NEW DELHI: The BSE Sensex rose 0.3 per cent in early trade on Wednesday,
led by gains in RIL, ICICI Bank and State Bank of India.
At 9:20 a.m., the 30-share BSE Sensex was trading 0.20 per cent higher at 20,024. RIL (0.8 per cent), ICICI Bank (0.7 per cent) and SBI (1.01 per cent) led the gainers pack.
The Nifty was trading 0.2 per cent higher at 6,065.15. It touched a high of 6070.95 and a low of 6061.05 in early trade today.
Here is a list of twenty stocks that are likely to be in action in morning trade today:
At 9:20 a.m., the 30-share BSE Sensex was trading 0.20 per cent higher at 20,024. RIL (0.8 per cent), ICICI Bank (0.7 per cent) and SBI (1.01 per cent) led the gainers pack.
The Nifty was trading 0.2 per cent higher at 6,065.15. It touched a high of 6070.95 and a low of 6061.05 in early trade today.
Here is a list of twenty stocks that are likely to be in action in morning trade today:
1) Idea Cellular LtdBSE -0.31 %,
after the telecom major reported a smaller-than-expected 14 per cent
increase in quarterly profit as higher network operating costs ate into
margin.
Idea, India's best-performing telecoms stock last year,
said its consolidated net profit rose to 2.29 billion rupees for its
fiscal third quarter ended December 31, from 2.01 billion rupees a year
earlier.
2) Arvind Ltd will be in focus ahead
of its quarterly results. The company is likely to report adjusted net
profit of Rs 70.3 crore for the quarter ended December 2012, down 10.1
per cent, as compared to a net profit of Rs 78.20 crore in the same
period a year ago, says ET Now poll.
3) Reliance Capital LtdBSE 0.86 %,
after the company posted over 68 per cent rise in consolidated net
profit at Rs 101 crore for the third quarter ended December 31, 2012 on
the back of all-round growth.
4) Balrampur Chini Mills Ltd
will be eyed ahead of its quarterly results. The company is likely to
report a net profit of Rs 5.1 crore for the quarter ended December 2012,
as compared to a net loss of Rs 64 crore in the same period a year ago,
says ET Now poll.
5) United Phosphorus LtdBSE 0.11 % after
the agro chemical firm posted over 24 per cent rise in its consolidated
net profit at Rs 166.32 crore during the third quarter of the current
fiscal, on the back of higher sales.
6) PVR Ltd
will be in focus ahead of its quarterly results. The company is likely
to report a net profit of Rs 14 crore for the quarter ended December
2012, up 56 per cent, as compared to a net profit of Rs 9 crore in the
same period a year ago, says ET Now poll.
7) Glenmark PharmaceuticalsBSE -3.13 % ltd,
after the pharma major reported nearly five-fold jump in consolidated
net profit at Rs 212.91 crore for its third quarter ended December 31,
on account of robust sales and outlicensing revenue from Forest
Laboratories.
8) Jubilant Life Sciences LtdBSE 0.87 %,
after the company reported a consolidated net profit of Rs 26.69 crore
for the quarter ended December 31, 2012 mainly on account of robust
sales, despite exceptional loss of Rs 71 crore.
9) Godrej Properties Ltd
will be in focus ahead of its quarterly results. The company is likely
to report adjusted net profit of Rs 34.70 crore for the quarter ended
December 2012, up 21 per cent, as compared to a net profit of Rs 28.60
crore in the same period a year ago, says ET Now poll.
10) Gujarat State Fertilisers and Chemicals Ltd, after the company posted 21 per cent fall in net profit at Rs 136.49 crore in its third quarter ended December 31.
11) IpcaBSE 0.89 % Labs Ltd
will be in focus ahead of its quarterly results. The company is likely
to report adjusted net profit of Rs 102 crore for the quarter ended
December 2012, down 2 per cent, as compared to a net profit of Rs 104
crore in the same period a year ago, says ET Now poll.
12) Titan Industries LtdBSE 1.83 % will
be in focus ahead of its quarterly results. The company is likely to
report a net profit of Rs 205 crore for the quarter ended December 2012,
up 25 per cent, as compared to a net profit of Rs 163.90 crore in the
same period a year ago, says ET Now poll.
13) HCL Technologies LtdBSE 0.53 %,
after the software services major said it has entered into a
multi-year, multi-million dollar pact with technology firm Cobham to
deliver cost-efficient engineering and R&D services.
14) Crompton Greaves LtdBSE -0.78 %,
after the company posted a Rs 189-crore loss for the third quarter of
FY13, weighed down by employee liabilities due to restructuring of its
operations in Europe.
15) Bharti Airtel LtdBSE -0.06 %,
after India's top mobile phone operator, has bid for a telecoms licence
in Myanmar as part of plans to expand in overseas markets.
16) Hero MotoCorp LtdBSE -0.83 %, after
the company has commenced its operations in three Latin American
countries - El Salvador, Honduras and Guatemala in Latin America -
eventually hoping to go to as many as 30 countries spread across the
globe.
17) Torrent Pharma Ltd, after the
company said its consolidated net profit rose 35.04 per cent to Rs
112.33 crore in the third quarter ended December 31 on account of strong
sales in both domestic and global markets.
18) Shriram City Union Finance,
after the company has reported a 34.8 per cent jump in net profit at Rs
112.52 crore for the third quarter ended December 31, 2012.
19) Dabur LtdBSE 0.08 %, after the FMCG
major posted 22.15 per cent jump in consolidated net profit at Rs
211.11 crore in the October-December quarter this fiscal on the back of
robust sales across categories, including hair oil and skin care.
20) Reliance IndustriesBSE 1.64 % Ltd,
after India's most valuable company, will look to bring down the
proportion of bank debt to its overall borrowings to about half from the
current 80%, while increasing its reliance on public market debt and
funding from export credit agencies.
% Gain