The Indian market is expected to open higher on Friday despite muted trend seen in other Asian markets.
Here is a list of Ten stocks that are likely to be in focus today:
Wipro Ltd: India’s third largest software exporter has executed one of its largest acquisitions in the last decade and bought US-based healthcare technology services firm HealthPlan Services for $460 million.
Coal India Ltd: The world’s largest coal miner CILBSE -0.85 % today reported a 13.9 per cent increase in consolidated net profit at Rs 3,718 crore for the quarter to December on the back of higher sales.
BHEL: State-run power equipment maker BHELBSE -11.09 % reported standalone net loss of Rs 1,101.99 crore for the quarter ended December 31, 2015 due to higher expenses and lower revenues.
ONGC: Oil & Natural Gas Corp’s profit collapsed 64% in the three months through December, a second straight quarterly decline, following a crash in oil prices.
Adani Power Ltd: The company on Thursday said it plans to make an investment totalling Rs 18,400 crore for setting up of 1,600 Mw thermal power projects and 1,000 Mw solar project in Karnataka.
Tata Steel Ltd: Global agency Moody’s downgraded credit ratings of Tata SteelBSE -5.02 % on a weaker than expected operating performance in its key operating markets of India, Europe and Southeast Asia on account of persistently weak steel prices.
Reliance Industries Ltd: Reversing its earlier stand, Reliance IndustriesBSE -2.42 % has decided to participate in the AP Shah panel that’s examining the issue of migration of gas from ONGC’s to RIL’s gas blocks in the KG Basin.
Oriental Bank of Commerce: OBC said it plans to raise up to Rs 1,500 crore through issue of preference shares to the government and LIC.
Capital First Ltd: Small-size non-banking finance company Capital First reported a net profit of Rs 44.53 crore in the December quarter, a growth of 49 per cent from Rs 29.91 crore a year ago.
Jaiprakash Power Ventures Ltd: The company reported a standalone net loss of Rs 140.28 crore in the quarter ended December 31, 2015.