STOCKS TO WATCH- Tuesday JAN 17 - BPCL, Cairn India, Fortis Healthcare, RIL
Bharat Petroleum Corporation Ltd:
BPCL, the state-owned oil marketing company, will be in focus after it received in-principle approval of merger of Petronet CCK Ltd with itself.
Cairn India Ltd:
Cairn India Ltd., an exploration and production company will be in focus after the company's daily average production slumped 7% in the quarter ended Dec 31.
Delta Corp Ltd:
Delta Corp Ltd., real estate, a gaming and hospitality company will be in focus after it has received a licence for operations of a casino in Gangtok, Sikkim.
Fortis Healthcare Ltd:
Fortis Healthcare Ltd., leading healthcare group company will be in focus after Daiichi Sankyo has moved an application in Delhi High Court to block former Ranbaxy Lab promoters Malvinder and Shivinder Singh from selling their stake in the company in the Rs 20.5 billion arbitration case.
Reliance Industries Ltd:
Reliance Industries Ltd., largest oil refining company will be in focus after fiscal third-quarter consolidated profit jumped 4.4% from a year ago on higher sales and gross refining margins.
Tata Global Beverages Ltd:
Tata Global Beverages Ltd., Tata Group company will be in focus after it announced that it would exit from its Chinese JV Zhejiang Tata Tea Extraction Co Ltd (ZTTECL).
Titan Company Ltd:
Titan Company Ltd., India's largest gold retailer, will be in focus after it has decided to consolidate its portfolio by migrating the Gold Plus network to become part of the Tanishq network.
Teamlease Services Ltd:
Teamlease Services Ltd., leading human resource provider will be in focus after it has signed a definite agreement to acquire 100% shares in Keystone Business Solutions. The consideration involved in the transaction is Rs 80.2 million payable in cash.