Thursday 21 April 2016

Main 15 stocks in concentrate today: Reliance Industries, Hindustan Zinc, Tata Steel

Dependence Industries : RIL will declare its Q4 comes about today. IIFL gauges that the Mukesh Ambani-drove organization's net incomes are relied upon to plunge to Rs. 54,601 crore, at a rate of 2.6% yoy and 3.5% qoq.

Hindustan Zinc  : Hindustan Zinc , nation's driving zinc maker and some portion of Vedanta Resources, reported standalone net benefit of Rs. 2,149.13 crore for the quarter finished March 31, 2016, enlisting development of 7.59% yoy and 18.65% qoq.

DHFL : Dewan Housing Finance Ltd is in converses with get Andromeda Sales and Distribution Pvt Ltd - one of the biggest wholesalers of advances, home loan, financing and money related instruments in India, reports a business day by day.

Cairn India : Cairn India will report its Q4 comes about today. IIFL gauges that the organization's net incomes are required to plunge to Rs. 1,619 crore, at a rate of 36.9% yoy and 17.1% qoq.

Piramal Enterprises : Piramal Enterprises has contributed Rs. 256 crore in Sanghi Industries, a Kutch-based concrete organization with creation limit of 4.1 million tons a year (mtpa).

IndusInd Bank : The bank reported standalone net benefit of Rs. 620.35 crore for the quarter finished March 31, 2016, enlisting development of 25.25% yoy and 6.77% qoq.

Srei Infrastructure Finance : The organization said that the procedure of stake deal in Viom Networks Limited to American Tower Corporation (ATC) has been finished.

Tata Steel : The UK government is allegedly wanting to obtain a minority stake of as much as 25% in Tata Steel's UK business to bolster the deal. This move goes ahead the moves made by the UK government to rescue a large number of occupations after Tata Steel put its whole UK operations on the piece, says report.

Bharti Infratel : The board will consider the proposals for dispersion of benefits of the Company till the money related year finished March 31, 2016, by method for profit or purchase back of a bit of completely paid up value offers or a mix thereof, in its meeting planned to be hung on April 26, 2016.

NMDC : The legislature is wanting to offer 10% of its stake in iron metal mining organization NMDC through an offer available to be purchased, according to media reports.

Silk Creditcare Network Ltd : The top managerial staff of the organization will be hung on April 25, 2016, to consider and support the issuance of 2,50,00,000 Non-Convertible, Rated, Redeemable, Cumulative, Preference Share (NCRCPS) on a private situation premise to the persons fitting in with non-promoter bunch, alongside different things of Agenda.

Glenmark Pharmaceuticals : Glenmark Pharma has gotten three perceptions from the US wellbeing controller for its Pithampur, Indore plant.

Shreyas Shipping and Logistics : The has added ninth compartment vessel to its armada, along these lines setting out on giving week after week consistent network in the middle of east and west shore of India.

RPP Infra Projects Ltd : RPP Infra Projects has gone into a consortium concurrence with Siemens for presenting a joint offer to Power Grid Company of Bangladesh to introduce substations.

Anuh Pharma : The pharma organization said that the World Health Organization (WHO) has suspended its items – Pyrazinamide and Sulfadoxine – from prequalified rundown of dynamic pharmaceutical fixings (API)

Dishman Pharma : Dishman Pharma has declared that it has gotten gesture for Bonus Share issue.

Preeminent Industries : The organization has posted a net benefit of Rs. 115 crore for the quarter finished March 31, 2016 though the same was at Rs. 102.2 crore for the quarter finished March 31, 2015.

Cyient : Cyient net benefit dropped 24% to Rs. 66 crore in Q4 FY16 when contrasted with Rs. 86.84 crore in Q3. The organization enlisted an aggregate salary of Rs.815.8 crore as against Rs.781.8 crore qoq. Cyient had a one-time loss of Rs.8.7 crore.

Author : Ways2Capital

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