Hello Traders & Investors, here we are showing the list(With Explanation) of TOP STOCKS TO WATCH - Wednesday - Britannia, EIH, L&T, RIL, Ultratech Cement
Birla Corporation Ltd:
Birla Corporation Ltd., the MP Birla Group will be in focus after it reported over two-fold jump in standalone net profit at Rs 584 million for the fiscal second-quarter ended Sep 30, 2016 compared to Rs 232 million reported in the same period a year ago.
Britannia Industries Ltd:
Britannia Industries Ltd., one of the leading FMCG companies in India, is aiming to double its turnover in the next four to five years and also planning to expand presence overseas in a big way as part of its growth strategy.
The luxury hotels operator under Oberoi and Trident brands said it plans to delist its global depository receipts from the London Stock Exchange in February 2017.
Gujarat Industries Power Company Ltd:
Gujarat Industries Power Company Ltd., will be in focus after it said in a statement to the exchanges that two more wind turbine generators of 2.1 mw each have been commissioned by GIPCL at the Nakhatrana Wind Farm Site in Gujarat.
Larsen & Toubro Ltd:
Larsen & Toubro Ltd., engineering and construction major will be in focus after it reported 84% jump in its fiscal second-quarter consolidated net profit to Rs 14.35 billion compared to 7.78 billion in the same period last year.
Reliance Industries Ltd:
Reliance Industries Ltd., the Mukesh Ambani-led oil and gas major may move after the CAG has pulled up the Income Tax department for giving benefit of Rs 17.67 billion to the port and terminal arm of Reliance Industries by allowing deductions meant for public facilities to the company's captive jetties.
Suven Life Sciences Ltd:
Suven Life Sciences Ltd., the Hyderabad-based drug maker will be in focus after it secured two product patents from China and Mexico for its New Chemical Entities (NCE) for the treatment of disorders associated with neurodegenerative diseases.
Ultratech Cement Ltd:
Ultratech Cement Ltd., the cement maker will be in focus after it said that the Competition Appellate Tribunal (COMPAT) has granted a stay on an order passed by the fair trade regulator Competition Commission of India (CCI) against the company on deposit of 10% of the penalty amount.