Stock To Watch Out In Trade Today, 11-July

Based on latest developments, here is a list of stocks that are expected to be in focus on Thursday’s trading session: HFCL, HDFC, Axis bank, GTPL Hathway.

Himachal Futuristic Communications Ltd (HFCL) on Wednesday announced that Company’s net profit rose 139.77pv to Rs110.39-Cr on 23.36pc rise in total income to Rs1349.04-Cr in quarter first June 2019 on Year-on-year.

Housing Development Finance Corp (HDFC) on Wednesday announced that the Company will raise up to Rs3000-Cr by issuing bonds on a PP basis to prop up its long-term capital needs.

Axis Bank will consider the option of raising funds by issue of equity shares

GTPL Hathway reported that its consolidated net profit rose 120.27pc to Rs29.45-Cr on 49.72pc rise in total income to Rs454.46-Cr in Q1 June 2019 on Year-on-year basis.