Wednesday, 12 April 2017

Outlook On Top Indian Stocks In Market

An outlook on top indian stocks are in focus. get regular updates on nifty markets and sign up for profitable stock trading tips.

Aditya Birla Nuvo Ltd & Grasim Industries Ltd:

Aditya Birla Nuvo Ltd and Grasim Industries Ltd., the Aditya Birla Group companies, will be in focus after the shareholders of Aditya Birla Nuvo Ltd, approved the composite scheme of amalgamation with Grasim Industries Ltd and Aditya Birla Financial Services Ltd, in line with the NCLT order and the SEBI requirements.

Bharti Airtel Ltd:
The largest listed telecom company will be in focus after it filed an appeal before ASCI on Tuesday seeking review of the watchdog's decision that sought modification or withdrawal of the company's 'fastest network' advertisement campaign.

Cyient Ltd:
The software exporter will be in focus after Credit Suisse initiated coverage on Cyient with 'Outperform' rating and set a target price at Rs 625.

Diamines & Chemicals Ltd:
Diamines & Chemicals Ltd., will be in focus after the Board of Directors of the Company has unanimously decided to hand over/surrender the possession of the plot situated at GIDC, Dahej-II, back to GIDC .

ITC Ltd:
The cigarette maker will be in focus after it decided to overhaul its foods portfolio to invigorate its market share in categories that have been showing signs of fatigue more than a decade after the cigarette maker challenged the dominance of most packaged food companies in the country.

Mahindra Holidays & Resorts Ltd:
The company has acquired an additional 3.22% stake in Finland-based Holiday Club Resorts Oy (HCR) for 2.16 million euros (over Rs 145 million).

Max Financial services Ltd:
Max Financial services Ltd., will be in focus after Board of Directors of the Company approved allotment of equity shares of Rs 2/- each of the Company for cash at par, to certain stock optionholders arising from the exercise of Stock Options granted by the Company earlier.

Pincon spirit Ltd:
Pincon spirit Ltd., Indian-made foreign liquor (IMFL) distributer will be in focus after the Board of Directors of the company have approved the Proposal to raise funds through issue of Equity Share Warrants on preferential basis.

Reliance Defence and Engineering Ltd:
The Anil Ambani led Company will be in focus after its consolidated loss reduced to Rs 5.77 billion for the year ended March, 2017. It had posted a loss of Rs 5.92 billion for the year ended March 31, 2016.

Reliance Industries Ltd:
The Mukesh Ambani led worlds largest integrated refinery operator will be in focus after regulator TRAI nixed its complimentary offer, Reliance Jio on Tuesday announced a new plan of 1GB 4G data daily for 3 months at Rs 309 for its Prime members but rival Airtel dubbed the offer as a case of "old wine in a new bottle".

Steel Authority of India Ltd:
The state owned largest steel maker will be in focus after employees of three SAIL plants that the government plans to divest, went on day-long strike on Tuesday to protest against the stake sale, a trade union leader said.

State Bank of India:
The state-run largest lender will be in focus after it joined hands with the Department of Posts to promote cashless transactions, officials said here on Tuesday.

Shriram City Union Finance Ltd:
The commercial vehicle lender will be in focus after the Reserve Bank imposed a penalty of Rs 2 million and Rs 500,000 penalty on Hinduja Leyland Finance for violating fair practices code guidelines.

Swan Energy Ltd:
Swan Energy Ltd., will be in focus after the Board of directors of the company passed Allotment of 23.08 million equity shares of Rs 1/- each at a price of Rs 195/- to 2i Capital PCC.

Tata Motors Ltd:
Tata Motors Ltd., the owner of Jagaur Land Rover (JLR) luxury brand, will be in focus after wholly-owned subsidiary TAL Manufacturing Solutions formed a strategic partnership with Italy's RTA Motion Control Systems to source motors and drives for its BRABO robot. The deal could also help the Indian company's efforts to make inroads into the European market.

Vedanta and Cairn India Ltd:
Anil Agrawal led Group Company Vedanta Ltd., on Tuesday said that its merger with subsidiary energy firm Cairn India has become effective.

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