Bajaj Auto, Wipro in focus ahead of Q1 result

Shares of Bajaj Auto, GAIL (India) Lupin and Wipro will remain in focus as these companies unveil their Q1 June 2015 result today, 23 July 2015.

Bharti Infratel's consolidated net profit rose 24% to Rs 576 crore on 6% growth in revenue to Rs 3016 crore in Q1 June 2015 over Q1 June 2014. The result was announced after market hours yesterday, 22 July 2015.

Bharti Infratel's EBITDA (earnings before interest, taxation, depreciation and amortization) rose 10% to Rs 1302 crore in Q1 June 2015 over Q1 June 2014.

Commenting on the company's Q1 performance, Akhil Gupta, Chairman of Bharti Infratel said that the company continues to partner with all the operators to rollout data networks at fast pace and continues to maintain highest service quality and uptime.

Bajaj Finserv's consolidated net profit rose 46.19% to Rs 467 crore on 25% growth in gross revenue to Rs 4827 crore in Q1 June 2015 over Q1 June 2014. The result was announced after market hours yesterday, 22 July 2015.

Mahindra & Mahindra (M&M) after market hours yesterday, 22 July 2015 said that it will launch the New Thar CRDe, its popular true blue off-roader on 22 July 2015. Targeted at the off-roading enthusiasts and people wanting to make a unique style statement, the New Thar CRDe will come with enhanced exteriors, and all new interiors with added comfort & convenience features, all of which will take the legendary off-roader to the next level, M&M said. The Thar CRDe, reflects the company's legendary tough and rugged DNA like no other model and is the most favoured recreational 4x4 vehicle among enthusiasts, it added. Over the years, the Thar has played a significant role in shaping the lifestyle vehicle segment in India, M&M said.

IndusInd Bank after market hours yesterday, 22 July 2015 said that it has inaugurated a new branch in Chandigarh. The bank plans to further strengthen its presence and customer reach in Punjab and Haryana with more branches in the coming quarters, IndusInd Bank said.

Container Corporation of India's net profit fell 21% to Rs 206.90 crore on 11.9% growth in net sales to Rs 1420.85 crore in Q1 June 2015 over Q1 June 2014. The result was announced after market hours yesterday, 22 July 2015.

United Breweries' net profit fell 4.68% to Rs 122.81 crore on 3.08% growth in total income to Rs 1501.86 crore in Q1 June 2015 over Q1 June 2014. The result was announced after market hours yesterday, 22 July 2015.

Indiabulls Real Estate after market hours yesterday, 22 July 2015 said that pursuant to and in terms of applicable provisions and shareholders' authorization, the company yesterday, 22 July 2015, issued and allotted an aggregate of 3.67 crore equity shares of face value of Rs 2 each of the company at the issue price of Rs 67 per equity share, and an aggregate of 4.36 crore warrants, convertible into equivalent number of equity shares of face value of Rs 2 each of the Company at an exercise price of Rs 67 per equity share to the Promoter Group entities namely, SG Infralands and SG Devbuild.

CEAT's consolidated net profit rose 134.19% to Rs 121.01 crore on 0.57% growth in total income to Rs 1474.74 crore in Q1 June 2015 over Q1 June 2014. The result was announced after market hours yesterday, 22 July 2015.

Muthoot Finance's net profit rose 1.64% to Rs 183.15 crore on 4.63% growth in total income to Rs 1142.61 crore in Q1 June 2015 over Q1 June 2014. The result was announced after market hours yesterday, 22 July 2015.

SKS Microfinance's net profit rose 23.98% to Rs 61.15 crore on 67.29% growth in total income to Rs 282.64 crore in Q1 June 2015 over Q1 June 2014. The result was announced after market hours yesterday, 22 July 2015.

Shares of IDFC turn ex-dividend today, 23 July 2015, for dividend of Rs 2.60 per share for the year ended 31 March 2015.

Shares of Motherson Sumi Systems turn ex-dividend today, 23 July 2015, for dividend of Rs 3 per share for the year ended 31 March 2015.

Shasun Pharmaceuticals said that the High Court of Judicature of Madras has sanctioned the Scheme of Amalgamation with Strides Arcolab pursuant to its order dated 16 June 2015. Certified copy of order was received on 22 July 2015. The announcement was made after market hours yesterday, 22 July 2015

The Scheme of Amalgamation will be effective on receipt of the approval from High Court of Bombay, Foreign Investment Promotion Board and other approvals as may be required and on filing of a copy of the order of High Courts with respective Registrar of Companies, Shasun Pharmaceuticals said.

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