SEBI Registration NO.---- INA000001530 Investment in stock and commodity market are subject to market risk. Please do not trade on those tips which are not provided through SMS or messenger.
Top Stocks to be Focused for 12 July 2017

Top Stocks to be Focused for 12 July 2017

Tata Steel: Tata Steel UK has signed a definitive sale agreement to sell two of its pipe mills in Hartlepool to Liberty House Group. The sale agreement covers the 42-inch and 84-inch pipe mills, also known as the Submerged Arc Weld (SAW) mills. These mills manufacture steel used in oil and gas pipelines and employ around 140 employees. Incidentally, the two mills use steel plates sourced from outside Tata Steel, and are thus independent of the company’s strip products supply chain. IndusIndBSE 0.69 % Bank: Brokerage CLSA has raised its target for the stock to Rs 1,870 from from Rs 1,680. The brokerage expects the lender to see 25 per cent CAGR over FY17-20. It has raises the bank’s earnings estimates by 1-2 per cent and said that the strengthening of CASA franchise aids derisking of loans. ICICI Bank: As per a media report, ICICI Bank and Prem Watsa’s Fairfax Financial Holdings may together dilute a stake of at least 20 per cent in the initial public offering (IPO) of ICICI Lombard General Insurance Co. ICICI Lombard’s IPO will be the first public offering by a general insurance company. Adani Power: The commerce ministry has deferred a decision on allowing Adani Power to transfer its Mundra power plant to a subsidiary and sought a no-objection certificate from the project’s lenders to consider the proposal. The board of approval (BoA) on special economic zones postponed the decision after noticing that the proposed transfer of the thermal power plant was being done without the transfer of the liability of debt,a commerce ministry official said. Liquor stocks: Liquor stocks will be in...
Top Stocks to be Focused for 11 July 2017

Top Stocks to be Focused for 11 July 2017

SBI: State Bank of IndiaBSE 0.70 % (SBIBSE 0.70 %) on Monday said its central board approved dilution of its stake in its life insurance arm through an initial public offer for which it has already secured the sectoral regulatory approval. SpiceJet: SpiceJet’s former promoter, Kalanithi Maran of Sun Group, has sought over Rs 2,000 crore compensation from current promoter Ajay Singh and the airline for allegedly causing losses by failing to honour contractual obligations. Lupin: Global financial firm CLSA has maintained ‘Outperform’ on LupinBSE 0.30 % with a target price of Rs 1,310. Maruti Suzuki: At a time when carmakers are re-evaluating plans to introduce hybrid vehicles in the Indian market after high levies under the GST regime, the country’s largest carmaker Maruti Suzuki IndiaBSE -0.45 % said it will put its might behind hybridisation and go ahead with planned launches as these vehicles are environment-friendly and good for the consumer and the country . IOC: Indian Oil Corporation Limited (IOCBSE -0.08 %) and LanzaTech, carbon recycling company, have signed a Statement of Intent to construct the world’s first refinery off gas-to-bioethanol production facility in India. Bharti Airtel: Bharti AirtelBSE -1.02 % announced the launch of Project Next – its digital innovation program aimed at transforming customer experience across all of its services and touch points. Airtel said it plans to invest up to Rs 2000 crore over the next 3 years under Project Next to launch several exciting digital innovations to step change the simplicity and interactivity of the Airtel customer experience. Project Next complements Airtel’s massive investments towards building a future ready network under Project Leap....
Top Stocks to be Focused for 10 July 2017

Top Stocks to be Focused for 10 July 2017

IDFC: Infra lender IDFC which entered into banking late 2015 and the Piramal Group-backed financial services major Shriram Group on July 8 agreed to merge and create the largest retail-focused bank in the country. AU Small Finance Bank: Shares of AU Small Finance Bank is going to list on bourses on July 10. RCom: Reliance CommunicationsBSE 5.71 % (RCom) has presented a long-term debt reduction plan to lenders, which includes sale of real estate, under-sea cable assets and its DTH business, people familiar with the matter said to stagger down debt to reduce 60 per cent by September and 80 per cent by December. Tata Power: The stressed thermal plants of Tata PowerBSE 1.66 % and Essar Power in Gujarat that run on imported coal are fit for takeover and can be run without technical glitches, state-run power producer NTPCBSE 0.25 % has found in an assessment. GATI: Express distribution and supply chain company GATI, private equity firm Peepul Capital and TVS Logistics have expressed interest in acquiring Vulcan Express, the logistics arm of beleaguered online marketplace Snapdeal. Tata Motors: Tata Motors said that the sales of its British luxury unit Jaguar Land Rover (JLR) rose 11 per cent to 51,591 units in June 2017 over June 2016, driven by healthy China market. Jaguar sales grew by 16.4 per cent to 15,343 units in June 2017 over June 2016. Land Rover sales rose 8.9 per cent to 36,248 units in June 2017 over June 2016. Sun Pharma: Sun Pharmaceutical IndustriesBSE 1.87 % said that the company and one of its wholly-owned subsidiaries have entered into settlements with certain plaintiffs...
Top Stocks to be Focused for 06 July 2017

Top Stocks to be Focused for 06 July 2017

Piramal Enterprises: Healthcare major Piramal Enterprises on Wednesday announced that its subsidiary Piramal Finance Ltd (PFL) has sanctioned an additional Rs 700 crore to renewable energy firm ACME Solar Holdings. HDFC: HDFC Property Fund is in advanced talks with prospective buyers to sell its stake in The Windflower Resorts and Spa for about Rs 100 crore, nearly three times its investment of Rs 30-35 crore, people aware of the development said. HDFC Property Fund, the private equity arm of HDFC LtdBSE 0.63 % set up in 2005, had acquired about 20 per cent stake in Windflower Resorts and Spa, said one of the persons, who did not wish to be identified. BHEL: Global financial services firm Citi has maintained ‘Sell’ on BHELBSE 2.05 % with a target price of Rs 133 per share. JSW Steel: HSBC has maintained ‘Buy’ on JSW SteelBSE -0.26 % with a target price of Rs 220 per share. Punjab National BSE 3.87 % Bank: Nomura upgraded Punjab National BankBSE 3.87 % (PNBBSE 3.87 %) to ‘Buy’ with a target price of Rs 180 per share. Hero Moto Corp: India’s largest two-wheeler maker Hero MotoCorp has begun developing Bharat Stage (BS) VI compliant models as it aims to introduce such products much before the official timeline of 2020. Bharti Airtel: The telecom major may revive a plan to sell a controlling stake in tower arm Bharti Infratel in an effort to pare over $14 billion of debt and release funds for network expansion, people familiar with the matter said. Vedanta: According to media reports, the government has asked Vedanta to make a buyback offer for...
Top Stocks to be Focused for 05 July 2017

Top Stocks to be Focused for 05 July 2017

ICICI Prudential Life Insurance: ICICI Prudential Life Insurance Co, India’s only listed life insurance company, has confirmed its interest in buying the beleaguered Sahara Life insurance. ICICI Bank: Private sector lender ICICI Bank on Tuesday said the joint venture agreement between it and Fairfax Financial Holdings Ltd has been terminated ahead of the IPO of ICICI Lombard General Insurance Company — a JV between the two entities. Sun Pharma: The pharma major, India’s largest drug maker, signed a long-term agreement with South Korea’s Samsung BioLogics for the manufacture of an experimental medicine to treat psoriasis. Bajaj Finance: Global brokerage house Credit Suisse maintained ‘Underperform’ rating on Bajaj FinanceBSE 0.46 % with a target price of Rs 970 per share. Mahindra & Mahindra: Mahindra & Mahindra on Tuesday announced reduction in prices of its utility vehicles and SUVs by up to 6.9 per cent on an average to pass on the GST benefit to customers. YES Bank: YES Bank, India’s fourth-largest private sector bank, on Tuesday signed an MoU in London with Santander to promote India-UK trade and business opportunities. Axis Bank: The lender is seeking members’ nod for raising funds worth upto Rs 35,000 crore. Reliance Industries: Reliance Jio is likely to launch its much-awaited 4G VoLTE feature phone within this month, with brokerage HSBC putting the price at as low as Rs 500, a move which could bring in another wave of disruption in the telecom...
2
 
error: Content is protected !!