Friday 17 February 2017

INDIAN STOCKS ARE IN FOCUS | SHARE MARKET TIPS

STOCKS TO WATCH- Friday FEB 17- BHEL, Bharti Airtel, Biocon, Idea, IOC, HDFC Bank, Lupin, M&M

Nifty Cos:

State-run Bharat Heavy Electricals Ltd (Bhel) and telecom major Idea Cellular will move out of National Stock Exchange's Nifty 50 index from March 31. Indiabulls Housing Finance and Indian Oil Corporation will be included in the index in their place.

Bharti Airtel Ltd:

Bharti Airtel Ltd., the largest telecom service provider, will be in focus after it said that it has completed acquisition of Augere Wireless -- a company which holds one slot of 2,300 Mhz band spectrum in Madhya Pradesh circle.

Biocon Ltd:

Biocon Ltd., the drugmaker, will be in focus after company and its partner Mylan Inc said the US drug regulator USFDA has accepted Mylan's biologics licence application (BLA) for a proposed biosimilar of branded trastuzumab for treatment of certain breast and gastric cancers.

Eveready Industries Ltd:

Eveready Industries Ltd., the battery maker, will be in focus after it announced that a meeting of the board of directors will be held on Monday, February 20 to consider the reorganisation of the packet tea operations.

Havells India Ltd:

Havells India Ltd., the largest electrical equipment companies, will be in focus after it announced that is in advance negotiations with Lloyd Electric and Engineering to acquire its consumer durables business and get a toehold in the fastgrowing Indian air conditioners market that is dominated by global brands, multiple people involved in the talks said. Havells may do the deal for 12-15 billion, they added.

HDFC Bank:

HDFC Bank, the largest private lender, will be in focus after it announced that Reserve Bank has removed restrictions imposed on it with immediate effect. The aggregate foreign shareholding through ADR/GDR/FIIs/FPIs/FDI/NRIs/PIOs in company have gone below the prescribed limit stipulated under the extant FDI Policy, RBI said in a notification.

Lupin Ltd:

Lupin Ltd., the drugmaker, will be in focus after it received approval from the US health regulator for generic Hydrocodone Bitartrate and Homatropine Methylbromide oral solution used for providing relief of cough. The company has received US Food and Drug Administration (USFDA) approval for its generic Hydrocodone Bitartrate and Homatropine Methylbromide oral solution (Syrup) 5 mg/1.5 mg per 5 ml.

Lux Industries Ltd:

Lux Industries Ltd., the hosiery maker, will be in focus after it has been strongly contemplating merger of two unlisted entities with its publicly listed outfit Lux Industries Limited.

Mahindra & Mahindra Ltd:

Mahindra & Mahindra Ltd., the nations's biggest sports utility vehicle maker, will be in focus after it announced that it has launched Supro Minivan and Minitruck. And company informed exchanges that an indirect subsidiary has entered into a share purchase agreement with Mahindra Solar One to acquire 10,000 equity shares of Mahindra Suryaurja at consideration of Rs 1 only.

NTPC Ltd:

NTPC Ltd., the state-owned power producer, will be in focus after it has started production from Pakri Barwadih coal mine in Jharkhand and the first rake of the dry fuel was flagged off today.

Oil and Natural Gas Corp (ONGC):

Oil and Natural Gas Corp (ONGC), the India's biggest oil explorer, will be in focus after it aims to spend Rs 290 billion in FY2017-18, similar to the capex planned for the current fiscal year, to mostly develop its offshore oil and gas fields.

Ruchi Soya Industries Ltd:

Ruchi Soya Industries Ltd., the country's largest edible oil manufacturer, will be in focus after, Thursday received a breather after Bomaby High Court dismissed winding up petition against the company.

Siemens Ltd:

Siemens Ltd., the leading powerhouse in electronics and electrical engineering company, will be in focus after it announced that it won order worth Rs 1.19 billion from Sterlite Power Grid Ventures. The order is for design, engineering, procurement, manufacture, supply and commissioning of equipment for 765/400kV Air Insulated Switchgear (AIS) substation at Khandwa (Madhya Pradesh).

Sundaram Finance Ltd:

Sundaram Finance Ltd., will announce its financial results for the quarter ended December 31, 2016 on Friday.

Get Bank Nifty, Sensex Trading Tips By Experts, Subscribe Here http://bit.ly/1T3cqCb

No comments:

Post a Comment