2014,
Divi's Laboratories Ltd:
The pharma major is expected to report 32 per cent growth in net profit for the quarter end December 31 to 190 cr, as compared to Rs 144 cr reported in the year ago period.
M&M Ltd:
Auto-maker Mahindra & Mahindra reported 13.77 percent decline in its total sales at 42,685 units in January. The company had sold 49,503 units in the same month previous year, the company said in a statement.
Jaiprakash Power Ventures Ltd:
Abu Dhabi's flagship energy and utilities company TAQA (energy in Arabic) is set to acquire two hydropower projects in Himachal Pradesh from Delhi-based Jaypee Group at an enterprise valuation of Rs 12,000-13,000 crore ($1.9- 2.07 billion) signaling growing appetite among foreign investors for infrastructure assets.
IOC, BPCL, HPCL:
State owned oil companies have increased diesel price by 57 paise alitre but cut non-subsidised cooking gas rate by Rs 107 per cylinder in Delhi from Saturday.
Maruti Suzuki LTD:
Market Leader Maruti Suzuki India's domestic sales declined by 6.3 per cent to 96,569 units in January from 1.03 lakh units in the same month in 2013, it said in a statement.
Berger Paints Ltd:
The company reported a marginal increase of 7.1 per cent in its consolidated net profit at Rs 82.3 crore for the third quarter ended December 31, 2013.
Tata Motors Ltd:
Tata Motors reported a 34 per cent decline in total vehicle sales to 40,481 units in January. The company had sold 61,660 vehicles in the same month last year.
TVS Motors Ltd:
Two-and-three-wheeler maker TVS Motor Company has registered a 5.90 percent increase in total sales to 1,86,313 units in January 2014.
United Spirits Ltd:
Relay BV, the Dutch arm of the world's biggest spirits maker Diageo, increased its stake in United Spirits - the flagship company of Vijay Mallya-led UB Group - through an open market transaction on Friday. It purchased 35 lakh shares, or 2.41% stake, in United Spirits through a bulk deal at an average price of R2,474.45 per share, said media reports.
Grasim Ltd:
Grasim Industries BSE -0.45 % reported a 39.55 per cent decline in its net profit at Rs 331.93 crore for the October-December quarter on higher raw material and finance costs.
Oberoi Realty Ltd:
The realty developer reported over 49 per cent year-on-year decline in consolidated net profit at Rs 68.06 crore for the quarter ended December.
IDBI Bank Ltd:
IDBI Bank reported a 75 per cent decline in its net profit to Rs 103.96 crore in the third quarter ended December 31, 2013, due to higher provisioning for non-performing assets.
Read more at:
http://economictimes.indiatimes.com/articleshow/29799559.cms?utm_source=contentofinterest&utm_medium=text&utm_campaign=cppst
Stock to Focus: 03rd February'2014
Trading Tips & Focus Stock for TodayDivi's Laboratories Ltd:
The pharma major is expected to report 32 per cent growth in net profit for the quarter end December 31 to 190 cr, as compared to Rs 144 cr reported in the year ago period.
Auto-maker Mahindra & Mahindra reported 13.77 percent decline in its total sales at 42,685 units in January. The company had sold 49,503 units in the same month previous year, the company said in a statement.
Jaiprakash Power Ventures Ltd:
Abu Dhabi's flagship energy and utilities company TAQA (energy in Arabic) is set to acquire two hydropower projects in Himachal Pradesh from Delhi-based Jaypee Group at an enterprise valuation of Rs 12,000-13,000 crore ($1.9- 2.07 billion) signaling growing appetite among foreign investors for infrastructure assets.
IOC, BPCL, HPCL:
State owned oil companies have increased diesel price by 57 paise alitre but cut non-subsidised cooking gas rate by Rs 107 per cylinder in Delhi from Saturday.
Maruti Suzuki LTD:
Market Leader Maruti Suzuki India's domestic sales declined by 6.3 per cent to 96,569 units in January from 1.03 lakh units in the same month in 2013, it said in a statement.
Berger Paints Ltd:
The company reported a marginal increase of 7.1 per cent in its consolidated net profit at Rs 82.3 crore for the third quarter ended December 31, 2013.
Tata Motors Ltd:
Tata Motors reported a 34 per cent decline in total vehicle sales to 40,481 units in January. The company had sold 61,660 vehicles in the same month last year.
TVS Motors Ltd:
Two-and-three-wheeler maker TVS Motor Company has registered a 5.90 percent increase in total sales to 1,86,313 units in January 2014.
United Spirits Ltd:
Relay BV, the Dutch arm of the world's biggest spirits maker Diageo, increased its stake in United Spirits - the flagship company of Vijay Mallya-led UB Group - through an open market transaction on Friday. It purchased 35 lakh shares, or 2.41% stake, in United Spirits through a bulk deal at an average price of R2,474.45 per share, said media reports.
Grasim Ltd:
Grasim Industries BSE -0.45 % reported a 39.55 per cent decline in its net profit at Rs 331.93 crore for the October-December quarter on higher raw material and finance costs.
Oberoi Realty Ltd:
The realty developer reported over 49 per cent year-on-year decline in consolidated net profit at Rs 68.06 crore for the quarter ended December.
IDBI Bank Ltd:
IDBI Bank reported a 75 per cent decline in its net profit to Rs 103.96 crore in the third quarter ended December 31, 2013, due to higher provisioning for non-performing assets.
Read more at:
http://economictimes.indiatimes.com/articleshow/29799559.cms?utm_source=contentofinterest&utm_medium=text&utm_campaign=cppst
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