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Top Ten Stocks to be Focused for 11 Nov 2016

Top Ten Stocks to be Focused for 11 Nov 2016

Balmer Lawrie & Co: Diversified public sector company Balmer Lawrie & Co on Thursday reported a marginal rise of 5.57 per cent in net profit at Rs 27.63 crore for the July-September quarter compared to Rs 26.17 crore in the same quarter of the previous year.

Wockhardt: Drug firm Wockhardt reported a decline of 81.59 per cent in its consolidated net profit at Rs 17.02 crore for the second quarter ended September on account of a dip in sales. Net profit was Rs 92.45 crore in July-September a year ago.

L&T Technology Services: Engineering and research firm L&T Technology Services on Thursday posted 19.7 per cent increase in its consolidated net profit at Rs 111.9 crore during the second quarter ended September 30, 2016. The company registered a net profit of Rs 93.5 crore in the same period a year ago.

Reliance Defence and Engineering: The company’s standalone net loss narrowed to Rs 116.2 crore for the quarter ended September 30. It had posted a net loss of Rs 170.4 crore in the July-September period of the previous fiscal.

Tata Chemicals: The company reported a marginal increase in its consolidated net profit at Rs 293.04 crore for the second quarter of the 2016-17 fiscal, on lower fertiliser sales. Tata Chemicals had posted a net profit of Rs 292.80 crore in the same quarter of the 2015-16 fiscal.

Sun Pharma: Sun Pharmaceutical IndustriesBSE 4.96 % reported an over two-fold jump in its consolidated net profit to Rs 2,235.14 crore for the September quarter mainly on account of robust sales in India and overseas. The company had posted a net profit after taxes, non controlling interests, share of profit/loss of associates and joint ventures of Rs 1,028.82 crore for the same period a year ago.

Polaris Consulting & Services: The IT company on Thursday reported a decline of 27.88 per cent in consolidated net profit at Rs 41.14 crore for the three-month period ended on September 30, 2016, and announced that its CEO Jitin Goyal has quit. The company had reported a net profit of Rs 57 crore for the quarter ended on September 30, 2015.

Andrew Yule: Diversified PSU Andrew Yule on Thursday reported 79.14 per cent increase in its standalone net profit at Rs 27.14 crore in the second quarter of 2016-17 on account of higher income. The company had posted a net profit of Rs 15.14 crore in the year-ago period.

Jain Irrigation: The company on Thursday reported a net profit of Rs 28.05 for the quarter ended September 30, 2016 against a net loss of Rs 5.42 crore in the corresponding quarter last year.

Results Today: Andhra Bank, Bank of Baroda, Indian Overseas BankBSE 0.94 %, MoilBSE -2.94 % and State Bank of IndiaBSE 0.28 % will announce their financial results for the quarter ended September 30, 2016 on Friday.

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