Friday, 10 March 2017

Top Indian Stocks To Focus | Share Market Tips

Get brief explanation on Top Stocks On Indian Share Market,  well researched stock market tips as well
NBFC, Gold-related companies:

Non-Banking Finance Companies (NBFCs) cannot lend more than Rs 25,000 in cash against gold, the Reserve Bank of India said on Thursday. The earlier provision for NBFC was that high value loans against gold of Rs 100,000 and above must only be disbursed by cheque.

Aurobindo Pharma Ltd:

Aurobindo Pharma Ltd., a drugmaker, will be in focus after Goldman Sachs maintained 'Buy' on company with a target price of Rs 934 per share.

Atishay Ltd:

Atishay Ltd., a software services provider, will be in focus after it said it has been awarded Aadhar Authentication Agency (AUA) license by the UIDAI.

Bharti Airtel, Idea Cellular:

Telecom tribunal TDSAT reserved its order on an interim appeal seeking a stay on Reliance Jio's free promotional offer. The Telecom Disputes Settlement and Appellate Tribunal (TDSAT) reserved its order after hearing all the parties concerned including regulator TRAI, incumbent operators Bharti Airtel and Idea Cellular, and Reliance Jio.

Cipla Ltd:

The drugmaker will be in focus as Delhi high court has barred Cipla from selling copies of Novartis AG's respiratory drug Onbrez in India, upholding the patents held by the Swiss drug maker.

Godrej Industries Ltd:

The company will be in focus as Godrej Agrovet has hired Kotak Mahindra Capital and is in the process of hiring two more investment banks to manage an initial public offering (IPO) through which it plans to raise as much as $200 million.

Hindalco Industries Ltd:

Hindalco Industries Ltd., a part of the Aditya Birla group, will be in focus after it raised Rs 33.50 billion through issuance of shares to qualified institutional buyers (QIBs).

IndusInd Bank:

IndusInd Bank, a state-owned lender, will be in focus after a bancassurance partner for Cholamandalam General Insurance and Religare Health Insurance, plans to start its own general insurance firm, said two people close to the development. The bank, led by Romesh Sobti, plans to make general insurance products and not just be a distributor.


IIFL Ltd., a non-banking finance companies, will be in focus after it announced de-merger of 5 Paisa Digital Undertaking from IIFL Holdings Ltd.

Kirloskar Ferrous Ltd:

The company will be in focus as it will not proceed with acquisition of pig iron plant of VSL Steels as it got delayed due to the latter's disputes.

Layla Textiles and Traders Ltd:

Layla Textiles and Traders Ltd., a saree maker, will be in focus after it said board is going to consider sub-division of shares.

Petronet LNG Ltd:

The company will be in focus after France's Engie SA planned to sell its entire 10% holding in the company.

Syndicate Bank:

The lender will be in focus as it planned to sell GVK assets through e auction due to debt default.

Tata Motors Ltd:

Tata Motors Ltd., the maker of Nano & Jaguar Land Rover, will be in focus after it said it wholesale for the fiscal were 1.03 million units, higher 3% over fiscal year 2015-16.

Trident Ltd:

Trident Ltd., the largest yarn spinners, will be in focus after it announced that the 'Cotton Egypt Association' has accredited the company with its coveted 'Gold Seal' for its bed linen products.

Varun Beverages Ltd:

Varun Beverages Ltd., a non-carbonated beverages company, will be in focus after it said it has divested 41% stake in its Mozambique subsidiary, Varun Beverages Mozambique.

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