Eros International stocks will be in focus as the entertainment firm on Monday said it has engaged a US-based law firm to conduct an independent internal review in the wake of an anonymous campaign spreading “false and malicious information” that has negatively impacted the company’s share prices.
The BSE Sensex and NSE Nifty are expected to open in positive on Tuesday following firm global cues.
Back home, Sensex and Nifty declined 97.68 points and 15 points at 26559.15 and 8050.80, respectively, on Monday
Below are the stocks that are likely to be in focus today:
Adani Ports and Special Economic Zone Ltd (APSEZ): The company on Monday reported 16 per cent increase in its consolidated net profit to Rs 667 crore for the September quarter on increased income from operations.
Bharti Airtel: Country’s largest telecom operator will have a revenue growth of 8-10 per cent over the next 12-18 months on strong demand for data services and affordable smartphones, Moody’s Investors Service said.
Eros International: The entertainment firm on Monday said it has engaged a US-based law firm to conduct an independent internal review in the wake of an anonymous campaign spreading “false and malicious information” that has negatively impacted the company’s share prices.
Amtek Auto: The auto component maker on MOnday appointed Morgan Stanley as advisors to assist in its debt reduction plan.
Oberoi Realty Ltd: The Mumbai-based real estate developer reported a marginal rise in consolidated net profit at Rs 72.44 crore for the quarter ended September 30.
Godrej Properties: The real estate company said that ICRA has upgraded its long term rating for the company’s line of credit.
Jaiprakash Power Ventures Ltd (JPVL): The company on Monday reported standalone net profit of Rs 133.69 crore for quarter ended on September 30.
Tech Mahindra: The software company will announce its second quarter results today.
Blue Star: The engineering conglomerate announced that it has acquired 51 per cent stake in Oman Electro Mechanical Contracting Co LLC (OEMC), a 100 per cent subsidiary of W J Towell & Co LLC.
United Spirits: The liquor major on Monday posted a net profit of Rs 929.3 crore for the second quarter ended September 30, 2015, on the back of Rs 870 crore share sale in United Breweries Ltd.
Piramal Enterprises: The company reported a consolidated net profit of Rs 245.91 crore for the second quarter ended September 30, mainly on improved performance across business segments and lower R&D expenses.
Reliance Power: Government on Monday justified cancellation of one of three coal blocks allocated to Reliance Power’s Sasan Ultra Mega Power Project (UMPP) saying the unit’s coal requirement could be met by the other two.
TVS Motor: The Chennai-based company on Monday reported 14 per cent increase in total sales at 2,74,622 units in October.
HPCL and GAIL: The state-owned refiner are looking at jointly setting up a multi-billion dollar petrochemical plant in Andhra Pradesh.
India Cements: The N Srinivasan-led company on Monday reported a net profit of Rs 41.04 crore for the second quarter ended September 30, on cost-cutting.
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