported a net loss of Rs 384.8 crore for the quarter ended September 30, 2016 against a net profit of Rs 156 crore in the same quarter last year.  
  • Snowman Logistics: Snowman Logistics its revenue for the quarter declined 15% yoy to Rs 47 cr as revenue from temperature controlled services declined by 10.7%.

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