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Bharti Airtel, Maruti Suzuki, ICICI Bank in Focus Today

  1. Bharti Airtel will report its second quarter earnings today. As per analysts polled by NDTV its net profit is likely to grow 16 per cent quarter-on-quarter (q-o-q) to Rs 1,287 crore, while its revenue is expected to grow over one per cent sequentially to Rs 23,227 crore.
  2. Maruti Suzuki India will report its numbers for the July-September quarter of FY15 today. Its net profit is likely to grow 23 per cent year-on-year (y-o-y) to Rs 826 crore and its revenue is seen growing 20 per cent to Rs 12,240 crore in the second quarter of FY15.
  3. ACC is likely to report 62 per cent y-o-y jump in its net profit to Rs 191 crore when it announces its earnings for the second quarter of FY15 today. Its revenue is seen growing 11 per cent y-o-y to Rs 2,774 crore.
  4. Ambuja Cements will report its numbers for the second quarter of FY15 today. As per analysts polled by NDTV its net profit is likely to grow 55 per cent y-o-y to Rs 257 crore, while its revenue is seen growing 15 per cent y-o-y to Rs 2,311 crore.
  5. ICICI Bank will report its earnings for the Q2 of FY15 today. As per analysts polled by NDTV its net interest income is likely to increase 14 per cent y-o-y to Rs 4,600 crore and its net profit is expected to grow 14 per cent y-o-y to Rs 2,685 crore.
  6. Tech Mahindra reported better than estimated earnings for the second quarter of FY15, on Wednesday post market hours. Its net profit grew 14 per cent sequentially to Rs 719 crore and its revenue grew 7 per cent to Rs 5,487 crore. Its dollar revenue grew 5.2 per cent sequentially against estimates of 2.5 per cent growth.
  7. DLF/ Unitech/HDIL/Prestige Estate: The government has relaxed foreign investment(FDI) norms in the construction sector on Wednesday. This is going to benefit companies like DLF, Unitech, HDIL and Prestige Estates.
  8. Yes Bank will report its earnings for the July-September quarter of FY15 today. As per analysts polled by NDTV its net profit is likely to grow 23 per cent y-o-y to Rs 456 crore, while its net interest income is seen growing 22 per cent y-o-y to Rs 821 crore.