Coromandel International reported Apr-Jun consolidated net profit of754.3 mln rupees, up 907% on year. Revenue from operations was at 22.8 bln rupees, up 10.6% on year.
NTPC posted a nearly 12% on-year rise in net profit for Apr-Jun to 26.2 bln rupees. Revenue from operations rose 4.3% to 198.8 bln rupees.
IL&FS TRANSPORTATION NETWORKS: Emerged as the lowest bidder to construct and maintain the two-lane bi-directional Zojila tunnel with parallel escape tunnel on Srinagar-Leh Section in Jammu and Kashmir.
ITC plans to set up multi-speciality hospitals in a bid to enter the healthcare segment, Chairman Y.C. Deveshwar said.
Lanco Infratech is in advanced talks to sell its commercial office space business to DivyaSree Developers in a deal topping 10 bln rupees, sources said.
LUPIN has received clearance from the US Food and Drug Administration for unit-I of its Pithampur factory in Madhya Pradesh without any adverse
observations.
Sail Plants CEOs, experts to monitor unit’s progress.
Sector to watch:
Positive: Metal
Stocks to watch:
Positive: #Coromandel #NTPC #IL&FSTRANS #ITC #LITL #Lupin #Sail # GUJFLUORO
