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Ten Stocks to be Focus on 16 March 2016

Ten Stocks to be Focus on 16 March 2016

The Indian market is expected to open higher on Wednesday tracking mixed trend seen in other Asian markets.

Here is a list of top Ten stocks that are likely to be in focus today:

Real estate stocks: The Real Estate Bill has been passed by both the Houses of Parliament. The Bill will now be sent for the President’s approval, after which it will become law.

SpiceJet Ltd: The Delhi High Court passed an interim order paving the way for issuance of stock warrants in SpicejetBSE -0.91 % to Kalanithi Maran and his Kal Airways Pvt Ltd (KAL) saying there was no impediment before BSE in considering their joint representation seeking approval of the warrant issue.

DLF: Markets regulator Sebi today allowed foreign portfolio investors to invest in newly launched products — REITs, InvITs and AIFs — and also permitted them to acquire corporate bonds under default.

Adani Enterprises Ltd: Parliament in the Australian state of Queensland agreed on Tuesday that Adani Enterprises LtdBSE 1.36 % should be granted “all state government approvals” to build one of the world’s biggest coal mines, state mining minister .

Wipro Ltd & Schneider Electric: WiproBSE -0.31 % announced a strategic partnership with Schneider Electric, a global specialist in energy management and automated systems, to develop convergent solutions for India’s Smart Cities.

TVS Motor Company Ltd: The two-wheeler expects its domestic sales of two-wheelers to grow by 10 per cent in the coming fiscal. The company is set to log domestic two-wheeler sales of 1.85 lakh units per month by the end of 2015-16, a growth of about 8 per cent, its Vice-President, Sales & Service,

Uttam Galva Steels Ltd: Lenders to Uttam GalvaBSE -0.70 % Steels Ltd have asked the company’s promoters to consider bringing in a new investor to inject fresh equity into the company within a month, said a media report.

RattanIndia Power Ltd: Solar energy company RattanIndia Solar, part of the RattanIndia Group, on Tuesday said it has won a 50 megawatt (MW) solar project in a reverse e-auction at a tariff of Rs.4.43 per kilo-watt hour (kWh),

Sterling Holidays Ltd: Sterling Holidays Resorts today informed exchange that the company has acquired Nature Trails Resorts Pvt Ltd, an adventure holiday company that operates resorts at five destinations in Maharashtra, said a media report.

Indiabulls Real Estate Ltd: IBREL plans to raise Rs 100 crore through private placement of non-convertible debentures (NCDs).

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