 "Eleven stocks in focus for trade today")
Here are a few stocks that will be in focus in trade today:
State-owned oil marketing companies such as BPCL, HPCL and IOC are likely to firm up after hike in retail fuel prices. Petrol was hiked by Rs 1.06/litre and diesel was raised by Rs 2.94/litre.
Mortgage lender HDFC will be in focus ahead of its fourth quarter earnings later today.
Lupin could see some action amid reports that the pharma major plans to strengthen its branded and speciality business in the US.
Godrej Properties will be in focus after it acquired 49 per cent stake in its subsidiary Happy Highrises from Karelides Traders for Rs 248.50 crore.
Suzlon Energy may firm after the group's subsidiary AE-Rotor Holding (AERH) BV has announced the redemption of SBLC backed bonds of $590.4 million.
InterGlobe Aviation posted a flat net profit of Rs 579 crore in the fourth quarter of FY16 on a year-on-year basis owing to the impact of rupee depreciation and pressure on yields due to growing competition.
IDFC may see some pressure after consolidated net profit for March quarter declined sharply to Rs 130 crore compare to Rs 382 crore in the March 2015 quarter.
Oberoi Realty may see some pressure after net profit for March 2015 quarter to Rs 64.55 crore compared with Rs 103 crore in the same quarter last fiscal
State-owned oil marketing companies such as BPCL, HPCL and IOC are likely to firm up after hike in retail fuel prices. Petrol was hiked by Rs 1.06/litre and diesel was raised by Rs 2.94/litre.
Mortgage lender HDFC will be in focus ahead of its fourth quarter earnings later today.
Also Read
Yes Bank may firm up after the RBI permitted FIIs/Registered FPIs to invest up to 60% of the paid-up capital of the bank from 49% earlier.
Lupin could see some action amid reports that the pharma major plans to strengthen its branded and speciality business in the US.
Godrej Properties will be in focus after it acquired 49 per cent stake in its subsidiary Happy Highrises from Karelides Traders for Rs 248.50 crore.
Suzlon Energy may firm after the group's subsidiary AE-Rotor Holding (AERH) BV has announced the redemption of SBLC backed bonds of $590.4 million.
InterGlobe Aviation posted a flat net profit of Rs 579 crore in the fourth quarter of FY16 on a year-on-year basis owing to the impact of rupee depreciation and pressure on yields due to growing competition.
IDFC may see some pressure after consolidated net profit for March quarter declined sharply to Rs 130 crore compare to Rs 382 crore in the March 2015 quarter.
Oberoi Realty may see some pressure after net profit for March 2015 quarter to Rs 64.55 crore compared with Rs 103 crore in the same quarter last fiscal
You’ve reached your limit of {{free_limit}} free articles this month.
Subscribe now for unlimited access.
Already subscribed? Log in
Subscribe to read the full story →*Subscribe to Business Standard digital and get complimentary access to The New York Times
Smart Quarterly
₹900
3 Months
₹300/Month
SAVE 25%
Smart Essential
₹2,700
1 Year
₹225/Month
SAVE 46%
*Complimentary New York Times access for the 2nd year will be given after 12 months
Super Saver
₹3,900
2 Years
₹162/Month
Subscribe
Renews automatically, cancel anytime
Here’s what’s included in our digital subscription plans
Exclusive premium stories online
Over 30 premium stories daily, handpicked by our editors
Complimentary Access to The New York Times
News, Games, Cooking, Audio, Wirecutter & The Athletic
Business Standard Epaper
Digital replica of our daily newspaper — with options to read, save, and share
Curated Newsletters
Insights on markets, finance, politics, tech, and more delivered to your inbox
Market Analysis & Investment Insights
In-depth market analysis & insights with access to The Smart Investor
Archives
Repository of articles and publications dating back to 1997
Ad-free Reading
Uninterrupted reading experience with no advertisements
Seamless Access Across All Devices
Access Business Standard across devices — mobile, tablet, or PC, via web or app
SAVE 25%