Monday 25 April 2016

Main 20 stocks in concentrate today: Ultratech Cement, RIL, Jet Airways

Ultratech Cement Ltd : Ultratech Cement Ltd will declare its Q4 numbers today. IIFL gauges that the organization's net benefit is relied upon to increment to Rs. 693 crore, developing at a rate of 12.8% yoy and 36.4% qoq.

RIL : Reliance Industries Ltd reported standalone net benefit of Rs. 7,320 crore for the quarter finished March 31, 2016, enlisting development of 17.25% yoy and 1.41% qoq. The organization said that it was hoping to purchase more unrefined petroleum from Iran.

Cairn India : The organization's solidified income remained at Rs. 1,716.86 crore, down 35.87% yoy and 15.82% qoq. Cairn India has sliced its capital consumption for FY17 by 33% to US$100 million (~Rs. 660 crore), reports a business day by day. In a financial specialist presentation post declaring FY16 income, Cairn India said that for FY17, a capex of US$100 million is arranged.

Industrious Systems Ltd : The organization posted a net benefit after duties, minority hobby and offer of benefit of partners of Rs. 808.07 million for the Quarter finished March 31, 2016 when contrasted with Rs. 760.50 mn for the Quarter finished March 31, 2015.

Tata Power : Tata Power Ltd has chosen to build the offer of its renewable vitality yield to 30-40% by 2025, up from its prior focus of 20%, MD and CEO Anil Sardana told a household news organization.

ONGC : ONGC wanting to investigate upwards of 17 shale gas and oil wells in both east and west drifts with an expected speculation of around Rs. 700 crore, reports a business day by day.

L&T : The Blackstone Group is set to purchase a million square feet of retail space in L&T Realty Ltd's Seawoods venture in Navi Mumbai for Rs. 1,450 crore, reports a money related daily paper.

Sasken Communication Technologies : Sasken Communication Tech reported solidified net benefit of Rs. 174.63 crore for the quarter finished March 31, 2016, enlisting development of 1451.71% qoq and 5866.18% yoy.

Zensar Technologies : Zensar Tech Profit After Tax (PAT) dropped to Rs 70.2 crore in Q4 when contrasted with Rs 71.5 crore in Q3 FY16. Net income of the organization was enlisted at Rs. 746.38 crore in Q4 as against Rs. 756.81 crore in Q3.

Havells India : Havells India denoted its entrance into passage level measured switches with the dispatch of its inventive scope of switches named "Reo Bliss".

Bharti Airtel : The nation's biggest remote telecom player as far as endorsers, is considering a last profit, or an offer buyback, or a mix of both for FY16, the organization said in a recording.

Plane Airways : The aeronautics organization said it has gotten shareholders endorsement for the proposed merger of JetLite with itself. The leading group of Jet Airways had cleared the proposition to blend JetLite, the minimal effort auxiliary with itself, in September a year ago.

HDFC Bank : HDFC Bank reported standalone net benefit of Rs. 3,374.22 crore for the quarter finished March 31, 2016, enlisting development of 20.21% yoy and 0.52% qoq.

TCS : TCS has framed a long haul key organization with Vistara. According to the understanding TCS will give an expansive scope of IT administrations in the region of IT Management, application support and application advancement to help Vistara accomplish its objective in client experience, operational perfection and in addition cost authority.

Tata Motors : Tata Motors is wanting to raise Rs, 300 crore through issuance of non-convertible debentures (NCDs) to meet its development arrangement.

Mahindra and Mahindra Financial Services : The organization reported standalone net benefit of Rs. 370.27 crore for the quarter finished March 31, 2016, enrolling development of 11.06% yoy and 451.27% qoq.


GVK Power : GVK Power and Infrastructure Ltd gave over its stage I control plant to AP Discoms for a last terminal estimation of Rs.261.27 Crore.

Author : Ways2Capital

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