Wednesday, 9 August 2017

Stocks in focus today ahead of Q1 earnings, Trading Strategy with best stock advisory

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These stocks are in focus on Wednesday, 9 August 2017, after earnings release and major announcements:
Tata Chemicals yesterday reported a 14% fall in consolidated net profit at Rs 177.9 crore for the first quarter ended June 30, 2017.
GSK Consumer Health-care has announced 17.6% decline in standalone net profit at Rs. 132.23 cr, for the quarter ended June 30, 2017.
 Jindal Steel & Power Ltd has reported narrowing of its consolidated net loss at Rs 420.4 crore in the three months ended June 30.
The largest Gold financing co, Muthoot Finance Ltd has reported a raise of 305 in net profit at Rs 351 cr, for the first quarter ended June 30, 2017.
Jagran Prakashan, the leading publisher has reported a 5.48% increase in consolidated net profit at Rs 88.70 cr, for the June quarter.
Axis Bank, on 8 Aus 2017 has cut the interest rate on S.B accounts by 50 bps to 3.5% for deposits up to Rs 50 lakh, even if it will continue to pay 4% interest on deposits of above Rs 50 lakh.

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