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Top Stocks to be Focused for 9 Dec 2016

Top Stocks to be Focused for 9 Dec 2016

Bharti Airtel: Bharti AirtelBSE -0.09 % has started offering free voice calls bundled with 4G data as part of two aggressively priced mass-market bucket packs, signalling a full-blown tariff war aimed at thwarting Mukesh Ambani-owned Jio from poaching its lower and medium-end customers, reckoned to make up nearly 70 per cent of its user base.

Claris Lifesciences: The company reported net profit of Rs 32.38 crore for the quarter ended September 30, 2016 against net profit of Rs 11.99 crore in the corresponding quarter last year.

Steel Authority of India: The company reported a net loss of Rs 730.72 crore in Q2FY17 against net loss of Rs 1108.55 crore in Q2FY16.

Bharat Financial Inclusion: The company has issued commercial papers of an aggregate amount of Rs 20 crore on December 08, 2016, which have been rated ‘A1+’ by a leading rating agency. The aggregate amount of Commercial Papers outstanding as on date is Rs. 495 crore.

Finolex Industries: For the quarter ended September 30, 2016, Finolex Industries registered a net profit of Rs 51.31 crore, up 27.60 per cent, against Rs 40.21 crore in the corresponding quarter last year.

Capital First: Non-banking financial company Capital First today said its Board has approved plan to raise Rs 340 crore through preferential issue.

Puravankara Projects: Realty firm Puravankara Projects reported 56 per cent increase in consolidated net profit at Rs 42.12 crore for the September quarter of the current fiscal. Its net profit stood at Rs 26.97 crore in the July- September period of last fiscal.

MMTC: State-run trading firm MMTC’s net profit plunged to Rs 10.45 crore for the second quarter ended September as against Rs 44.6 crore in the year-ago period.

Sheela Foam: Shares of sleepwell mattresses maker Sheela Foam, which recently concluded its Rs 510 crore initial public offering, is all set to make its debut on bourses on Friday.

Results Today: DB Realty, DLF, Jindal Steel and PowerBSE 1.23 %, NMDCBSE -1.71 % and SJVN LtdBSE 1.27 % will announce their financial results for the quarter ended September 30, 2016 on Friday.

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