Five stocks in limelight Wednesday, April 26, 2017

Reliance Industries Limited (RIL) – It is analyzed that Reliance Jio Infocomm may extend its pricing strategy of allowing reductions and complimentary services for more than a year, so as to gather around 15% of subscribers.

IDFC Bank – The net profit growth of 7% at Rs 176 crore has been reported by the bank for the Q4 ended March 31, 2017, on Tuesday, versus Rs 165.10 Cr in the last fiscal.

Axis Bank – Axis bank is expected to announce its financial results for the quarter ended March 31, 2017 today.

LIC Housing Finance has reported 18% growth in net profit at Rs 529.19 crore in the Q4 ended March 31, 2017 v/s Rs 448.02 Cr in the same quarter last year.

Mahindra & Mahindra Financial has announced a fall of 37% in net profit at Rs. 234 Cr for the last quarter ended March 31, 2017, with reference to its net profit of Rs 370 Cr in the corresponding quarter last year.


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