Ten stocks to watch out for on Wednesday

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NHPC :- The state-run company reported a standalone net profit at Rs 168.42 crore in the quarter ended March 31, 2017, a decline of 31%, as against Rs 245.48 crore in the same quarter of the previous year.

Jet Airways :- The airline company on Tuesday reported around 95% decline in consolidated net profit at Rs 23 crore for the quarter ended March 31, 2017, due to higher fuel prices and lower fares. The company had reported a net profit of Rs 426 crore in the same quarter of the previous year.

MTNL : -The company reported a net loss of Rs 634.8 crore for the quarter ended March 31, 2017, as against a net profit of Rs 188.64 crore in the same quarter of the previous year.

Gitanjali Gems :- The company on Tuesday posted a consolidated net profit of Rs 5.14 crore for the quarter ended March 31, 2017, as against a net loss of Rs 23.24 crore in the same quarter of the previous year.

SAIL :- The leading steel company reported a net loss of Rs 771.3 crore for the quarter ended March 31, 2017, as against a net of Rs 1184.64 crore in the same quarter of the previous year.

Bhushan Steel : -The steel company reported a net loss of Rs 756.76 crore for the quarter ended March 31, 2017, as against a net loss of Rs 657.56 crore in the same quarter of the previous year.

Monnet Ispat :- The company on Tuesday reported a standalone net loss of Rs 459.5 crore for the quarter ended March 31, 2017, as against a net loss of Rs 438.6 crore in the same quarter of the previous year.

Financial results today :- Castrol India, Raghav Ramming Mass and Bombay Potteries & Tiles are some of the companies likely to report their quarterly earnings on Wednesday.

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