Stocks in focus on Friday, 19 May 2017; Companies post their earnings

Several companies report their Financial results today 19th May, 2017. The companies include Dhanuka Agritech, State Bank of India, Grasim, Atlas Cycles, Just Dial, Motherson Sumi, Kalpataru Power, Suzlon, Tata Power and Zuari Global, among others likely to report their quarterly earnings on Friday.

Sutlej Textiles and Industries on Thursday announced a profit after tax at Rs 33.27 Cr, in the Q4FY17, a decline of 34.64 percent, versus profit after tax of Rs 50.91 Cr, in the same quarter of the last fiscal.

United Bank of India has announced a profit of Rs 73.56 Cr, for the Q4FY17, due to declined provision for bad loans. The bank had reportedly posted a loss of Rs 413.04 Cr, in the same quarter of the last year.

Tata Coffee Ltd has reported a consolidated net profit of Rs 45.69 Cr, for the Q4FY17, an increase of 235 percent, as against net profit of Rs 13.65 Cr, in the corresponding quarter last year.

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