23 November 2016
Top 5 Stocks in Focus Today: Canara Bank, UltraTech Cement
Check out the companies which will be in focus during trade today based on recent and latest news developments.
Top stocks in focus today
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Canara Bank: The bank is planning to sell a portion of its 43% stake in arm Can Fin Homes as part of the government's diktat asking public sector banks look to sell their noncore businesses.
UltraTech Cement: The company on Tuesday said the Competition Appellate Tribunal (COMPAT) has granted a stay on an order passed by the fair trade regulator Competition Commission of India against the company on deposit of 10% of the penalty amount.
Reliance Industries: CAG has pulled up the Income Tax department for giving benefit of Rs 1,767 crore to the port and terminal arm of Reliance Industries by allowing deductions meant for public facilities to the company's captive jetties.
Bharti Airtel: The telecom company said its customers in the city could face some "teething issues" over the next few days as the country's largest telecom operator upgrades its 3G network.
Larsen & Toubro: Larsen & Toubro on Tuesday reported a 84% in its consolidated net profit to Rs 1,435 crore for the quarter ended September 30 as compared to Rs 778 crore in the same period last year.