ACC may slide after weak Q2 result

ACC's consolidated net profit fell 45.11% to Rs 133.46 crore on 2.13% decline in total income to Rs 3037.12 crore in Q2 June 2015 over Q2 June 2014. The result was announced after market hours on Friday, 17 July 2015.

UltraTech Cement will announce its Q1 June 2015 result today, 20 July 2015.

NTPC said that the Unit-I, II, III and IV of 200 MW each of Koldam Hydro Electric Power Project is declared on commercial operation with effect from Saturday, 18 July 2015. The announcement was made on Saturday, 18 July 2015.

Shares of Bharat Electronics (BEL) will be watched. With respect to news article titled Indian Army shortlists BEL and Punj Lloyd for $100 million air defence guns upgrade, BEL after market hours on Friday, 17 July 2015 clarified that the company is one of the vendors shortlisted after technical evaluation for the contract for which the commercial bids are not yet opened. Hence, the company cannot comment on the value of the contract and also to whom the contract will be awarded, BEL said.

Karnataka Bank reported 10.1% fall in net profit to Rs 109.34 crore on 7.48% rise in total income to Rs 1348.17 crore in Q1 June 2015 over Q1 June 2014. The result was declared after market hours on Friday, 17 July 2015.

On consolidated basis, CRISIL reported 12.26% rise in net profit to Rs 64.92 crore on 10.29% rise in total income to Rs 339.91 crore in Q2 June 2015 over Q2 June 2014. The result was declared after market hours on Friday, 17 July 2015.

Credit Analysis and Research reported 34.2% fall in net profit to Rs 17.49 crore on 10.68% fall in total income to Rs 51.36 crore in Q1 June 2015 over Q1 June 2014. The result was declared after market hours on Friday, 17 July 2015.

Federal Bank reported 35.79% fall in net profit to Rs 141.39 crore on 9.28% rise in total income to Rs 2107.09 crore in Q1 June 2015 over Q1 June 2014. The result was declared on Saturday, 18 July 2015.

On consolidated basis, Oberoi Realty reported 23.69% rise in net profit to Rs 79.57 crore on 18.65% rise in total income to Rs 215.78 crore in Q1 June 2015 over Q1 June 2014. The result was declared on Saturday, 18 July 2015.

J Kumar Infraprojects has scheduled a board meeting on 28 July 2015 to consider stock split proposal.

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