Today's top stocks are in focus today in stock market. Fill form and get profitable stock trading calls and earn money.
Allahabad Bank, the state-run lender, will be in focus after it cut MCLR rates for various tenors in the range of 0.10-0.15% with effect from Monday.
Bharat Wire Ropes Ltd:
Bharat Wire Ropes Ltd., the wire rope maker, will be in focus after Mentor Capital bought 677,185 shares at Rs 86.02 apiece on Monday.
Cosmo Films Ltd:
Cosmo Films, the maker of Biaxially Oriented Polypropylene (BOPP) Films, will be in focus after it revealed its plan to expand its range of Direct Thermal Printable Products. The company just launched a BOPP based top coated direct thermal printable film which is water and solvent resistant.
Jeevan Scientific Technology Ltd:
Jeevan Scientific Technology Ltd., the global management consulting, technology services and outsourcing service provider, will be in focus after it announced that the USFDA conducted an un-announced audit of its corporate and clinical pharmacology centre facilities to review the BA/BE studies. The auditor started the review on June 5, 2017 and completed on June 8, 2017. No 483 observations were issued.
Reliance Capital Ltd:
Reliance Capital Ltd., the Anil Ambani led financial service provider, will be in focus after Board approved proposal to Reliance General Insurance (RGI) on the stock exchanges. The listing is expected to unlock substantial value for all stakeholders.
Reliance Communications Ltd:
Reliance Communications Ltd., the seventh largest telecom services provider, will be in focus on talks of planning to sell its undersea cable unit. According to Bloomberg, RCom approached Citic Telecom International Holdings as it makes a fresh attempt to attract a buyer for its undersea cable unit.
Sagar Cements Ltd:
Sagar Cements Ltd., the Hyderabad-based cement maker, will be in focus as it is expecting around 18% jump in its production to 2.6 million tones in FY 2017-18. The company is also targeting an overall market growth of 10% on consolidated basis from its captive market spread between South Maharashtra and Odisha.
Sical Logistics Ltd:
Sical Logistics, a local logistic service provider will be in focus after Patchems Pvt Ltd, a local warehousing, logistic and other support service provider, planning an acquisition of Sical's integrated supply chain solutions including warehousing/logistics business. The gross turnover of Patchems private for the year FY 2016-17 is Rs 221.5 million.
State Bank of India:
State Bank of India (SBI), the largest state-run lender, will be in focus after it said its paid up capital has increased to Rs 8.63 billion following the Rs 150 billion share sale through qualified institutional placement (QIP) route.
Sun Pharmaceutical Industries Ltd:
Sun Pharmaceutical Industries Ltd., the largest drug maker by sales, will be in focus after it received USFDA approval for generic Zetia tablets. Zetia has market size of $2.7 billion in US, according to reports.
Tata Consultancy Services Ltd:
Tata Consultancy Services, the largest exporter of software services, will be in focus after the company collaborates with Intel to Drive Digital Transformations. The collaboration will be to build a "future ready reference architecture" for the Internet of Things (IoT), Cloud, network, 5G, AI and data centre infrastructure management, helping to meet evolving digital transformation of global markets.
Wipro Ltd., the third largest exporter of software services, will be in focus after it said the date for issuing bonus or stock dividend to the holders of its American Depository Receipts is yet to be finalised amid the ADRs witnessing steep fluctuations in pre-market trading on the New York Stock Exchange. According to reports, the exchange has suspended trading in Wipro ADRs. As per trading data, the company's ADRs plunged over 47% to $10.45 in per-market trade on Monday.