The Indian market is expected to open lower on Monday tracking muted trend seen in other Asian markets.
Here is a list of top Ten stocks that are likely to be in focus today:
RIL: Reliance Industries Ltd reported 15.9 per cent year-on-year increase in net profit including exceptional items to Rs 7,398 crore ($ 1.1 billion) for the quarter ended March 31, compared to Rs 6,381 crore reported in the corresponding period of the previous year.
Cairn India: Cairn India reported its biggest quarterly loss of Rs 10,948 crore in the quarter ended March 31 mainly because of impairment loss on goodwill and non-producing oil and gas assets due to drop in oil prices.
Sasken Communication Technologies: Sasken Communications reported a consolidated net profit of Rs 174.63 crore for the March quarter on the back of exceptional income of Rs 298.12 crore.
TCS: Full-service airline Vistara has entered into a strategic partnership with TCSBSE 1.03 % for a broad range of information technology services, including application maintenance services and airport infrastructure support.
IOB & UCO Bank: The National Stock Exchange will exclude mid-cap lenders Indian Overseas BankBSE -0.78 % and UCO BankBSE -0.37 % from the futures and options segment, the exchange said in a circular on Friday.
Reliance Defence and Engineering Ltd: RDEL said it will raise up to Rs 1,200 crore through rights issue to augment long-term resources and exit from corporate debt restructuring (CDR).
Bajaj Finance: The company has raised Rs 400 crore through issuance of bonds on a private placement basis. The decision was taken by the Debenture Allotment Committee of the company today, Bajaj FinanceBSE 0.00 % said in a regulatory filing.
NHPC: NHPCBSE -0.22 % said its board will next week consider raising up to Rs 900 crore through issuance of secured non-convertible corporate bonds on private placement basis to meet debt requirement and refinancing PFC loan.
Mahindra & Mahindra Financial Services: M&M Financial Services reported a 12 per cent rise in consolidated net profit at Rs 411.33 crore for the quarter ended March 31.
Tata Motors: TML said it plans to raise Rs 300 crore through issuance of non-convertible debentures (NCDs) to meet its expansion plan. The fund-raising is a part of the company’s plan to mop up Rs 4,400 crore through issuance of NCDs in one or more tranches on a private placement basis.