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Top stocks in focus on 13 November 2017

ETMarkets.com|
Updated: Nov 13, 2017, 08.49 AM IST
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Here is a list of top stocks that are likely to be in focus in today's trading session.
Here is a list of top stocks that are likely to be in focus in today's trading session.
NEW DELHI: Domestic equity markets are likely to see a flat to negative opening on Monday, tracking Nifty futures on the Singapore Stock Exchange (SGX Nifty) and mixed global cues.

At 8 am, Nifty futures trading on SGX were trading 13 points, or 0.13 per cent, lower at 10,329, indicating a flat start for the Nifty50. Here is a list of top stocks that are likely to be in focus in today's trading session.

Idea, NTPC: Idea Cellular, NTPC, NMDC Indian Hotels, Apollo Hospitals, Bajaj Hindusthan Sugar, Future Enterprises, Tata Chemicals, PCJ, Gammon Infra, Gujarat State Petronet, among others, are scheduled to report their quarterly earnings during the day.

New India Assurance Company: The country's largest general insurance firm New India Assurance Company, which recently concluded its initial public offer, will make its stock market debut on Monday. The Rs 9,600 crore IPO was oversubscribed 1.19 times during November 1-3.

FMCG stocks: Companies such as Hindustan Unilever, Dabur, Amul, GlaxoSmithKline, Procter & Gamble, Nestle and Perfetti Van Melle said they have either decided to reduce prices or are planning to do so after the GST Council cut tax on several consumer goods to 18% from 28%. They, in fact, are also bound by the anti-profiteering clause under the GST law to pass on any benefit from lower tax incidence to consumers.

Larsen & Toubro: The company reported a net profit Rs 1,820 crore in the second quarter of 2017-18, up 27 per cent YoY. The company's revenue rose 6 per cent year-on-year to Rs 26,447 crore. L&T reported new order wins of Rs 28,732 crore in the September quarter, down 8 per cent from the previous year. the company said it is confident of achieving its margin guidance of 25 basis point improvement and revenue growth guidance of 12 per cent.

Reliance Communications: Reliance Communications (Rcom) posted a consolidated loss of Rs 2,709 crore for the September end quarter compared to a loss of Rs 1,210 crore recorded by the Anil Ambani owned telco in the previous quarter. The operator had registered a profit of Rs 62 crore during the same period last year. ​ The strategic debt restructuring (SDR) plans of Reliance Communications appear to have hit a road block, with the company and its lenders sparring over the treatment of loans given by group entities to the embattled carrier, four bankers familiar with the developments told ET.

Coal India: The company on Saturday reported close to a 40 per cent fall in its consolidated net profit to Rs 368.88 crore in the quarter ended September 30, 2017 as compared to Rs 612.44 crore in the corresponding quarter last fiscal.

Reliance Industries: The Cellular Operators Association of India (COAI) has said the sector regulator should examine Reliance Jio’s latest cashback offerings when a recharge is done with more than Rs 399 and more, for any violation of existing rules.

DLF: Net loss of DLF reported to Rs 60.93 crore in the quarter ended September 2017 as against net profit of Rs 124.39 crore during the previous quarter ended September 2016. Net debt of India's largest realty firm DLF rose by Rs 900 crore during the September quarter to Rs 26,800 crore and the borrowing could rise further to meet construction cost of its ongoing projects amid a demand slowdown in the property market.

IDFC : ​ In the first such likely takeover by a global buyout major of a local fund, Global Infrastructure Partners (GIP) is close to acquiring IDFC Group’s private equity portfolio that has investments of around ₹17,000 crore in Indian infrastructure companies, two people with direct knowledge of the development said.

Amara Raja Batteries: is aiming to be a Rs 10,000-crore entity in the next 2-3 years as the Hyderabad-based company clocks a solid double-digit growth in its automotive segment, said a top company official.

Godfrey Phillips: Net profit of Godfrey Phillips India rose 198.48 per cent to Rs 58.80 crore in the quarter ended September 2017 as against Rs 19.70 crore during the previous quarter ended September 2016. Sales rose 24.31 per cent to Rs 633.68 crore in the quarter ended September 2017 as against Rs 509.76 crore during the previous quarter ended September 2016.

Reliance Infra: Net profit of Reliance Infrastructure rose 142.42 per cent to Rs 595.03 crore in the quarter ended September 2017 as against Rs 245.45 crore during the previous quarter ended September 2016. Sales rose 11.30 per cent to Rs 2151.24 crore in the quarter ended September 2017 as against Rs 1932.88 crore during the previous quarter ended September 2016.

Suzlon Energy: Net loss of Suzlon Energy reported to Rs 378.77 crore in the quarter ended September 2017 as against net profit of Rs 209.84 crore during the previous quarter ended September 2016. Sales declined 67.12 per cent to Rs 637.81 crore in the quarter ended September 2017 as against Rs 1939.85 crore during the previous quarter ended September 2016.

Usha Martin: Net Loss of Usha Martin reported to Rs 72.68 crore in the quarter ended September 2017 as against net loss of Rs 68.00 crore during the previous quarter ended September 2016. Sales rose 22.06 per cent to Rs 1122.87 crore in the quarter ended September 2017 as against Rs 919.94 crore during the previous quarter ended September 2016.

Sobha: Net profit of Sobha rose 30.99 per cent to Rs 50.30 crore in the quarter ended September 2017 as against Rs 38.40 crore during the previous quarter ended September 2016. Sales rose 19.85 per cent to Rs 646.60 crore in the quarter ended September 2017 as against Rs 539.50 crore during the previous quarter ended September 2016.

Nestle India: Net profit of Nestle India rose 23.26 per cent to Rs 343.17 crore in the quarter ended September 2017 as against Rs 278.41 crore during the previous quarter ended September 2016. Sales rose 7.55 per cent to Rs 2500.67 crore in the quarter ended September 2017 as against Rs 2325.19 crore during the previous quarter ended September 2016.

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