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Top Stocks to be Focused for 19 Jan 2017

Top Stocks to be Focused for 19 Jan 2017

Axis Bank: The private sector bank is likely to report a 73.7 per cent Year-on-Year (YoY) fall in net profit to Rs 572.50 crore, but on a quarter-on-quarter basis, the net profit could grow by 79.4 per cent.

Yes Bank: Yes Bank BSE -0.89 % which is scheduled to report results for the quarter ended December 30 on Thursday is likely to post 17 per cent year-on-year (YoY) growth in net profit to Rs 790.50 crore, Kotak Institutional Equities said in a  ..

Pfizer: The world’s top drugmaker by revenues, has warned that a strengthening dollar would be “a very big challenge” for the company in 2017, raising concerns for US corporations that generate a significant percentage of sales from overseas, said a media report.

KPIT Technologies: IT consulting and product engineering firm KPIT Technologies posted a net profit of Rs 73.6 cr for the quarter ended 31stDecember 2016, up 2.1 per cent over the corresponding quarter last year, and up 30.98 per cent over the previous quarter.

Cipla: Cipla BSE -0.21 % on Wednesday said its arm Goldencross Pharma Pvt Ltd has entered into an agreement to sell its 100 per cent stake in Four M Propack to Shriji Polymers for Rs 19.20 crore.

Hatsun BSE 2.04 % Agro: The company reported 64.5 per cent YoY growth in the net profit to Rs 28.8 crore for the quarter ended December 31, compared with Rs 17.5 crore reported in the year-ago period.

Sasken Communication: The company reported 34 per cent QoQ growth in the net profit to Rs 12.9 crore for the quarter ended December 31, compared with Rs 9.6 crore reported in the year-ago period.

Orient Green BSE 2.39 % Power: Infrastructure Leasing and Financial Services (IL&FS) is in advanced talks to merge its wind energy assets with Chennai-based listed Orient Green PowerBSE 2.39 %.

Uttam Galva: Aion Capital Partners — a joint venture venture between Apollo Global Management, one of the world’s largest distress asset investors, and ICICI Venture is planning to throw a lifeline at the troubled steel maker Uttam GalvaBSE 9.74 %.

Monnet Ispat BSE 7.29 % Energy: Sajjan Jindal’s JSW SteelBSE -0.42 %, Sudhir Maheshwari-led Synergy Capital and global private equity fund Blackstone are in discussions with lenders for a controlling stake in Monnet Ispat Energy through the strategic debt restructuring (SDR) route, said a media report.

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