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    Stocks in the news: Jet Airways, Coal India, Titan Company and Eicher Motors

    Synopsis

    Here’s a list of stocks which may hog limelight in today’s session.

    Stock-market (3)
    Here’s a list of stocks which may hog limelight in today’s session.
    NEW DELHI: Nifty futures on the Singapore Exchange were trading 25.50 points, or 0.24 per cent, lower at 10,597, indicating a negative start for the Nifty50. Here’s a list of stocks which may hog limelight in today’s session:

    Coal India, Union Bank: Coal India, NMDC, Oil India, UCO Bank, Union Bank of India, Eicher Motors, SJVN, Godrej Industries, Hathway Cable, Jindal Saw, Jain Irrigation Systems, Apex Frozen Foods, Aurobindo Pharma, Bank of India and Usha Martin are among companies, which will announce their quarterly results later in the day.

    Titan Company: Company on Friday reported a 2.85 per cent year-on-year rise in standalone net profit at Rs 314.38 crore for the quarter ended September. It had posted a net profit of Rs 305.64 crore in the same quarter last year. An analyst poll at ETNow had projected a net profit of Rs 359 crore.

    Jet Airways: Beleaguered carrier Jet Airways will on Monday take stock of what could be one of its worst quarterly earnings in its lifetime, even as chairman Naresh Goyal tries hard to stitch together a much-needed stake-sale deal for cash, wooing potential investors including salt-to-software conglomerate Tata Sons and commercial airline partner Delta Air Lines.

    Sadbhav Infra: Billionaire Ajay Piramal-led Piramal Group has signed a deal with Sadbhav Infrastructure Project Ltd (SIPL) to provide debt financing worth Rs 600 crore to complete the underlying road projects.Piramal Group has been an active lender in areas of renewables and infrastructure sectors in India.

    Reliance Communications (RCom): Debt-laden Reliance Communications has settled a case with markets regulator Sebi over non-compliance with listing norms, including alleged failure to promptly inform about interest payment default on debentures, according to an order.

    Bharat Financial Inclusion: The company on Saturday said its shareholders' meeting will be held on December 11 to approve merger of the microfinance company with IndusInd Bank. In accordance with the NCLT order, meeting of the equity shareholders and secured creditors of BFIL is scheduled on December 11, 2018, the company said in a regulatory filing.

    Reliance Capital: Reliance General Insurance, part of Anil Ambani-led Reliance, plans to file fresh papers with the Sebi to float an initial share-sale as the regulatory approval for the insurer's IPO is set to lapse this month, merchant banking sources said.

    Usha Martin: Shareholders of Usha Martin have approved the sale of the company's steel business to Tata Steel as a going concern on a slump sale basis.A special resolution in this regard was passed with requisite majority at Usha Martin Limited's extraordinary general meeting, with 99.99 per cent shareholders voting in its favour, the company informed the exchanges in a regulatory filing.

    ONGC: The government is mulling selling as many as 149 small and marginal oil and gas fields of ONGC to private and foreign companies and allow the state-owned firm to focus only on big fields, sources with knowledge of the development said.

    BHEL: State-run Bharat Heavy Electricals (BHEL) has written to the Railway Board saying a recent tender floated by the transporter for supply of propulsion systems favours select companies.

    Wipro, L&T Infotech: The Sebi has shortlisted seven firms, including Wipro and L&T Infotech, to build a private data storage cloud, automate its inspection of brokers and enhance analytics capabilities, as the regulator is eyeing a technological leap in surveillance and investigation functions.

    SAIL: Chairman Anil Kumar Chaudhary Saturday said the new Hot Strip Mill at Rourkela Steel Plant should be completed by the beginning of next financial year, which will augment the unit's hot rolled steel making capacity.

    Tech Mahindra: The company is looking at upcoming 5G rollouts in global markets as a big opportunity and is on the right trajectory in its communications vertical to achieve ‘gradual growth’ from now on, a top official has said.

    Indo Rama Synthetics: The company on Saturday said its net loss widened to to Rs 32.62 crore in the second quarter ended September 30, mainly on account of lower income from operations. The company had reported a net loss of Rs 17.62 crore in the same period previous fiscal.

    ITI: State-owned ITI Limited Saturday said its consolidated net profit narrowed to Rs 7.56 crore for the second quarter ended September 30, as against Rs 46.11 crore in the year-ago period.

    The Century Plyboards (India): The company is hopeful of improved revenue and realisation in the December quarter as some of its segments benefit from a weak rupee. The falling rupee has hiked the price of imported medium density fibre (MDF) by 16-17 per cent, which will help the company fetch better realisation from the segment, Century Ply Executive Director Keshav Bhajanka told PTI.



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    (What's moving Sensex and Nifty Track latest market news, stock tips and expert advice, on ETMarkets. Also, ETMarkets.com is now on Telegram. For fastest news alerts on financial markets, investment strategies and stocks alerts, subscribe to our Telegram feeds .)

    Download The Economic Times News App to get Daily Market Updates & Live Business News.

    Subscribe to The Economic Times Prime and read the Economic Times ePaper Online.and Sensex Today.

    Top Trending Stocks: SBI Share Price, Axis Bank Share Price, HDFC Bank Share Price, Infosys Share Price, Wipro Share Price, NTPC Share Price

    ...more
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