2014,
Trading Tips & Focus Stock for Today
Timkin India Ltd:
Bearings maker Timken India reported a 49 per cent drop in net profit to Rs 4.57 crore in the October-December quarter on higher expenses.
Reliance Infrastructure Ltd:
According to an ET Now poll, its adjusted net profit is likely to fall to Rs 337 crore, down 31 per cent, as against a net profit of Rs 378 crore in the corresponding quarter of the last fiscal year.
GlaxoSmithKline Consumer Healthcare:
The pharma major posted a 15 per cent jump in October-December quarter net profit at Rs 79.75 crore on volumes growth. The company,
which sells nutrition powders like Boost and Horlicks, had posted a post tax net of Rs 69.65 crore in the corresponding period last year.
SKS Microfinance Ltd:
SKS Microfinance plans to raise up to Rs400 crore, the third such capital issue since its inception to tap into fresh lending opportunities arising from rural buoyancy. The company's board on Tuesday also approved its 'SKS Microfinance 3.0' plan
for "reinvention" and realigning the management structure. Five key executives were elevated as part of this effort.
Bank of Baroda:
The bank is likely to report a net profit of Rs 1,020 crore for the quarter ended December 2013, up 0.8 per cent, against a net profit of Rs 1,011.6 crore in year-ago period, says ET Now poll.
EIL Ltd:
Engineers India Ltd announced a price band of Rs 145-150 for its follow-on public offer (FPO) of 3.36 crore shares on Wednesday. The offer comprises 10 percent of the company's paid-up capital. The company also announced a discount of 6 a share on the offer price for retail investors and employees.
NMDC Ltd:
Fair trade regulator CCI has ruled out allegations of anti-competitive practices against National Mineral Development Corporation with respect to mining activities and production of iron-ore in Karnataka, said media reports.
Persistent Systems Ltd:
Persistent Systems has entered into a definitive agreement to acquire privately-held CloudSquads, an innovative consultancy that has
created social communities for over 70 global companies, said media reports.
Bharti Airtel:
Bharti Airtel has restructured its Africa operations into four business units and appointed key executives effective April 1, in a renewed push towards turning around the unprofitable business.
Stock to Focus: 06th February'2014
Timkin India Ltd:
Bearings maker Timken India reported a 49 per cent drop in net profit to Rs 4.57 crore in the October-December quarter on higher expenses.
Reliance Infrastructure Ltd:
According to an ET Now poll, its adjusted net profit is likely to fall to Rs 337 crore, down 31 per cent, as against a net profit of Rs 378 crore in the corresponding quarter of the last fiscal year.
GlaxoSmithKline Consumer Healthcare:
The pharma major posted a 15 per cent jump in October-December quarter net profit at Rs 79.75 crore on volumes growth. The company,
which sells nutrition powders like Boost and Horlicks, had posted a post tax net of Rs 69.65 crore in the corresponding period last year.
SKS Microfinance Ltd:
SKS Microfinance plans to raise up to Rs400 crore, the third such capital issue since its inception to tap into fresh lending opportunities arising from rural buoyancy. The company's board on Tuesday also approved its 'SKS Microfinance 3.0' plan
for "reinvention" and realigning the management structure. Five key executives were elevated as part of this effort.
Bank of Baroda:
The bank is likely to report a net profit of Rs 1,020 crore for the quarter ended December 2013, up 0.8 per cent, against a net profit of Rs 1,011.6 crore in year-ago period, says ET Now poll.
EIL Ltd:
Engineers India Ltd announced a price band of Rs 145-150 for its follow-on public offer (FPO) of 3.36 crore shares on Wednesday. The offer comprises 10 percent of the company's paid-up capital. The company also announced a discount of 6 a share on the offer price for retail investors and employees.
NMDC Ltd:
Fair trade regulator CCI has ruled out allegations of anti-competitive practices against National Mineral Development Corporation with respect to mining activities and production of iron-ore in Karnataka, said media reports.
Persistent Systems Ltd:
Persistent Systems has entered into a definitive agreement to acquire privately-held CloudSquads, an innovative consultancy that has
created social communities for over 70 global companies, said media reports.
Bharti Airtel:
Bharti Airtel has restructured its Africa operations into four business units and appointed key executives effective April 1, in a renewed push towards turning around the unprofitable business.
0 comments: