Tata Steel: Driven by improvement in sales volume and higher prices of steel, Tata Steel on Tuesday got back to the profit mode by posting a consolidated net profit of Rs 231.40 crore for the December quarter. It had registered a consolidated net loss of Rs 2,747.7 crore in the same quarter of the previous fiscal.
NHPC: The state-run hydropower producer NHPCBSE -1.44 % posted an annual 25.8 per cent jump in its net profit at Rs 214.69 crore for the third quarter and also announced a buyback plan to raise Rs 2,616.59 crore.
BayerBSE -0.71 % CropScience: The company on Tuesday reported 26 per cent rise in its net profit at Rs 36.8 crore for the quarter ended December. Its net profit stood at Rs 29.3 crore in the year-ago period.
Blue DartBSE -0.21 % Express: Logistics services provider Blue Dart ExpressBSE -0.21 % reported a 46.31 per cent fall in its standalone net profit at Rs 28.17 crore for the quarter ended December 31, 2016. Its standalone net profit in the year-ago period was Rs 52.47 crore.
Rate-sensitive stocks: Rate sensitive stocks such as auto, banking and real estate are likely to remain in focus on Wednesday ahead of the RBI monetary policy later in the day. ..
Earnings Today: Bharat ForgeBSE 1.78 %, CiplaBSE 1.53 %, Hero MotoCorp, NTPCBSE 0.81 % and United Breweries will announce their financial results for the quarter ended December 31, 2016 on Wednesday.
Jindal Stainless: The company posted a net profit of Rs 40 crore for the quarter ended December 31, 2016 against net loss of Rs 134 crore in the corresponding quarter last year.
Quess Corp: Quess Corp Limited, a subsidiary of Thomas Cook (India), has entered into definitive agreements for acquiring Comtel Solutions Pte. Ltd., Singapore on February 06, 2017.
United Breweries (Holdings) Ltd: In a major jolt to liquor baron Vijay Mallya, the Karnataka High Court on Tuesday ordered the winding up of United Breweries (Holdings) Ltd (UBHL), the parent company of UB Group, for recovering dues payable by the UBHL-promoted defunct Kingfisher AirlinesBSE 3.03 % Limited.
Gujarat Mineral DevelopmentBSE -4.29 % Corporation: The company on Tuesday posted a net profit of Rs. 46.54 crore for the quarter ended December 31, 2016 as compared to Rs 46.61 crore for the quarter ended December 31, 2015.