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Focus will be on JustDial’s board meet on Monday, which will consider a buyback proposal and Q1 results. Among the other prominent companies that will announce results are Avenue Supermarts and Divi’s Laboratories (Saturday), United Spirits (Sunday), Ambuja Cements, Bharti Infratel, Delta Corp, GIC Housing, Indiabulls Housing, Indiabulls Real Estate, Hudco, HDFC Bank, IRB Infra, L&T Infotech, Swaraj Engines, Tata Communications, and Texmaco Rail.
A host of companies will turn ex-dividend on Thursday. For investors wishing to receive dividend, Wednesday is the last day to buy these shares. These include Axis Bank (₹5/share), Bajaj Auto (₹55), Bajaj Finserv (₹1.75), Bajaj Holdings (₹32.50), Bajaj Finance (₹3.6), Bata India (₹3.5), Laurus Labs (₹1.50), Maharashtra Scooters (₹30), Manali Petrochem (₹0.50), Karnataka Bank (₹4) Supreme Petrochem (₹3.
Swaraj Engines shares jumped to fresh record high at Rs 2,401.90, up nearly 5 percent intraday Thursday after ICICIdirect upgraded the stock to buy on outstanding balance sheet and robust earnings growth.
Here are a few top buzzing midcap stocks picked by CNBC-TV18's analysts in trade today Allcargo Logistics, Wipro, Nucleus Soft, IDFC Bank, Swaraj Engines, Zensar Technologies, and ICICI Prudential Life.
Swaraj Engines surged 14.67% to Rs 1,896 at 10:14 IST on BSE after net profit rose 29.8% to Rs 15.28 crore on 41% growth in net sales to Rs 160.77 crore in Q4 March 2017 over Q4 March 2016.
As a result of the Board of Directors recommendation, on Tuesday, April 25, 2017, of equity dividend of 180% for the financial year ended 31st March 2017, shares of Swaraj Engines soared over 15% in an early morning trade on the BSE.
Shares of Swaraj Engines touched 52-week high of Rs 1,984.20, rises 20 percent inyraday Wednesday as company has reported strong numbers for the quarter ended March 2017.
Over a dozen companies will announce their Q4 and full-year results on Tuesday. These include Wipro, IDFC Bank, LIC Housing Finance, ICICI Prudential Life Insurance Company, Indian Bank, M&M Financial Services, Nucleus Software, CanFin Homes, Kewal Kiran Clothing, International Paper APPM, Persistent Systems, Welspun India, Swaraj Engines, Zee Learn, Zensar Technologies, Andaman Rubber Company and Rajasthan Petro Synthetics.