Monday, 7 November 2016

Top 5 Stocks in Focus Today: Punjab National Bank, Bank of Baroda



Check out the companies which will be in focus during trade today based on recent and latest news developments. For more information visit www.marketmagnify.com/freetrial.php 
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Punjab National Bank: Punjab National Bank reported a net profit of Rs.549 crore in the second quarter of the current fiscal, a fall of 11% from the Rs 621 crore profit recorded in the corresponding year-ago period.
Reliance Industries: Reliance Industries partners are considering joining the arbitration that the Mukesh Ambani-run firm is planning to initiate against the government for slapping a $1.55 billion demand for “unfairly enriching” by producing natural gas belonging to Oil and Natural Gas Corp, as per media reports.
Bank of Baroda:  Bank of Baroda reduced the marginal cost of fund (MCLR) based interest rates by 10 basis points across different tenors with effect from 7 November.
PNB Housing Finance: Shares of PNB Housing Financeis going to list on bourses today.
Union Bank of India: Union Bank of India reported its net profit at Rs 177 crore in the September quarter, down 73% from Rs 658 crore posted a year ago, on account of a massive rise in provisions for bad loans.

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