Here's why Hero Moto, ACC, Federal Bank are in focus

Two-wheeler maker Hero Motocorp beat analysts' expectations on Tuesday with September quarter standalone profit rising 1.1 percent year-on-year to Rs 772 crore on better operational performance despite subdued revenue growth and lower other income. Revenue declined 1.1 percent to Rs 6,837.09 crore in quarter ended September 2015 compared to Rs 6,915.3 crore in same quarter previous fiscal due to tepid volume growth. Total volume during the quarter declined 4.4 percent to 15.7 lakh units year-on-year due to subdued demand environment in rural markets. Profit was estimated at Rs 717.2 crore (down 6 percent) on revenue of Rs 6,681 crore (down 3.4 percent) for the quarter, according to average of estimates of analysts polled by CNBC-TV18. Realisations per vehicle increased 2.7 percent to Rs 43,414 in second quarter of current financial year compared to Rs 4,2258 in preceding quarter.Cement maker ACC reported a drop of 40 percent in its consolidated net profit at Rs 115.21 crore for the quarter ended September 30, hit by sales decline as well as subdued prices. The company, which follows January to December as its fiscal year, had posted a net profit of Rs 192.60 crore during the same period last year, ACC said in a BSE filing. Total consolidated income of the cement major also fell marginally to Rs 2,789.82 crore in the July-September quarter from Rs 2,814.46 crore in the same period a year ago. Total expenses were higher at Rs 2,639.99 crore against Rs 2,577.79 crore in the reported quarter. The firm said that cement sales were poor during the July-September quarter and added that the pace of economic revival has been slower than expected. ACC's cement sales were down, albeit marginally, to 5.61 million tonnes (MT) in the third quarter from 5.62 MT in the year-ago period. Federal Bank sees disappointed second quarter in FY16 year on year. Profit down by 33 percent at Rs 161.28 crore versus Rs 240.3 crore. NII rises by 0.4 percent at Rs 608.3 crore versus Rs 605.8 crore.Gross NPA at 2.9 percent versus 2.59 percent. Gross NPA up by 15 percent at Rs 1,498.73 cr versus Rs 1,304.58 crore. Everest Industries sees weak second quarter in FY16 year on year. Total Income rises by 16.3 percent at Rs 286.7 crore versus Rs 246.6 crore. EBITDA down by 50 percent at Rs 4.3 crore versus Rs 8.5 crore. Margins at 1.5 percent versus 3.5 percent. Net Loss at Rs 2.3 crore versus Net Profit of Rs 3.4 crore.Biotechnology major Biocon on Tuesday reported an over two-fold jump in its consolidated net profit at Rs 306 crore for the second quarter ended September 30, 2015. The company had posted a net profit of Rs 102 crore in the same period a year ago, Biocon said in filing to the BSE. "It has been a landmark quarter for Biocon with the hugely successful listing of Syngene. We are extremely proud and excited to take Syngene to its next phase of growth. For second quarter of financial year 2016, Syngene reported a revenue growth of 30 percent," Biocon Chaiperson and Managing Director Kiran Mazumdar-Shaw said in a statement. The consolidated revenue of Biocon was up by 11.38 percent at Rs 861 crore during the quarter compared to Rs 773 crore in the year-ago period.State-run Container Corporation of India (CONCOR) Tuesday reported 21.38 percent jump in its standalone net profit to Rs 232.91 crore for the second quarter ended September 30 on the back of higher income. The company had posted a net profit of Rs 191.88 crore for the July-September quarter of the previous fiscal, CONCOR said in a filing to the BSE. Its total income from operations increased to Rs 1,501.94 crore during the quarter from Rs 1,354.79 crore in the corresponding period of 2014-15. The firm's total expenses rose to Rs 1,273.38 crore during the quarter from Rs 1,190.68 crore a year ago. CONCOR, set up in 1988, provides cost-effective logistics services. It has a network of 63 terminals, offering scheduled and on demand rapid rail and road services between the hinterland and ports, and between terminals across the country.Yes Bank cuts savings deposit rate to 6 percent from 7 percent. Cut triggered by industry-wide fall in fixed deposit rates. Savings accounts form 15 percent of bank's deposits. Can improve Net Interest Margin by 10 basis points.Ortel Communications net profit for the quarter ended September 30 rose 133 percent, aided by strong growth in customer base and robust margin in broadband business. The net profit of the cable television and broadband service provider moved up to Rs 2.8 crore from Rs 1.2 crore recorded in the year-ago period. During the July-September quarter, Ortel's RGU growth stood at 29.617 compared to 12,106 in the April-June quarter. It added 41,723 subscribers in the April-September period of this fiscal. The company signed network buy out agreements with multiple LCOs during the April-September period and 65,000 RGUs are in the pipeline to be integrated into its company's last mile network More than 50 percent of the new buyouts in the last two quarters have come from the emerging markets like Andhra Pradesh, Chhattisgarh, West Bengal & Madhya Pradesh. Credit rating agency ICRA has upgraded the debt rating of the company's term loans, fund based limits and unallocated Limits to BB from BB-.Mphasis reported mild beat in second quarter in FY16 quarter on quarter. Revenue at Rs 1,557.5 crore versus Rs 1,496.4 crore. EBITDA at Rs 234.5 crore versus Rs 190 crore. EBITDA Margins at 15 percent versus 12.7 percent. Profit After Tax rises by 18.4 percent at Rs 185 crore versus Rs 156.3 crore.The stocks in focus are Tata Global and Motherson Sumi.