Five stocks to watch out for on Friday
Dwarikesh Sugar Industries: The company reported a net profit of Rs 46.82 crore for the quarter ended March 31, 2017, as against net profit of Rs 52.82 crore in the same quarter of the last fiscal.
Sutlej Textiles and Industries: The company on Thursday posted a profit after tax at Rs 33.27 crore in the quarter ended March 31, 2017, a decline of 34.64%, as against profit after tax of Rs 50.91 crore in the corresponding quarter of the previous financial year.
United Bank of India: The state-owned lender reported a profit of Rs 73.56 crore for the quarter ended March 31, 2017, due to declined provision for bad loans. The bank had reported a loss of Rs 413.04 crore in the same quarter of the previous year, mentioned a national news portal.
Tata Coffee: The company on Thursday reported a consolidated net profit of Rs 45.69 crore for the quarter ended March 31, 2017, an increase of 235%, as against net profit of Rs 13.65 crore in the same quarter of the previous year.
Financial results today: Dhanuka Agritech, Atlas Cycles (Haryana), Grasim, Just Dial, Kalpataru Power, Motherson Sumi, State Bank of India, Suzlon, Tata Power and Zuari Global are some of the companies likely to report their quarterly earnings on Friday.
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