TD Power Systems, DHFL among 7 stocks that remained in focus in Tuesday’s trade

By: | Updated: August 30, 2016 4:59 PM

DHFL stocks ended 3.19 per cent up at Rs 289.30 as its non-convertible debentures was subscribed by over six times on its first day today, generating a demand worth about Rs 12,645 crore.

Stocks in focus todayDHFL stocks ended 3.19 per cent up at Rs 289.30 as its non-convertible debentures was subscribed by over six times on its first day today, generating a demand worth about Rs 12,645 crore. (Photo: Reuters)

The BSE Sensex and and NSE Nifty remained in positive terrain throughout the day on Tuesday on firm global cues. Sensex soared 440.35 points to close at 28,343.01, while NSE Nifty surged 136.90 points to end at 8,744.35.

Below are the stocks that remained in focus in Tuesday trade

DLF: Stocks of the realty major ended 2.46 per cent up at Rs 162.20 after it posted over two-fold jump in consolidated net profit to Rs 261.42 crore for the quarter ended June 30, as compared to net profit of Rs 125.87 crore in the April-June quarter of last financial year.

Ashoka Buildcon: Stocks of the company ended o.55 per cent up at Rs 156.30 after it won a project from NHAI to widen a road stretch on NH 32 at a cost of Rs 946 crore. The company also posted a 32.7 per cent fall in its standalone net profit at Rs 30.8 crore for the quarter ended June 2016 as against net profit of Rs 45.8 crore for April-June in 2015-16.

DHFL: Stocks of housing finance company ended 3.19 per cent up at Rs 289.30 as its non-convertible debentures was subscribed by over six times on its first day today, generating a demand worth about Rs 12,645 crore.

MOIL: Stocks of the public sector company settled the day 2.75 per cent down at Rs 252.70 after posting a 48 per cent fall in standalone net profit at Rs 47.15 crore for the quarter ended June 30 as compared to Rs 89.88 crore in the year-ago period.

Ramky Infrastructure: Stocks of the company ended 4.55 per cent up at Rs 78.20 as National Highways Authority of India (NHAI) has awarded contracts worth Rs 1,646 crore to Ashoka Buildcon and Ramky Infrastructure for building two highway projects in Jharkhand.

Dr Reddy’s Laboratories: SShare price of the company ended 1.40 per centup at Rs 78.20 as it has launched nitroglycerin sublingual tablets, a therapeutic equivalent generic version of Nitrostat (Nitroglycerin) sublingual tablets in the US.

TD Power Systems: Stocks of the company closed 1.96 per cent up at Rs 199.80 after it received an an order for supply of 45 railway application generators from a major multi-national company for installation in North America. The supplies under this order would be completed between January 2017 & April 2017.

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