Result Expectation: SBI Q4FY17


Buzzing Stocks
Results Today: State Bank of India, Motherson Sumi, Tata Power, KEC International, Suzlon Energy, Grasim Industries, Mahindra Holidays & Resorts India, Just Dial, Sintex Industries, Aarti Industries, Future Enterprises, Titagarh Wagons, V-Guard Industries, RCF, IFCI, Abbott India, Chambal Fertilisers, RCF.
Bank of Baroda Q4 FY17: PAT at Rs 154.7 Cr vs net loss of Rs 3,230.14 Cr. Provisions up 26% at Rs 2,623 Cr from Rs 2,079.5 Cr (QoQ). Gross NPA down to 10.5% from 11.4% (QoQ).
United Bank of India approved raising of equity up to Rs 1,000 Cr via QIP, Public Issue or Rights Issue.
Sutlej Textiles approves stock split in the ratio of 1:10.
New F&O Entrants from May 26:HCC, Kajaria Ceramics, NALCO, RBL Bank, Ramco Cements.
Strides Shasun signs definitive agreements with Vivimed Labs to set up two joint venture companies.
Lupin receives USFDA approval for generic Seroquel XR Tablets which had US sales of $1.27 billion.
HSIL to consider various options in relation to the potential restructuring to unlock the intrinsic value.
India Tourism Development Corporation shareholders approve disinvestment of undertakings and subsidiaries of the company.
IDBI Bank Q4 FY17: Net loss at Rs  3199.79 Cr. Gross NPA at 21.25% vs 15.16%. Stock down 8%.
Bajaj Auto Q4 FY17 (YoY): PAT at Rs 862 Cr vs Rs 996 Cr. 5213 cr Vs Rs 5710 Cr. Stock slips 2%.