TCS announced its Q2 earnings on Tuesday post market hours. The IT major also declared a second interim dividend of Rs 5.50 per share for the year ending 31 March 2016. (Photo: PTI)
The benchmark BSE Sensex fell over 133 points in early trade on Wednesday due to selling in IT stocks after TCS’ second quarter earnings failed to impress investors. Besides, a weak trend on other Asian bourses and overnight losses at the US markets also dampened the trading sentiment here.
Here is a list of stocks which are likely to remain in focus today:
Tata Consultancy Services: TCS announced its Q2 earnings on Tuesday post market hours. The IT major also declared a second interim dividend of Rs 5.50 per share for the year ending 31 March 2016.
DCB Bank: The share price of DCB Bank slid around 20 per cent in the early trade on Wednesday. The bank posted a fall of 10.12 per cent in its net profit at Rs 36.93 crore for the quarter ended September 30, 2015 as compared to Rs 41.09 crore for the same quarter in the previous year. However, total income of the bank has increased by 25.02 per cent at Rs 464.87 crore for quarter under review as compared to Rs 371.83 crore for the quarter ended September 30, 2014.
NHPC: NHPC informed BSE on Tuesday post market hours that the board of directors of the company at its meeting held on October 12 has approved the award of engineering, procurement and construction (EPC) contract for 50 megawatts (MW) solar power project in the state of Tamil Nadu.
HUL and Zee Entertainment: Hindustan Unilever (HUL) and Zee Entertainment will announce their Q2 earnings on Wednesday.
Maruti Suzuki India: Maruti Suzuki after market hours on Tuesday announced the opening of pre-launch bookings for its premium passenger car Baleno. The car is slated for launch by the end of the month.
Siemens: Siemens informed BSE after market hours on Tuesday that together with its parent company Siemens AG, it has won an order totalling Rs 183 crore from NTPC. The component of Siemens in the order is approximately Rs 97 crore. The scope of work includes modernisation as well as maintenance of controls and instrumentation at NTPC’s Dadri Power Gas Station.
(With inputs from agencies)
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