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Last Updated : Sep 07, 2016 09:01 AM IST | Source: CNBC-TV18

Stocks that must be on your radar

Some of the stocks that should be on your radar are: Bharat Forge, Oil India, Tata Motors, NBCC (India), ILandFS Engineering and Construction Company, GAIL India, Mahindra and Mahindra, Amara Raja Batteries.

Bharat Forge: North America class 8 net orders up 34.6 percent at 14,000 units (MoM). 30 percent revenue comes from North America truck market.

State-run Oil India's standalone net profit dropped 33.47 percent to Rs 494.41 crore in the quarter ended on June 30, 2016, compared to the same period last year.

The oil PSU had reported a net profit of Rs 743.21 crore for the quarter ended June 30, 2015.

Total income fell to Rs 2,460.85 crore for the quarter ended June 30, 2016, from Rs 3,164.12 crore in the quarter ended June 30, 2015, Oil India said in a BSE filing today.

Oil India's revenue from crude oil came down to Rs 1,605.35 crore in the first quarter of this fiscal from Rs 2,195.36 crore in the year ago period.


Similarly, revenue from natural gas declined to Rs 451.11 crore in April-June compared to Rs 541.52 crore last year. The income from LPG also came down to Rs 22.21 crore in the quarter under review from Rs 32.52 crore a year ago.

Oil India is a fully integrated upstream petroleum company.

Tata Motors: JLR releases first teaser images of new Land Rover Discovery. New Discovery will be first major launch of 2017. Retail sales for new Discovery will start from early 2017. Success of new Discovery will be key driver for FY18 earnings. Discovery brand has contributed 10 percent to FY16 volumes and 12 percent to revenue. New Discovery will be officially released on September 28, 2016.

NBCC secured work amounting Rs 270 cr (approx.) from UGC. Outstanding orderbook standing at Rs 70,000 crore. FY16 Profit  at Rs 310 crore.

IL&FS Engineering wins Rs 173.13 crore pipeline laying contract. Order from GAIL to lay pipeline in Kerala. Order to be mechanically completed in 24 months. FY16 Revenue at Rs 2,131 crore.

Other stocks in news are Mahindra & Mahindra and Amara Raja.

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First Published on Sep 7, 2016 08:42 am
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