Wednesday, 9 August 2017

Sensex : Top Stocks To Watch In Indian Share Market

Today's top stocks in indian share market, market is in negative note, subscribe for nifty, sensex tips by expert's stock tips.

Aurobindo Pharma Ltd:

Aurobindo Pharma Ltd., a local drug maker, will be in focus after Aurobindo and Intas Pharma are in race to buy Mallinckrodt's US generics business. The deal will be valued at $2 billion. 

Allcargo Logistics Ltd:

Allcargo Logistics Ltd., India's largest integrated logistics solutions provider, will be in focus after it is planning for acquisitions in the technology and contract logistics space, seeking to grow its business in India where opportunities will likely grow at a faster clip under GST.

Idea Cellular Ltd:

Idea Cellular Ltd., India's third largest telecom service provider, will be in focus after it approached the National Company Law Tribunal (NCLT) in Ahmedabad, seeking its approval for it's merger with Vodafone India and Vodafone Mobile Services.

Future Retail Ltd:

Future Retail Ltd., the operator of Big Bazaar supermarket chain, will be in focus after its net profit soared 110% to Rs 1.48 billion in the quarter to June on higher sales. Sales rose 18% on year to Rs 47.07 billion.

Jindal Steel and Power Ltd:

Jindal Steel and Power Ltd., Indian steel maker & energy provider, will be in focus after it reported narrowing of its consolidated loss to Rs 4.2 billion for the quarter ended on Jun 30, 2017. The company reported a consolidated loss of Rs 12.38 billion for the corresponding quarter of previous fiscal.

Jubilant FoodWorks Ltd:

Jubilant FoodWorks Ltd., the holder of the master franchise for Domino's Pizza India, will be in focus after its chief executive Pratik Pota said the company will not shy away from closing Domino's Pizza outlets if it helps in reducing cost.

Muthoot Finance Ltd:

Muthoot Finance Ltd., India's largest gold financer, will be in focus after it registered an increase in net profit of 30% at Rs 3.51 billion for first quarter 2017-18 as against Rs 2.7 billion in the previous year. Loan assets increased by 8% to Rs 278.52 billion. The total income also rose by 8% to Rs 13.99 billion.   

PVR Ltd:
PVR Ltd., the largest film entertainment group, will be in focus after it plans to sell 51% stake in PVR bluo entertainment for Rs 860 million. PVR bluo is a joint venture between PVR and Major cineplex group of Thailand.

SRF Ltd:

SRF Ltd., a leading fluorochemicals, specialty chemicals maker, will be in focus after it board approves setting-up of a facility to produce specialty chemicals (P-33) for agro industry at Chemical Complex in Dahej, Gujarat at an estimated cost of Rs 850 million.

Sintex Industries Ltd:

Sintex Industries Ltd., world largest plastic water tank maker, will be in focus after it allotment 87,82,069 equity shares to foreign currency convertible bonds holder upon exercise of their conversion Right

Tata Chemicals Ltd:
Tata Chemicals Ltd., world's second largest producer of soda ash, will be in focus after it reported 53% decline in consolidated profit at Rs 2.98 billion for the first quarter ended Jun 30, 2017. Its profit stood at Rs 6.40 billion in the year-ago period.

Tata Teleservices (Maharashtra) Ltd:

Tata Teleservices (Maharashtra) Ltd., the Tata group led telecom service provider, will be in focus after the lenders might recall loans of Rs 19.11 billion as the telecom firm has not been able to satisfy them with its financial performance.

Tata Motors, Eicher Motors, Aurobindo Pharma, Nalco, NMDC, MMTC, PTC India Financial, Thomas Cook, NHPC, Parag Milk and Magarjuna Fertilizers among others to report quarterly results today.

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