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Top Stocks to be Focused for 02 May 2017

Dabur BSE -0.44 % India : FMCG major Dabur on Monday reported 0.49 per cent rise in net profit at Rs 333.11 crore for the quarter ended March 31, 2017. It had posted net profit of Rs 331.48 crore in the corresponding quarter last year.

Nestle BSE 0.19 % India : Nestle IndiaBSE 0.19 % is exploring ways to bring some products from its 2,000 global brands to the country and also reduce dependency on a single brand, a top company official has said.

JSW Energy : The company on Saturday reported a 91.74 per cent decline in consolidated net profit for the quarter ended March 31 at Rs 24.76 crore, mainly on the back of the fall in revenues. The company had reported a net profit of Rs 299.94 crore in the corresponding quarter last fiscal.

Uttam Galva BSE 8.28 % Steels : Uttam Galva SteelsBSE 8.28 % reported its first quarterly profit in 2016-17 with a standalone net profit of Rs 138.89 crore in the three-month period ended March 31, 2017. The company, which is facing insolvency proceedings after defaulting on loan, had reported a standalone net loss of Rs 671.47 crore in the year-ago quarter.

Cholamandalam Investment BSE -1.18 % and Finance : The company on Friday reported a 14 per cent rise in profit after tax to Rs 220 crore for the March quarter. It had reported a profit after tax (PAT) of Rs 192 crore in the same period last year.

Raymond : Diversified group RaymondBSE -3.34 % reported a 38.03 per cent decline in consolidated net profit to Rs 33.68 crore for the fourth quarter ended March 31. It had posted a net profit of Rs 54.35 crore during the January-March period a year ago, Raymond said in a filing to the BSE.

Tata Motors : Following an improvement in its struggling domestic operations, Fitch Ratings upgraded Tata MotorsBSE -1.25 %’ ratings to BB+ from BB with a stable outlook. The company on Monday reported a 21 per cent decline in total sales in April at 30,972 units as compared to 39,389 units in the same month last year.

Eicher Motors : Royal Enfield, the two-wheeler division of Eicher Motors, on Monday reported a 24.78 per cent jump in total sales at 60,142 units in April. It had sold 48,197 units in April 2016, Eicher MotorsBSE 0.03 % said in a statement.

Maruti Suzuki : Country’s largest car maker Maruti Suzuki IndiaBSE 1.80 % (MSI) posted a 19.5 per cent jump in total sales at 1,51,215 units in April, against 1,26,569 units in the same month last year. Its domestic sales rose 23.4 per cent during the month to 1,44,492 units compared to 1,17,045 units in April 2016.

DCM Shriram : Diversified business group DCM Shriram on Monday reported more than two-fold jump in consolidated net profit at Rs 156.35 crore for the fourth quarter of 2016- 17 year on better performance of its sugar, chemical and plastic businesses. Its net profit stood at Rs 54.53 crore in the year-ago period, the company said in a BSE filing.

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