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Friday, February 12, 2016

Stocks to Watch


Mahindra & Mahindra Ltd: M&M, one of the leading automobile companies, will announce its financial results on February 12 for the third quarter ended December 31, 2015. IIFL expects net profit to dip to Rs. 787.2 crore at a rate of 6.8% yoy and 4.9% qoq.

Wipro: The IT Company has signed a definitive agreement to acquire HealthPlan Services from Water Street Healthcare Partners, a strategic investor focused exclusively on the health care industry.

Tata Motors: The company’s revenue stood at Rs. 72,256.40 crore, up 2.91% yoy and 17.84% qoq.

Reliance Industries, ONGC: RIL has agreed to participate in the AP Shah panel probing the allegation of theft of gas from the public sector company ONGC’s Krishna Godavari fields, reports a financial newspaper.

Blue Star: Blue Star Ltd. plans to build a greenfield plant in Jammu first and later take up another plant in Sri City in Andhra Pradesh, ED & President B. Thiagarajan said on Thursday.

State Bank of India: State Bank of India,  India's largest PSU lender, reported standalone net profit of Rs. 1,115.34 crore for the quarter ended December 31, 2015, registering decline of 61.67% yoy and 71.24% qoq.

Coal India: The company posted 10.7% growth in its coal supplies during the quarter ending December 2015 of the fiscal 2015-16.  The company’s consolidated revenue stood at Rs. 19,599.42 crore, up by 7.04% yoy and 12.06% qoq.

Hero MotoCorp: The Company posted a net profit after tax of Rs. 7,958.10 million for the quarter ended December 31, 2015 as compared to Rs. 5,829.80 million for the quarter ended December 31, 2014.

Wockhardt: Wockhardt Ltd posted a net profit after taxes, minority interest and share of profit of associates of Rs. 609.70 mn for the quarter ended December 31, 2015 as compared to Rs. 3472.50 mn for the quarter ended December 31, 2014.

ONGC: Oil & Natural Gas Corpn Ltd, multinational oil and gas company, reported standalone net profit of Rs.1,285.62 crore for the quarter ended December 31, 2015, registering decline of 64% yoy.

BGR Energy Systems: The company’s standalone revenue stood at Rs. 616.31 crore, down 37.66% yoy and 25.95% qoq.

BHEL: The company’s standalone revenue stood at Rs. 5,325.37 crore, down 14.08% yoy and 10.32% qoq.

J Kumar Infra: J Kumar Infrastructure Ltd has announced that it has bagged orders worth Rs 133.8 crore From MMRDA.

Tata Steel: Tata Steel will commence commercial steel production from Kalinganagar plant, the company's only greenfield steel mill outside Jamshedpur, from the next fiscal.

NALCO: The company’s standalone revenue stood at Rs. 1,635.26 crore, down 14.2% yoy and 9.91% qoq.

Aurobindo Pharma: The pharma company has received final approval from USFDA to manufacture and market Levofloxacin in 5% Dextrose injection.

TBZ: Tribhovandas Bhimji Zaveri has collaborated with Amazon to sell its diamond jewellery range and gold coins.

Rupa & Company: Rupa & Company Ltd, Kolkata based publishing company, reported standalone net profit of Rs.14.08 crore for the quarter ended December 31, 2015, registering growth of 78.21% yoy.

Liberty Shoes: The company’s standalone revenue stood at Rs. 123.31 crore, down by 14.73% yoy but up by 19.3% qoq.

Chennai Petroleum Corporation: The company’s standalone revenue stood at Rs. 5,088.24 crore, down 46.08% yoy and 14.95% qoq.

Ashok Leyland: The company’s standalone revenue stood at Rs. 4,085.34 crore, up 21.55% yoy but down 17.3% qoq.

Jubilant Foodworks: Jubilant Foodworks, franchisee of leading company Domino's Pizza and Dunkin Donuts, reported standalone net profit of Rs.31.74 crore for the quarter ended December 31, 2015, registering decline of 9.35% yoy.

Indraprastha Gas: The company’s standalone revenue stood at Rs. 929.22 crore, down 1.61% yoy and 4.12% qoq.

Coffee Day Enterprises: The company’s consolidated revenue stood at Rs. 679.60 crore, up 14.78% yoy and 2.07% qoq.

Indian Bank: Indian Bank, state-owned financial services company, reported standalone net profit of Rs. 42.30 crore for the quarter ended December 31, 2015, registering decline of 84.75% yoy and 88.54% qoq.

BEML: The company’s standalone revenue stood at Rs. 763.52 crore, up by 32.35% yoy and 22.91% qoq.

Bank Of India: Bank of India, nationalised bank with a presence in all the major trade centers of the world, reported standalone net loss of Rs. 1,505.58 crore for the quarter ended December 31, 2015, against net profit of Rs. 173.38 crore in the corresponding quarter of the previous year.

Man Industries India: The company will announce its financial results on February 12 for the fourth quarter ended December 31, 2015. IIFL expects net revenue to increase to Rs. 369 crore at a rate of 82.7% yoy and 15% qoq.