Hero Motocorp: Country's largest two-wheeler maker Hero MotoCorp reported a 3.64 percent increase in sales at 6,63,153 units in October.
The company had sold 6,39,802 units in October 2015, Hero MotoCorp said in a statement.
The two-wheeler major said its retail sales during the festive period crossed a million units even before the Dhanteras day.
"This has overall been a record festive season for Hero MotoCorp. With this performance, the company's dealer inventories have come back to normal levels," it said.
The company has crossed six lakh plus sales in five months during 2016 so far.TVS Motor: TVS Motor reported a 3.7 percent increase insales at 6.63 lakh units versus 6.39 lakh units. Third consecutive month of 6 lakh plus retail sales. Total Sales rises 12 percent at 3.08 lakh units versus 2.74 lakh units. Strong retail growth during festive season. Motorcycle Sales rises 14.5 percent at 1.21 lakh units versus 1.06 lakh units. Scooter sales see muted growth. Scooter Sales up 1 percent at 92,417 units versus 91,430 units. Cairn and ONGC in focus: Crude oil prices decline 3 percent overnight; At 5-week lows. Crude oil has fallen over 10 percent in last week.HT Media: HT Media reported a decline of 16.01 percent in its consolidated net profit to Rs 30.93 crore for the quarter ended on September 30, 2016.
The company had posted a net profit of Rs 36.83 crore in the July-September period of the previous fiscal, HT Media said in a BSE filing.
HT Media's net sales during the period under review were up marginally 0.14 percent at Rs 596.15 crore as against Rs 595.30 crore in the corresponding quarter of previous fiscal.Sonata Software: IT services firm Sonata Software said its consolidated net profit declined 4 percent to Rs 37.8 crore for the September quarter, impacted by forex movement and additional investment in intellectual property (IP) development.
The company's net profit stood at Rs 39.3 crore in the year-ago period, Sonata said in a statement.
Its revenues grew 31 percent to Rs 522.5 crore in July-September, from Rs 398.4 crore in the same quarter last year.
Further, the company has reported an exceptional item of Rs 2.09 crore in the first quarter on account of interest on refunds received from the Income Tax department.Other stocks in focus are ICICI and Noida Toll.
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