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Top Ten Stocks to be Focused for 28 Oct 2016

Top Ten Stocks to be Focused for 28 Oct 2016

Tech Mahindra: Tech Mahindra, one of the largest IT companies in India, on Thursday reported a 19.3 per cent drop in consolidated profit at Rs 643 crore for the quarter ending September 30, 2016, compared with Rs 796.5 crore reported for the June quarter.

JSW Steel: Sajjan Jindal-led JSW Steel reported a multi-fold jump in consolidated net profit at Rs 726.46 crore for the quarter ended on September 30, 2016. for your perusal.

MRF: Tyre manufacturer MRF reported a 14.36 per cent decline in standalone net profit at Rs 385.29 crore for the second quarter ended September 30, 2016.

Piramal Enterprises: Piramal Enterprises reported 30.18 per cent rise in consolidated net profit to Rs 306.36 crore for the quarter ended September 30, 2016-17, on robust growth in financial services.

Tata Steel: Tata Steel Ltd’s plans for its European steel business are unchanged, company executives told analysts on Thursday. In July Tata Steel halted the sale process of its Port Talbot steel plant in Britain and decided to explore partnership opportunities.

Eicher Motors: Eicher Motors is expected to report 66 per cent YoY growth in the net profit to Rs 425 crore for the quarter ended September 30 compared with Rs 255 crore  reported in the year-ago period, said an ETNow Poll.

Bajaj Auto: The two-wheeler maker is expected to report 12.5 per cent YoY growth in the net profit to Rs 1050 crore for the quarter ended September 30 compared with Rs 933 crore reported in the year-ago period, said an ETNow Poll.

Shriram Citi Union Finance: The NBFC reported a standalone net profits at Rs. 204.49 crore, a growth of 34.3 per cent, over the same period last year. Income from Operations stood at Rs. 1115.29 crore which was higher by 18 per cent.

Torrent Power: Torrent Power reported a 43 per cent dip in its consolidated net profit at Rs 141 crore in the quarter ended September 30, mainly due to partial recovery of fixed costs at its generation plants.

MOIL: Country’s top manganese ore producer MOIL signed a pact with Madhya Pradesh government to conduct mineral exploration in the state.

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