Top Stocks Are To Focus | Stock Market News

TNS STOCKS TO WATCH – Thursday (24/NOV/2016) -Bannari Amman, NBCC, OIL, SBI, Tata Motors, UltraTech
Bannari Amman Sugars Ltd:

Bannari Amman Sugars Ltd., the sugar maker will be in focus after it announced nearly 12-fold rise in net profit at Rs 453.7 million for the quarter ended September 30, 2016 against Rs 38.1 million in the corresponding quarter last year.

HPL Electric Ltd:

HPL Electric Ltd., will be in focus after it informed bourses that it has received revision in ratings for various facilities from India Rating & Research.

Jindal Stainless Ltd:

Jindal Stainless Ltd., the steel maker will be in focus after the company reported a net loss of Rs 650 million during the quarter ended September 30, 2016 as against net loss of Rs 1.23 billion in the corresponding quarter last year.

Lupin Ltd:

Lupin Ltd., India's third largest drug maker by sales, Wednesday announced that it received tentative approval for Epzicom tablets used for treating HIV infection.

NBCC Ltd:

NBCC Ltd., the real estate developer will be in focus after it entered into MoU with Rosinformexport LLC, a subsidiary of RT-Business Development an investment company of Rostec State Corporation, a 100% state owned company of Russia, having expertise in ICT/ digital products. NBCC and Rosinformexport shall collaborate to jointly participate in the Smart City projects in India.

Oil India Ltd:

Oil India Ltd., the state run refiner will be in focus after it informed excahnges that the board would consider bonus share issue in the board meeting scheduled to be held on November 28, 2016.

PC Jeweller Ltd:

PC Jeweller Ltd., the jewellery maker will be in focus after it posted net profit of Rs 1.07 billion the quarter ended September 30, 2016 as compared to Rs 919.2 million in the corresponding quarter last year.

Pratibha Industries Ltd:

Pratibha Industries Ltd., will be in focus after it announced that Tamil Nadu Water Supply and Drainage Board has awarded a contract to the Company for providing combined water supply scheme to 293 rural habitations in Musiri, Thathyanagarpettai, Thuraiyur and Uppiliyapuram unions in Trichy District including paid maintenance for five years. The total value of the contract is Rs 922.2 million.

Rallis India Ltd:

Rallis India Ltd., a Tata group company will be in focus after it announced that it has signed an agreement for increasing its stake in its subsidiary, Zero Waste Agro - Organics (ZWAOL) from 73.63% to 100%. Consequently, ZWAOL will become a wholly owned subsidiary of Rallis India, on completion of the acquisition of the balance shares in ZWAOL.

Siemens Ltd:

Siemens Ltd., the Indian arm of Germany's Siemens AG, reported an 11-fold jump in its forth quarter ended September 30, 2016. The company's net profit shot to Rs 24.67 billion from Rs 2.19 billion y-o-y due to stake sale in healthcare undertaking.

State Bank of India:

State Bank of India (SBI), the state-run largest lender will be in focus after it cut interest rates by massive 125-190 basis points on domestic bulk term deposits across various tenures with effect from Thursday after receiving huge deposits post demonetisation.

Tata Motors Ltd:

Tata Motors Ltd., the owner of Jaguar Land Rover (JLR) luxury brand will be in focus as it has called an extraordinary general meeting (EGM) on December 22 to seek shareholders' approval for removing Cyrus Mistry and Nusli Wadia as directors of the company.

UltraTech Cement Ltd:

UltraTech Cement Ltd., the largest cement maker will be in focus after it proposed an issue of unsecured redeemable non-convertible debentures amounting to Rs 4.00 billion on private placement basis.

Results Today:

Suven Life Sciences, Opto Circuits (India), Manpasand Beverages, Jindal Poly Films and Aditya Birla Fashion will announce their financial results today.

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