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Top Ten Stocks to be Focused for 26 April 2016

Top Ten Stocks to be Focused for 26 April 2016

The Indian market is expected to open flat on Tuesday tracking muted trend seen in other Asian markets.

Here is a list of top ten stocks that are likely to be in focus today:

Maruti Suzuki: Maruti Suzuki India Ltd (MSIL) is expected to report 8.5 per cent year-on-year (YoY) fall in net profit to Rs 1,175 crore for the quarter ended March 31 compared to Rs 1,284 crore reported in the year-ago period, according to an ET Now Poll.

Axis Bank: The private sector bank is expected to report strong revenue growth at 9 per cent YoY, but NII would be under pressure due to the change in loan mix, Kotak Institutional Equities said in a report. Net profits could be flat due to high LLP, it said.

Eicher Motors: Eicher Trucks & Buses, India’s fourth biggest commercial vehicles player, might look at entering the mini truck segment to compete with Tata Ace, warhorse of the segment, said a media report.

Exide: The company is expected to report 12.3 per cent YoY growth in the net profit to Rs 151 crore for the quarter ended March 31, compared to Rs 134 crore reported in the year-ago period, according to an ET Now Poll.

Indiabulls Real Estate: The company reported 37 per cent decline in consolidated net profit at Rs 58.91 crore for March quarter on the back of higher finance cost and tax expenses.

Welspun India Ltd: Textiles firm Welspun IndiaBSE -2.21 % reported 19.77 per cent increase in consolidated net profit to Rs 193.29 crore for the fourth quarter ended on March 31, 2015-16.

Delta Corp: The Group posted a net profit after taxes of Rs. 42.58 crore for the year ended March 31, 2016 as compared to Net Loss of Rs. (22.77) crore for the year ended March 31, 2015.

EIL Ltd: Engineers India Ltd has informed BSE regarding a Press Release dated April 25, 2016 titled “EIL signs contract with Bangladesh Petroleum Corporation (BPC) for providing PMC Services for “Installation of ERL Unit-2″ in Bangladesh”.

ABB: Engineering firm ABB India posted 30 per cent jump in net profit at Rs 70.98 crore for the January-March quarter compared to same period a year ago.

Sun Pharma: India’s largest pharmaceutical company Sun Pharmaceuticals on Monday entered into a public private partnership (PPP) with the Union and Madhya Pradesh governments for a campaign to ensure a malaria-free India, said a media report.

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