Stocks in the news: RIL, Tata Motors, PNB Housing, HDFC AMC and Cadila Healthcare and Coal India

Nifty futures on the Singapore Exchange traded 1 point, or 0.01 per cent higher at 10,046, in signs that Dalal Street was headed for a muted start on Friday. Here are a few stocks which may buzz the most in today's trade:

Reliance Industries: Oil-to-telecom conglomerate Reliance Industries announced eleventh investment in Jio Platforms worth Rs 11,367 crore for a 2.32 per cent stake in the by Saudi Arabia’s sovereign wealth fund Public Investment Fund.

HDFC Asset Management Co: HDFC Asset Management Company's offer-for-sale (OFS) by promoter Standard Life Investments closed on Thursday, with retail investors subscribing 82 per cent of the portion reserved for them.

Tata Motors: Moody's Investors Service said it has downgraded Tata Motors’ corporate family rating (CFR) and the company's senior unsecured instruments rating to B1 from Ba3, and changed the outlook on all ratings to negative from ratings under review.

PNB, Cadila Healthcare and Oil India: Bajaj Electricals, Cadila Healthcare, Dalmia Bharat Sugar and Industries, LIC Housing Finance, Novartis India, Oil India, Punjab National Bank, PTC India, The Ramco Cements, Ramco Industries, Zuari Agro Chemicals are slated to announce their March quarter earnings on Friday.

PNB Housing: The HFC said it has seen a sharp decline in requests for moratorium from its customers, with its asset under management (AUM) under the scheme falling from 56 per cent in the March-May period to 31 per cent as of June 5.

MOIL: Sate-run MOIL reported a sharp fall of over 90 per cent in its consolidated net profit at Rs 13.47 crore for the quarter ended March 31, 2020, mainly on account of reduced income. The company had posted a net profit of Rs 139.63 crore during the same quarter a year ago, MOIL said in a BSE filing.

Magma Fincorp: Non-banking financial company Magma Fincorp reported a net loss of Rs 35.51 crore for the March quarter on fall in core income from interest and increased provisions due to the coronavirus pandemic.

Whirlpool of India: Home appliance firm Whirlpool of India, a subsidiary of Whirlpool Corporation, reported a 16 per cent drop in profit after tax for March quarter at Rs 87.4 crore, which the company attributed to the lockdown in the later part of March.

Bajaj Consumer Care: The company reported a 61 per cent decline in consolidated net profit at Rs 23.29 crore for the fourth quarter ended March 2020. The company had posted a net profit of Rs 59.82 crore during the January-March quarter of the previous fiscal, Bajaj Consumer Care said in a regulatory filing.

Gujarat Alkalies and Chemicals: The company reported a 93.25 per cent decline in its consolidated net profit to Rs 11.4 crore for the quarter ended March 31. Its net profit had stood at Rs 168.93 crore in the corresponding period of 2018-19, Gujarat Alkalies said in a filing on the BSE.

IRB Infrastructure: The company reported a 26 per cent dip in consolidated net profit at Rs 154 crore for the quarter ended March 31.

City Union Bank: The bank reported a loss of Rs 95.25 crore for the fourth quarter ended March 2020, due to a spike in bad loan provisioning. The private sector lender had posted a net profit of Rs 175.11 crore during the corresponding quarter of the previous financial year 2018-19.

Thermax: Energy solutions provider Thermax on Thursday reported a 69 per cent decline in consolidated profit after tax (PAT) at Rs 39 crore for the quarter ended March 31, 2020, mainly on account of lower income.

Gujarat State Fertilize and Chemicals (GSFC): The company posted a 36.82 per cent decline in consolidated profit after tax for the March quarter at Rs 61.85 crore.

Hikal: Life sciences firm Hikal on Thursday reported 27 per cent decline in consolidated net profit at Rs 24.47 crore for the quarter ended March 31.

Brigade Enterprises: Real estate developer Brigade Enterprises has reported 115 per cent drop in the fourth-quarter profit from a year ago, due to the change in accounting norms to AS-115 and nationwide lockdown impacting the hospitality business and the increase in CSR spend.

Vinati Organics: Chemicals maker Vinati Organics aims to double its revenue every three-four years by continuing to develop scalable manufacturing processes for niche chemicals, which will ensure better margins than commoditising existing processes for mainstream substances.

State Bank of India: About 15 percent of State Bank of India's Mudra loan portfolio has turned bad, in sync with the concerns raised by RBI over the growing stress on the government's loan scheme for micro enterprises and partnership firms. The bank had sanctioned Rs 33,800 crore Mudra loans in FY19.

Coal India: The company has identified 15 mining projects that would be operated through mining operators cum developers under its new strategy to expand production, the state-run miner said on Thursday. Separately, coal trade unions said they are going ahead with their three-day nationwide strike from July 2 in Coal India and SCCL against the government's move to open the coal sector to private players.