Top focused stocks today in indian share market. Market is in positive note and banknifty range is around 10050-10150.
Balrampur Chini Mills Ltd:
Balrampur Chini Mills Ltd., a leading integrated sugar maker, will be in focus on reporting an 8% increase in its net profit at Rs 1.19 billion for the quarter ended June. Its net profit stood at Rs 1.1 billion in the year-ago period.
Colgate-Palmlive(India) Ltd, Hindustan Unilever Ltd:
Colgate-Palmlive(India) Ltd, Hindustan Unilever Ltd., provider of consumer goods, will be in focus after Patanjali Dant Kanti outpaced Hindustan Unilever's Pepsodent and Colgate's Active Salt and GlaxoSmithKline's Sensodyne after nearly trebling its share in the oral care segment over the past year.
Essar Shipping Ltd:
Essar Shipping Ltd., the Essar group led shipping logistic provider, will be in focus on reporting a widening of its standalone net loss to Rs 578 million for the quarter ended Jun 30, 2017. Its standalone net loss in the corresponding quarter of the previous fiscal was Rs 504 million.
GAIL India Ltd:
GAIL India Ltd., the largest state-owned natural gas processor and distributor will be in focus after the Competition Commission of India is investigating at least seven cases of alleged abuse of dominance by GAIL in dealing with its customers, the outcome of which could potentially redraw the rules of the gas marketing business in India. The Commission has clubbed for investigation two cases from this year and five from the previous year.
GE Power India Ltd:
GE Power India Ltd., a provider of power generation and transport sector services, will be in focus after it posted an 83% decline in standalone net profit to Rs 105 million for the first quarter ended Jun 30. The company had posted standalone net profit of Rs 630 million in the corresponding quarter of previous fiscal.
Hexaware Technologies Ltd:
Hexaware Technologies, a software service provider, will be in focus after it reported a profit of $19 million for quarter ended June, up 10.2% from the sequential quarter, helped by stronger margins. Revenue grew 4.9% on constant currency basis to $151.8 million.
Insecticides India Ltd:
Insecticides India Ltd., India's fifth largest agrochemicals maker, will be in focus after its plan to invest nearly Rs 300 million in brown field expansion of its technical facility at Dahej in the current fiscal.
ICICI Prudential Life Insurance Ltd:
ICICI Prudential Life Insurance Ltd., an insurance service provider, will be in focus after? SAT raised objections against IRDAI order on merger with Sahara Life.
InterGlobe Aviation Ltd:
InterGlobe Aviation Ltd., India's largest airline passenger carrier, will be in focus after it is likely to replace the industry's traditional sale-and-leaseback model for aircraft financing with outright purchases for some of its future fleet additions, underscoring the focus on cutting total ownerships expenses by the low-cost airline that on Jul 31 posted the biggest-ever quarterly profit in Indian aviation.
Max India Ltd:
Max India Ltd., a Life insurance provider, will be in focus after the HDFC Life Insurance-Max merger plan did not extend further after several weeks of uncertainty. It is expected that the deal may be called off as the two hadn't been able to find out an alternative structure for the transaction that had been rejected by the regulator in its existing form and because HDFC Life's stakeholders wanted to go for an IPO rather than wait for the union to take place.
Reliance Power Ltd:
Reliance Power Ltd., the Anil Ambani led power supplier, will be in focus after its net profit declined to Rs 2.31 billion in the first quarter of 2017-18 from Rs 3.4 billion as its operating income declined and finance cost increased. The company reported total income of Rs 27.52 billion, almost flat from Rs 27.49 billion a year ago.
Tech Mahindra Ltd:
Tech Mahindra Ltd., India's fifth largest software services exporter, will be in focus after its fiscal first-quarter group profit jumped 35.8% driven by higher revenues from US and other income. Group profit rose to Rs 7.99 billion in the three months ended Jun 30 as compared to Rs 5.88 billion in the previous quarter.
V-Guard Industries Ltd:
V-Guard Industries Ltd., a leading electrical appliance maker, will be in focus after it reported a 46% decline in its net profit to Rs 232.5 million for the first quarter ended Jun 30. The company had posted a net profit of Rs 430.3 million during the same period previous fiscal.
JSW Steel Ltd., Piramal Enterprises Ltd, Power Grid Corporation, Torrent Power, Century Plyboards (India) Ltd., PC Jeweller Ltd., Tech Mahindra Ltd., Marico Ltd., Swastika Investment Ltd., GTPL Hathway Ltd., Tata Investment Corporation Ltd., TajGVK Hotels Resorts Ltd., Euro Asia Exports Ltd., Deccan Bearings Ltd., among others to announce Apr-Jun quarter earnings release today.
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