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10 stocks to watch out for in trades today

M&M, NTPC, RCom, SAIL, Sun Pharma, Suzlon Energy, Tata Motors and Unitech Will unveil their Q4 numbers today

10 stocks to watch out for in trades today

SI Reporter Mumbai
Here are key stocks to watch out for in trades today:

Amtek Auto, Alok Industries, Bajaj Electricals, Bata India, Hindustan Copper, M&M, Monsanto India, NTPC, RCom, SAIL, Sun Pharma, Suzlon Energy, Tata Motors and Unitech will unveil their Q4 numbers today.

Diageo-controlled liquor firm United Spirits (USL) is looking to reduce its debt by up to Rs 2,000 crore in the next two years through various measures that include sale of shares and properties earlier owned by embattled businessman Vijay Mallya.

Aluminium major Nalco has decided to drop its plan to foray into nuclear energy generation.

 

State-run National Aluminium Co Ltd (Nalco) on Sunday reported a 41.4 per cent decline in its standalone net profit to Rs 208 crore during the fourth quarter ended March.

Coal India revised the price of non-coking coal to keep the domestic coal prices at globally competitive level. Coal India has reported a marginal rise in consolidated net profit at Rs 4,247.93 crore for the fourth quarter ended March 31, 2015-16.

Tata Steel might still hold on to its UK steelworks and their proposed sale put off.


State-owned ONGC is mulling buying a majority stake in GSPC's Krishna-Godavari basin gas block, which will help prevent the Gujarat government firm's Rs 19,500-crore loan from turning into an non-performing asset (NPA).

Anil Ambani-led Reliance Infrastructure (RInfra) has decided to focus on the EPC business once again and has set an ambitious revenue target of Rs 10,000 crore by next fiscal, a top company official has said.

Bajaj Auto will invest Rs 575 crore this fiscal, a major chunk of which will be used for launch of new products.

The US Department of Justice (DoJ) has subpoenaed India's largest drugmaker Sun Pharmaceutical Industries, seeking information about the pricing and marketing of the generic drugs it sells in the United States, the company said on Saturday.

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First Published: May 30 2016 | 8:31 AM IST

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