Stocks in the news: India Cements, NTPC, IGL, Muthoot Finance and Fortis Healthcare

Nifty futures on the Singapore Exchange traded 106.95 points, or 1.08 per cent lower at 9,789.80, in signs that Dalal Street was headed for a negative start on Thursday. Here are a few stocks which may buzz the most in today's trade:

IRB Infra, MOIL: Bajaj Consumer Care, Brigade Enterprises, Capacite Infraprojects, Gujarat State Fertilizers, Gujarat Alkalies, IRB Infrastructure, MOIL, Thermax, Thomas Cook (India), and Whirlpool of India are slated to announce their March quarter earnings on Thursday.

India Cements: The cement maker denied reports that Radhakishan Damani is considering a controlling stake in the company. Earlier, Bloomberg reported citing unnamed sources that Damani, the Indian tycoon who built a fortune rolling out his supermarkets across the country, is considering acquiring a controlling stake in the company.

NTPC: State-run power giant NTPC said the first 150 MW unit of its Kameng hydropower project is commercially operational. The remaining three units of 150 MW each, totalling 450 MW power generation capacity of the plant, are expected to be commercially operational within this fiscal year in a staggered manner.

Fortis Healthcare: The company reported a consolidated net loss of Rs 41.24 crore for the quarter ended March 31, 2020. The company had posted a net profit of Rs 151.19 crore for the corresponding period of the previous fiscal, Fortis Healthcare said in a BSE filing.

Pidilite Industries: The company reported a 33.92 per cent decline in its consolidated net profit to Rs 156.51 crore for the fourth quarter ended March 31.

Amara Raja: The company said it has migrated to a new enterprise platform SAP S/4HANA, which will enable it to automate and harmonise business processes. This will also help it seamlessly integrate data across all group companies and 14 business verticals as well as support their future growth plans, it said in a statement.

Supreme Industries: On Wednesday, Axis Mutual Fund bought 1,225,000 shares of Supreme Industries at Rs 1,080 each, while Venkatesh Investment and Trading Co sold 1,651,852 shares in the company at Rs 1,080.23 per share.

Muthoot Finance: The NBFC reported a 51 per cent increase in consolidated net profit at Rs 3,169 crore for fiscal year 2020, when its loan assets under management rose 22 per cent to Rs 46,871 crore.

Wheels India: Steel wheels-maker Wheels India reported a decline in its standalone net profit for the fourth quarter ending March 31.The dip by Rs 4.62 crore was due to the impact on sales and profits by the coronavirus lockdown in the country.

Indraprastha Gas: The largest CNG distribution company of the country, on Wednesday reported a 12 per cent rise in March quarter net profit on the back of higher gas sales.

Jaiprakash Power Ventures: The company said its consolidated net loss has narrowed to Rs 70.91 crore in the March 2020 quarter. Its net loss had stood at Rs 245.30 crore in the corresponding quarter of the previous financial year.

REC: State-run non-banking lender REC on Wednesday posted a 62 per cent drop in its consolidated net profit to Rs 474 crore in the January-March quarter. Its net profit was Rs 1,252.66 crore in the corresponding quarter a year ago.

Grasim Industries: Aditya Birla Group flagship firm Grasim Industries said it has raised Rs 500 crore through private placement of non-convertible debentures.

Natco Pharma: Drug firm Natco Pharma on Wednesday reported a 22.59 per cent decline in its consolidated net profit at Rs 93.2 crore for the quarter ended March 31.

Bajaj Auto: The two-wheeler maker said it has clocked a compound annual growth rate (CAGR) of 10 per cent in the last ten years, with revenue shooting up to Rs 29,919 crore in 2019-20. The company also said it has achieved several milestones in the last financial year that has helped it set the tone for its next phase of growth.