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About 20 firms, including housing finance majors Can Fin Homes and Dewan Housing Finance will consider their financial numbers for the quarter ended June 2017 on Friday. Ashok Leyland, Indian Bank, City Union Bank, Atul, Balmer Lawrie & Company, DIC India, Hindustan Dorr-Oliver, Mafatlal Finance, Mangalore Refinery & Petrochemicals, Quess Corp, Persistent Systems, Onward Tech, Tata Sponge Iron, Tinplate and Uttam Value Steels will also declare their results.
Uttam Value Steels reports standalone net loss of Rs 205.64 crore in the March 2017 quarter
Over 100 firms will announce their October-December quarter number on Saturday. Among them include ARSS Infra, Autoline, Bharat Wire, Coal India, Crisil, Future Consumer, Glaxo Pharma, Idea Cellular, IFCI, Indo Count, IOL Chemicals, Jamna Auto, KSK Energy, Managalam Cement, McDowell Holdings, Mahanagar Gas, Mercator, Parsvnath, Punj Lloyd, RCom, Reliance Defence, Schneider Electric, TVS Srichakra, Uttam Value Steels, Videocon and VA Tech Wabag.
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Uttam Value Steels reports standalone net loss of Rs 106.80 crore in the June 2016 quarter
Saturday will see a host of companies including Amara Raja Batteries, Ambika Cotton Mills, Andhra Bank, BF Utilities, Centrum Electronics, Hatsun Agro, IFCI, IFGL Refractories, JK Cement, Mangalam Cements, Meghmani Organics, Nagarjuna Oil, Repco Home Finance, Srei Infrastructure Fin, Tata Coffee, Uttam Value Steels, Union Bank of India and Venus Remedies announcing their April-June quarter numbers.
Tata Motors | HCL Technologies | Ambuja Cements | Wipro | Sun Pharma | ONGC | Torrent Power | WIM Plast | EIH | HEG | UFO Moviez | Ugar Sugar | Godrej Consumer | Insecticides India | Uttam Value Steels | Century Plyboard and L&T Infotech are stocks, which are in the news today.
South Korean steel major, Posco, is playing the role of a white knight to help the Miglani family-controlled Uttam Value Steels and Uttam Galva Metallics find an investor to revive their expansion projects. "Discussions have been held with China's Tidfore to pick up a stake in the company. Delegations from Korea and China were recently in India to meet the management of Uttam Galva and the lead lender, State Bank of India (SBI).
The NSE Nifty closed with a gain of 145 points at 8,468. The NSE Nifty opened at 8,413 hitting a high of 8,475 and low of 8,407.
Domestic stock markets snapped six-day rally on Tuesday as investors booked profits in recent gainers amid mixed Asian cues. Sentiments were also affected after a Nikkei survey showed that services sector grew at its slowest pace in seven months in June, marking the third straight month of a declining growth rate, as new business orders turned sluggish.
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Bank of Baroda | Tata Sponge Iron | Bharti Airtel | Zuari Agro | Tata Power | Venus Remedies | Pricol | ARSS Infrastructure | Indian Overseas Bank | Patel Engineering | Nutraplus | Alkem Labs | Parag Milk Foods | Glenmark Pharmaceuticals | Aban Offshore | JB Chemicalss and Bajaj Finserv are stocks, which are in the news today.
Adani Ports and SEZ, Adani Power, BASF India, Alstom T&D, Century Textiles, Cera Sanitaryware, Godrej Consumer, Intellect Design, MRF, IL&FS Investment Managers, Jayshree Tea, Nitin Spinners, Noida Toll Bridge, Ramsarup Industries, Shoppers Stop, Shyam Century Ferrous, Sical Logistics, Tube Investments, TVS Motor and Uttam Value Steels are among the firms that are announcing their Q4 and full-year results on Tuesday.