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Top Ten Stocks to be Focused for 10 Nov 2016

Top Ten Stocks to be Focused for 10 Nov 2016

Bosch: The company on Wednesday after market hours reported a net profit of Rs 703.74 crore for the second quarter ended September 30, 2016. It had posted a net profit of Rs 392.72 crore in the same quarter last fiscal.

SAIL: Domestic steel major SAIL said it has signed a memorandum of understanding (MoU) with South Korean giant Posco for technical collaboration for operational improvements.

JK Tyre: The company on Wednesday registered a consolidated net profit of Rs 110.15 crore for the second quarter ended September 30, 2016 on account of growth in sales of passenger radials and agri tyres. It had posted a net profit of Rs 115.84 crore in the same quarter last fiscal.

Lupin: The pharma major posted a 57.75 per cent rise in its consolidated net profit at Rs 662.19 crore for the second ended September 30 against Rs 419.75 crore in the same quarter last year.

Balrampur Chini Mills: The company on Wednesday informed bourses that the board will consider a proposal for buy back of equity shares of the company on November 15. Shares of the company closed 1.18 per cent up at Rs 115.65 on Wednesday.

Cipla: Cipla reported a 34.74 per cent fall in its consolidated net profit to Rs 354.34 crore for the second quarter ended September 2016 against Rs 543.02 crore in the same quarter last year.

L&T Infotech: IT company L&T Infotech posted 11.23 per cent rise in consolidated net profit at Rs 232.6 crore for the second quarter ended September 30, 2016. The company registered net profit of Rs 209.1 crore in the same period a year ago.

UCO Bank: The bank of Wednesday reported a net loss of Rs 384.83 crore for the quarter ended September 30, 2016 against a net profit of Rs 156.2 crore in the same quarter last year.

Narayana Hrudayalaya: Narayana Hrudayalaya announced that its board has approved cessation of operation at its unit at Berhampore, West Bengal by selling its entire shareholding in its wholly owned subsidiary, Asia Healthcare Development Ltd, to Lila Hospitals Private Ltd.

Results Today: Bank of India, TeamLease Services, Dhanuka Agritech, Gujarat Narmada Valley Fertilizers & Chemicals (GNFC), Sun Pharma and Page Industries will announce their financial results for the quarter ended September 30, 2016 on Thursday.

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