Stocks in the news: DHFL, Cipla, IndusInd Bank, TechM, DLF, Maruti and IDFC First Bank
In new delhi nifty nutures on the singapore exchange were trading in 11.50 points and 0.10 % at a higher indication a positive start for the nifty 50.there are few stock may buzz the most in the today trade:
DHFL: Dewan Housing Finance (DHFL) said it would neither accecpt new deposite nor allow permanent deposites and withdrwal after a credit evaluator lower the rating on its debts instrument
Cipla, IndusInd BankNSE -2.17 % and BoB: CiplaNSE -0.41 %, IndusInd Bank, The Ramco Cements, Bank of Baroda, Bajaj Electricals, MOIL, Symphony, Canara BankNSE 0.54 %, Apex Frozen Foods, Ashoka Buildcon are among a few companies scheduled to announce March quarter results today
DLF: The realty major reported a 76 per cent jump in its consolidated net profit at Rs 436.56 crore for the quarter ended March on higher sales. Its net profit stood at Rs 247.73 crore in the year ago period.
IDFC First Bank: Rating agency Icra said it has downgraded long term rating of IDFC First Bank's bond programme due to weak earnings and on higher provisions due to stressed exposures.
Maruti Suzuki: The Competition Commission of India (CCI) is looking into allegations that Maruti forces its dealers to limit the discounts they offer, effectively stifling competition among them, which would have resulted in lower prices.
There are few other buzz like tech mahindra ,jindal steel and power ,bharat finanacial inclusion which have set different percent and interest rates for consolidating net profit the public sector undertaking said it has created a separate department 'NMDC Global' to use international opportunities of acquisition of mineral assets and strategic tie-ups on emerging technologies. It help to increase the credit creation,net worth, growth and development international opportunities for the acquisition of the mineral assest and strategic tie ups on emerging technologies. It provides currency appreciation and prudent provisioning for the some of the consumer.