STOCKS TO WATCH- Friday - JUL 21. Below stocks are recommended by top analyst, invest wisely on these NSE top stocks and recover your loss with profitable stock tips.
Road, logistics stocks:
Om Logistics, APT logistics, and other logistics stocks, will be in focus after the government has approved a plan to build 34 mega multi-modal logistics parks at an investment of Rs 200,000. The projects, for which land is already available with state governments, will be taken up through public-private-partnerships.
Balaji Telefilms Ltd:
Balaji Telefilms Ltd., India's leading TV content production house, will be in focus after Reliance Industries has picked up a 25% stake in the company. Reliance Industries and Balaji Telefilms announced on Thursday that the former will pick up 252 million preferential shares of Balaji Telefilms at Rs 164 apiece, making a total investment of Rs 4.13 billion.
Bajaj Auto Ltd:
Bajaj Auto Ltd., a two wheeler maker, will be in focus after it plans to partner Europe's iconic motorcycle brand Ducati, encouraged by its existing partnership with KTM, Europe's largest motorcycle maker.
Britannia Industries Ltd:
Britannia Industries Ltd., the maker of Tiger and Good Day biscuits, will be in focus after it has gone to court against its distributors in Kerala, accusing them of resorting to unfair trade practices to extract higher margins in the first such instance post the GST rollout. Kerala is among the top 10 markets for Britannia, especially in categories such as cookies and creams.
GE Power India Ltd, Siemens India:
GE Power India Ltd., a provider of construction services, Siemens India, generates electric power, will be in focus after a three consortia led by multinational transportation giants Alstom, Siemens and Stadler Bussnang AG are in the race to set up an electric rail coach factory in West Bengal. The proposed rail coach factory that would produce coaches with aircraft-type interiors is expected to come up on railway land in Kanchrapara near Kolkata on a public-private partnership basis and will involve a total investment of Rs 20 billion.
InterGlobe Aviation Ltd:
InterGlobe Aviation Ltd., India's largest airline carrier, will be in focus, after it plans to dilute promoter stake to comply with regulatory norms.
JP Associates Ltd., Jubilant Life Sciences Ltd:
JP Associates Ltd., Jubilant Life Sciences Ltd., a local organic chemical maker, will be in focus after top investor Rakesh Jhunjhunwala picked up 25 million shares, or 1% stake, in Jaiprakash Associates in the June quarter. It is not known whether Jhunjhunwala owned any stake prior to the quarter as individual shareholders' holding details show up on exchanges only if the total stake held is above 1%.
Reliance Industries Ltd:
Reliance Industries Ltd., the Mukesh Ambani led refiner, will be in focus after its consolidated net profit rose 28% to Rs 91.08 billion for the June quarter, boosted by robust performance by its core businesses - refining margins soared to a nine-year high of $11.9 per barrel, while profitability of the petrochemicals business rose to a record.
Wipro Ltd., India's third largest software service provider, will be in focus after a higher than expected growth in revenue for the first quarter of this fiscal year and announced it would buy back equity shares up to Rs 110 billion. This comes at a time when the technology outsourcing industry is grappling with slowing growth and rising demand from investors for higher returns.
Zee Media Corporation Ltd:
Zee Media Corporation Ltd., a broadcasting service provider, will be in focus after it is in advanced discussions to acquire Business Broadcast News, an Anil Ambani owned company that operates English business news channel BTVi.
Ashok Leyland Ltd., Dewan Housing Finance Corpor Ltd., Can Fin Home Ltd, Indian Bank, Mangalore Refinery Petrochemicals Ltd., Tata Sponge Iron Ltd., among other to announce Apr-Jun quarter earnings release today.
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