PSU OMCs, oil E&P stocks in focus after overnight slide in crude oil prices

Shares of public sector oil marketing companies (PSU OMCs), oil exploration and production (E&P) firms and aviation stocks will be in focus after sharp decline in oil prices. Brent for April settlement was currently off 4 cents at $32.68 a barrel. The contract had declined $1.52 a barrel or 4.43% to settle at $32.72 a barrel during previous trading session.

Sun TV Network announced after market hours yesterday, 2 February 2016 that YuppTV, the world's largest over the top (OTT) provider for Indian content has partnered with the company to offer numerous regional entertainment options to its users. Under the partnership, YuppTV will launch 10 channels in four languages-Telugu, Malayalam, Tamil and Kannada in the Middle East and North Africa (MENA). The move will add more content to YuppTV's entertainment repertoire which boasts of over 25000 hours of video content in its catalogue.

DLF's consolidated net profit rose 24.4% to Rs 163.95 crore on 43.31% rise in total income to Rs 2980.73 crore in Q3 December 2015 over Q3 December 2014. The result was announced after market hours yesterday, 2 February 2016.

Crompton Greaves posted a consolidated net loss of Rs 107.03 crore in Q3 December 2015 as compared to net profit of Rs 274.29 crore in Q3 December 2014. Total Income decreased 14.32% to Rs 2087.52 crore in Q3 December 2015 over Q3 December 2014.

Tata Communications' consolidated net profit dropped 79.83% to Rs 21.89 crore on 1.83% rise in total income to Rs 5110.24 crore in Q3 December 2015 over Q3 December 2014. The result was announced after market hours yesterday, 2 February 2016.

United Breweries' net profit rose 80.57% to Rs 72.12 crore on 15.53% rise in total income to Rs 1169.69 crore in Q3 December 2015 over Q3 December 2014. The result was announced after market hours yesterday, 2 February 2016.

RPG Life Sciences' net profit jumped 84.58% to Rs 4.67 crore on 25.44% rise in net total income from operations to Rs 73.17 crore in Q3 December 2015 over Q3 December 2014. The result was announced after market hours yesterday, 2 February 2016.

SRF announced after market hours yesterday, 2 February 2016 that a dedicated plant for manufacturing of specialty chemicals for pharma sector at its chemical complex in Dahej, Gujarat has been commissioned and capitalized on 31 January 2016 at a cost of Rs 43.73 crore.

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