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Top Stocks to be Focused for 2 Dec 2016

Top Stocks to be Focused for 2 Dec 2016

Clariant Chemicals: The company reported 86 per cent drop in net profit at Rs 3.46 crore for the quarter ended September 30, 2016 against Rs 24.89 crore in the corresponding quarter last year.

Coal India: Coal India reported that its coal production grew by 5.3 per cent to 50 million tonnes (mt) in November as compared to 47.47 mt of coal produced in the corresponding month last fiscal.

AstraZeneca Pharma India: The company has got an extension from its parent firm AstraZeneca UK to sell anti-bacterial drug Meronem in India for the next six months.

Vedanta: Mining conglomerate Vedanta plans to invest Rs 15,000 to 20,000 crore over three years to expand its alumina and aluminium producing capacity.

Tata Motors: The auto major on Thursday reported sales of 38,900 units in November compared to 38,918 units in the same month last year.

TVS Motor Company: TVS Motors sales growth also remained flat at 2,24,971 units in November compared with 2,25,401 units in the same month last year.

Wipro: The company announced that it has been awarded a three-year IT infrastructure services and digital transformation contract by Woodside, an Australian oil and gas company with a global presence.

Shilpa Medicare: The company on Thursday announced that the board has approved the raising of funds of up to Rs 175 crore by issuing equity shares on preferential basis to TA FII investors Ltd, Mauritius.

Ujjivan Financial Services: The company on Thursday informed bourses that it has submitted an application on Thursday to the Reserve Bank of India, Regional Office, Bangalore for the registration of the company as core investment company.

United Bank of India: The bank on Thursday revised the rate of interest on deposits above Rs 1 crore.

Results today: ParsvnathBSE -0.25 % Developers, Nagarjuna Fertilizers and Chemicals, IL&FS Transportation Networks, GE Power India and Dredging CorporationBSE -0.08 % will announce their financial results for the quarter ended Setpember 30, 2016 on Friday.

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