Today's Top Indian Stocks To Watch | Share Market Tips
STOCKS TO WATCH- Wednesday JAN 18 - Cadila Healthcare, Delta Corp, Hinduja Ventures, Mercator, Yes Bank
Cadila Healthcare Ltd:
Cadila Healthcare Ltd., the drugmaker, will be in focus after it announced the company and its subsidiary Zydus Pharma (USA) Inc on Tuesday announced that they have finalised an agreement with Kowa Company Ltd, Kowa Pharmaceuticals America Ind and Nissan Chemical Industries to settle all outstanding patent litigation related to Livalo tablets.
Delta Corp Ltd:
Delta Corp Ltd., the real estate and gaming Company, will be in focus after it announced on Wednesday before market hours reported a net profit of Rs 10.76 million, down 78%, against Rs 80.03 million in the corresponding quarter last year.
Goa Carbon Ltd:
Goa Carbon Ltd., calcined petroleum coke maker, will be in focus after it informed exchange regarding resumption of operations at Paradeep unit. There would not be any financial impact due to temporary shutdown of Paradeep unit on account of sufficient inventory of finished material.
Hinduja Ventures Ltd:
Hinduja Ventures Ltd., Hinduja Group company, will be in focus after it disinvested 61.10 million shares of Hinduja Energy (India) shares held by Hinduja Ventures.
Indiabulls Real Estate Ltd:
Indiabulls Real Estate Ltd., construction and real estate developer, will be in focus after it informed exchange that it has acquired FIM's entire stake of approx 74% in IIPL for a total consideration of around Rs 3.82 billion and with this IIPL has become 100% owned by Indiabulls Real Estate.
Kirloskar Ferrous Industries Ltd:
Kirloskar Ferrous Industries Ltd., pig iron and grey iron maker, will be in focus after it informed exchange that the upgrade of Mini Blast Furnace has been completed and the commercial production has commenced from January 17.
Mercator Ltd., the second largest private shipping company, will be in focus after it has approved issue price of Rs 40.75 per share for QIP issue. Mercator approved issue of confirmation allocation note for the allocation of 25 million shares via QIP.
NBCC Ltd., real estate developer, will be in focus after it announced that the AIIMS on Tuesday joined hands with the NBCC Limited for developing a housing complex for the staff at its western campus amid protests by Resident doctors who are opposing the government's policy of selling 10% institutional land for commercial use.
Sadbhav Engineering Ltd:
Sadbhav Engineering Ltd., engineering construction company, will be in focus after it announced that it along with Sadbhav Infrastructure Project has entered into a share purchase cum shareholders' cum subordinate debt agreement with, D Thakkar Construction Pvt Ltd and DTC Toll Projects Pvt Ltd where it has been agreed to transfer 9% of shareholdings of Maharashtra Border Check Post Network to DTC as against 21.805% agreed earlier.
YES Bank Ltd:
YES Bank Ltd., the fifth largest private sector lender, will be in focus after it announced that it has launched 'Yes Fintech', a business accelerator program in collaboration with T-Hub - a startup incubator set up by the Telangana government and Anthill - a speed scaling platform for early growth stage start-ups.
Hatsun Agro Product, Hindustan Oil Exploration, RSS Software, Sasken Communication and Trident will announce their financial results for the quarter ended December 31, 2016 on Wednesday.