"Chances are that the index may bounce back 30-40 points on Friday. I think that should be it. I do not see any level beyond that," equity research lab said.
Here is a list
of fifteen stocks tips in focus on Friday trade:
Nestle India: Nestle India on Thursday announced a 60 per cent drop in consolidated net profit for the September quarter. The maker of Maggi instant noodles and KitKat chocolates posted net profit of Rs 124 crore, down from Rs 311 crore posted for the year-ago period.
Dr Reddy's Laboratories: Drug major Dr Reddy's Laboratories BSE 3.11 % reported 25.74 per cent increase in its consolidated net profit at Rs 721.89 crore for the second quarter ended September 30.
HCL technologies Ltd: HCL Technologies has acquired Power Objects, a US-based provider of Microsoft Dynamics customer resource management solution, for $46 million, or about Rs 299 crore, to bolster its offerings in the applications development space.
Torrent Pharmaceuticals: The pharma major reported nearly three-fold jump in consolidated net profit at Rs 568 crore for the second quarter ended September 30 on account of new product launch in the US market.
Cipla: Drug maker Cipla BSE 0.60 % said it would sell its 25 per cent stake in Biomab Holding, a Hong Kong company that makes biosimilar drugs for the Chinese market, for nearly $26 million. Biosimilars are the generic versions of biological drugs, said a media report.
ITC: The Cigarette-FMCG-to-hotel major is expected to report 0.5 per cent year-on-year (YoY) growth in net profit at Rs 2,412 crore for the quarter ended September 30, compared with Rs 2,425 crore reported for the year-ago period.
Pfizer Ltd: Pfizer BSE 0.47 % and Botox-maker Allergan are considering a merger, the Wall Street Journal reported, setting the stage for what could be one of the largest deals in the drug industry's history.
STFC: Shriram Transport Finance BSE 0.33 % on Thursday said net profit rose 12 per cent for the quarter ended September 30. It posted a standalone net profit of Rs 338 crore compared with Rs 302 crore reported for the year-ago period.
Crompton Greaves Ltd: Crompton Greaves Ltd reported 25 per cent decline in consolidated net profit at Rs 52.14 crore for the quarter ended on September 30.
Bharat Electronics Ltd: The state-run Bharat Electronics BSE 3.10 % posted net profit of Rs.207 crore for second quarter of 2015-16 as against Rs.147 crore in this period last year, registering 41 percent annual growth.
Emami Ltd: FMCG firm Emami Ltd reported 32.97 per cent decline in consolidated net profit at Rs 61.34 crore for the second quarter ended September 30, 2015 on account of amortization of kesh King intangibles.
Glenmark Pharmaceuticals Ltd: The Company today reported 19.81 per cent increase in consolidated net profit to Rs 197.78 crore for the second quarter ended September 30, driven by good growth in India, US and Europe.
Polaris Consulting and Services: The Company which was formerly known as Polaris Financial Technology BSE 1.65 % said its net profit has declined 3.6 per cent to Rs 47.34 crore for the September 2015 quarter.
Mangalore Refinery and Petrochemicals Ltd: MRPL reported a net loss of Rs 910 crore in the September quarter primarily due to foreign exchange losses due to rupee depreciation.
State Bank of Travancore: SBI associate State Bank of Travancore (SBT) reported a more than five-fold jump in its net profit at Rs 102.80 crore for the second quarter of 2015-16.
Nestle India: Nestle India on Thursday announced a 60 per cent drop in consolidated net profit for the September quarter. The maker of Maggi instant noodles and KitKat chocolates posted net profit of Rs 124 crore, down from Rs 311 crore posted for the year-ago period.
Dr Reddy's Laboratories: Drug major Dr Reddy's Laboratories BSE 3.11 % reported 25.74 per cent increase in its consolidated net profit at Rs 721.89 crore for the second quarter ended September 30.
HCL technologies Ltd: HCL Technologies has acquired Power Objects, a US-based provider of Microsoft Dynamics customer resource management solution, for $46 million, or about Rs 299 crore, to bolster its offerings in the applications development space.
Torrent Pharmaceuticals: The pharma major reported nearly three-fold jump in consolidated net profit at Rs 568 crore for the second quarter ended September 30 on account of new product launch in the US market.
Cipla: Drug maker Cipla BSE 0.60 % said it would sell its 25 per cent stake in Biomab Holding, a Hong Kong company that makes biosimilar drugs for the Chinese market, for nearly $26 million. Biosimilars are the generic versions of biological drugs, said a media report.
ITC: The Cigarette-FMCG-to-hotel major is expected to report 0.5 per cent year-on-year (YoY) growth in net profit at Rs 2,412 crore for the quarter ended September 30, compared with Rs 2,425 crore reported for the year-ago period.
Pfizer Ltd: Pfizer BSE 0.47 % and Botox-maker Allergan are considering a merger, the Wall Street Journal reported, setting the stage for what could be one of the largest deals in the drug industry's history.
STFC: Shriram Transport Finance BSE 0.33 % on Thursday said net profit rose 12 per cent for the quarter ended September 30. It posted a standalone net profit of Rs 338 crore compared with Rs 302 crore reported for the year-ago period.
Crompton Greaves Ltd: Crompton Greaves Ltd reported 25 per cent decline in consolidated net profit at Rs 52.14 crore for the quarter ended on September 30.
Bharat Electronics Ltd: The state-run Bharat Electronics BSE 3.10 % posted net profit of Rs.207 crore for second quarter of 2015-16 as against Rs.147 crore in this period last year, registering 41 percent annual growth.
Emami Ltd: FMCG firm Emami Ltd reported 32.97 per cent decline in consolidated net profit at Rs 61.34 crore for the second quarter ended September 30, 2015 on account of amortization of kesh King intangibles.
Glenmark Pharmaceuticals Ltd: The Company today reported 19.81 per cent increase in consolidated net profit to Rs 197.78 crore for the second quarter ended September 30, driven by good growth in India, US and Europe.
Polaris Consulting and Services: The Company which was formerly known as Polaris Financial Technology BSE 1.65 % said its net profit has declined 3.6 per cent to Rs 47.34 crore for the September 2015 quarter.
Mangalore Refinery and Petrochemicals Ltd: MRPL reported a net loss of Rs 910 crore in the September quarter primarily due to foreign exchange losses due to rupee depreciation.
State Bank of Travancore: SBI associate State Bank of Travancore (SBT) reported a more than five-fold jump in its net profit at Rs 102.80 crore for the second quarter of 2015-16.
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