Dr Reddy’s Lab, NTPC, Hindalco among 25 Stocks in focus today

NTPC: The Supreme Court on Monday asked the Madhya Pradesh government to defreeze NTPC’s bank accounts and withdraw its notice to cancel registration of its 4,760-megawatt (MW) Vindhyachal Super Thermal Power Plant in the state, reports a financial newspaper.

JK Tyre & Industries: JK Tyre & Industries , leading tyre manufacturers in India, reported consolidated net profit of Rs.110.64 crore for the quarter ended December 31, 2015, registering growth of 20.51% yoy.

NBCC: The company has bagged business worth Rs. 2,525.86 crore (approx) in the last month.

PFC, REC, NHPC: Rural Electrification Corporation (REC) and Power Finance Corp (PFC) may buy Government's shares in NHPC, according to reports. Report says that this move comes as the government had earlier said that it will come out with an alternative strategy to push PSU disinvestment.

Atul Auto: The company’s standalone revenue stood at Rs. 151.70 crore, clocking growth of 8.88% yoy.

Dr Reddy’s Lab: Dr. Reddy's announced that its US subsidiary, Promius Pharma, LLC, U.S.has received approval for Sernivo (betamethasone dipropionate) Spray, 0.05% from the U.S. Food and Drug Administration.

Suzlon Group: The company announced the completion of the Type Testing and Certification of its S111 turbine for 50 Hz and 60 Hz variants.

Wipro: Wipro announced that it has won an IT infrastructure transformation contract from the ASSA ABLOY Group, headquartered in Sweden. ASSA ABLOY is the global leader in door opening solutions.

SRF: The company's total income has decreased from Rs. 1,117.8 crore for the quarter ended December 31, 2014 to Rs. 1,106.6 crore for the quarter ended December 31, 2015.

United Bank of India: The bank received approval for raising Additional Tier - 1 capital under BASEL-III norms up to Rs. 1000 crore. through issuance of Perpetual Debt Instruments in the form of subordinated, non-convertible, non-cumulative, listed, Basel-Ill compliant Additional Tier1 Bonds in the form of Debenture/ Promissory Notes of the face value of Rs. 10 lacs each on private placement basis for inclusion in the Additional Tier1 Capital of the Bank for the purpose of ascertaining the capital adequacy ratios.

Strides Shasun: Strides Shasun, pharmaceutical industry major, reported consolidated net profit of Rs. 58.81 crore for the quarter ended December 31, 2015, registering growth of 112.23% qoq.

GlaxoSmithkline Consumer Healthcare: GlaxoSmithkline Consumer Healthcare, pharma major, reported standalone net profit of Rs.131.85 crore for the quarter ended December 31, 2015, registering growth of 36.76% yoy.

AIA Engineering: The company’s consolidated revenue stood at Rs. 493.07 crore, down 4.13% yoy but up 0.99% qoq.

Polaris Consulting: The Company’s consolidated revenue stood at Rs. 517.58 crore, witnessing marginal decline of 0.02% qoq but clocked growth of 9.02% yoy.

Bombay Dyeing: The company reported its Q3 net loss at Rs.78.1 crore for the quarter ended December 31, 2015 as compared to Rs.65.9 crore for the quarter ended December 31, 2014.

Inox Wind: INOX Wind reported a 2.4% increase in standalone net profit at Rs.103 crore for the third quarter that ended on December 31, 2015.

DB Realty: The company said that it allotted over 7.17 crore redeemable preference shares to three of its subsidiaries pursuant to scheme of amalgamation of Gokuldham Real Estate Development Company.

Monsanto India:Monsanto India Ltd posted a net profit of Rs. 407.60 mn for the quarter ended December 31, 2015 as compared to Rs. 483.40 million for the quarter ended December 31, 2014.

Balrampur Chini Mills: The company’s standalone revenue stood at Rs. 848.88 crore, up 0.85% yoy and 69.41% qoq.

VST Tillers Tractors: The company’s standalone revenue stood at Rs. 151.79 crore, up by 42.25% yoy and 0.56% qoq.

Piramal Enterprises: The company reported a 29% increase in net profit at Rs.322 crore for the third quarter that ended on December 31, 2015.

HCL Technologies: HCL Technologies announced the launch of an Internet of Things (IoT) Incubation Center in Redmond, Washington, USA, designed to leverage Microsoft Azure IoT Suite to accelerate enterprise IoT adoption.

T.V. Today Network: T.V. Today Network, one of India's leading English-Hindi news television networks, reported standalone net profit of Rs. 36.90 crore for the quarter ended December 31, 2015, registering growth of 40.09% yoy.

Phoenix Lamps: The company recorded a fall of 15.7% in its net profit at Rs. 7.42 crore for the quarter ended December 31, 2015 as compared to Rs.8.81 crore for the quarter ended December 31, 2014.

Gail(India): The Tamil Nadu government has asked the Centre to rescind the notification on GAIL gas pipeline passing through the state. Gail India Ltd will announce its financial results today. IIFL forecasts the company’s net revenue for Q3 FY16 to tumble to Rs. 14,080 crore, at a rate of 5.9% yoy and 0.6% qoq.IIFL expects net profit to plummet to Rs. 437.6 crore at 27.6% yoy and 0.7% qoq.

Dr Reddy’s Lab: Dr Reddy’s Laboratories Ltd, India’s second largest pharmaceutical company, will announce its financial results today. IIFL forecasts the company’s net revenue for Q3 FY16 to surge to Rs. 4,093 crore, growing at a rate of 6.5% yoy and 2.6% qoq. IIFL expects EBIDTA margin at 29.2%, with a yoy rise of 6 bps.

Ramco Cement: The company will announce its Q3 results today. IIFL forecasts the company’s net net profit for Q3 FY16 to spurt to Rs. 64.4 crore, growing at a rate of 180% yoy; however, it is expected to fall 53.6% qoq.

SAIL: IIFL forecasts the company’s net revenue for Q3 FY16 to decline to Rs. 9,180 crore, at a rate of 17.3% yoy and 0.8% qoq. IIFL expects EBIDTA margin at -7.6%, with a yoy fall of 18.5 bps.

Motherson Sumi: Motherson Sumi Systems Ltd, one of the leading auto parts and equipment manufacturers, will announce its Q3 results today. IIFL forecasts the company’s net profit for Q3 FY16 to fall to Rs. 312.80 crore, growing at a rate of 23.1% yoy and 9% qoq.IIFL expects net revenue to surge to Rs. 9,401 crore at 2.8% yoy and 2.2 qoq.

MOIL: MOIL Ltd, a mining firm, will announce its financial results today. IIFL forecasts the company’s net profit for Q3 FY16 to fall to Rs. 49 crore, at a rate of 54.6% yoy; however, it is likely to rise marginally.

Hindalco Industries: Hindalco Industries Ltd, one of the leading aluminium producers in India, will announce its financial results today. IIFL forecasts that the company is likely to report a loss of Rs. 159 crore for Q3 FY16. IIFL expects EBIDTA margin at 7%, with a yoy fall of 3.7 bps.

Apollo Tyres: IIFL forecasts the company’s net revenue for Q3 FY16 to decline to Rs. 2,890 crore, at a rate of 6.9% yoy and 3.5% qoq.

Bharat Forge: Bharat Forge Ltd will announce its financial results today. IIFL forecasts the company’s net revenue for Q3 FY16 to fall to Rs. 1,083 crore, at a rate of 9.6% yoy and 3.1% qoq.

Britannia Industries Ltd: Britannia Industries Ltd, one of the leading producers of packaged foods in India, will announce its Q3 results today. IIFL forecasts the company’s net revenue for Q3 FY16 will surge to Rs. 2,336 crore, growing at a rate of 14.9% yoy and 5.8% qoq.

Aurobindo Pharma: Aurobindo Pharmaceuticals, one of India’s leading drug makers, will announce its financial results today. IIFL forecasts the company’s net revenue for Q3 FY16 to rise to Rs. 3,553 crore, growing at a rate of 10.8% yoy and 5.3% qoq.