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Majour stock news today: 

Indiabulls Housing Finance Ltd (IBHFL) consolidated net profit rose 25.82 percent to Rs 861.06 crore on 16.26 percent growth in total revenue to Rs 3,342.48 crore in Q2 Sept on Y-O-Y. Further, the company has approved the proposal of issuing secured and unsecured NCDs, upto Rs 25000 crore and Rs 3000 crore, on PP basis. It has declared an interim dividend of Rs. 9.00 / share for fiscal 2018.

Infosys Ltd, Asian Paints, ICICI Prudential Life Insurance, HDFC Bank, Ambuja Cements, Zee Entertainment and ABB India Ltd will announce July-Sept 2017 quarterly results today, 24 October 2017 and their stocks are expected to without today.

Reliance Communications (RCom) has announced that it has received the DoT approval for the demerger of the wireless business of SSTL (Sistema Shyam Tele-services) into RCom. With this development, the later will acquire 2 million customers approx, and additional annual revenues of about Rs 700 crore.

Cochin Shipyard stocks will be watched out as the Ministry of Shipping, Govt of India had approved formation of JV Company between Cochin Shipyard and Hooghly Dock & Port Engineers, aiming for modernization of shipbuilding infrastructure setup. Stock Option Tips 

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