Engineers India in focus after Q1 earnings

Engineers India's net profit fell 29.35% to Rs 56.80 crore on 9.04% decline in total income to Rs 459.15 crore in Q1 June 2015 over Q1 June 2014. The announcement was made after market hours yesterday, 10 August 2015.

Shares of Cipla turn ex-dividend today, 11 August 2015 for dividend of Rs 2 per share for the year ended 31 March 2015.

Tata Steel, Sun Pharmaceutical Industries, State Bank of India, Godrej Industries, Hindustan Copper, NMDC, Bosch and Aditya Birla Nuvo will announce quarterly results today, 11 August 2015.

Power Grid Corporation of India's net profit rose 20.23% to Rs 1366.51 crore on 17.49% rise in total income to Rs 4787.96 crore in Q1 June 2015 over Q1 June 2014. The company announced Q1 results yesterday, 10 August 2015.

Shares of Piramal Enterprises will be in focus. With respect to a news item captioned "Piramal Likely to Hive Off Its Critical Care Business," Piramal Enterprises after market hours yesterday, 10 August 2015 clarified that as part of strategy, the company continually evaluates strategic initiatives with the objective of adding value to shareholders. However, there is no proposal as referred to in the captioned news article, Piramal Enterprises clarified.

On a consolidated basis, Housing Development and Infrastructure (HDIL) reported 2.88% rise in net profit to Rs 59.24 crore on 6.39% rise in total income to Rs 272.51 crore in Q1 June 2015 over Q1 June 2014. The announcement was made after market hours yesterday, 10 August 2015.

Finolex Cables said the board of directors of the company at its meeting held on 10 August 2015, has considered & approved the company's plans to enter into the fan business by setting up a new facility during the year with a capacity to manufacture about 2 lakh fans per month, making additional investment in production facilities at Urse to expand its cable range. Both the investments would primarily be from internal accruals and would require an investment of about Rs 125 crore, Finolex Cables said.

Radico Khaitan reported 9.3% rise in net profit to Rs 18.09 crore on 6.7% rise in total income from operations (net) to Rs 394.74 crore in Q1 June 2015 over Q1 June 2014. The announcement was made after market hours yesterday, 10 August 2015.

Pantaloons Fashion & Retail reported net loss of Rs 73.09 crore in Q1 June 2015, lower than net loss of Rs 78.09 crore in Q1 June 2014. Total income from operations (net) rose 13.79% to Rs 439.27 crore in Q1 June 2015 over Q1 June 2014. The announcement was made after market hours yesterday, 10 August 2015.

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