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Top Stocks to be Focused for 11 April 2017

Top Stocks to be Focused for 11 April 2017

Spice Jet: SpiceJetBSE 1.55 % chief Ajay Singh has settled proceedings against him by regulator Sebi into alleged disclosure lapses in his purchase of shares in the airline.

Tata Motors: Tata MotorsBSE 0.32 % Group on Monday said its global wholesales, including Jaguar Land Rover, rose by nine per cent in March 2017. The company said the global wholesales (including Jaguar Land Rover) for the month under consideration stood at 129,951 units — up nine per cent — over March 2016.

IPCA Labs: Global financial services firm UBS has downgraded IPCA Labs shares to ‘Neutral’ from ‘Buy’ and set a target price at Rs 675.

ITC: Diversified ITC is expanding its juice portfolio with an aim to garner around 20 per cent market share in five years in the packaged fruit juice segment, currently estimated to be around Rs 2,500-crore.

Vedanta: Runaya Metsource, a company promoted by Vedanta Ltd Chairman Navin Agarwal’s son Naivedya Agarwal, has signed an agreement with Russian aluminium firm UC Rusal for a 50:50 joint venture in India.

Reliance Defence and Engineering: The company will announce its financial results for the quarter ended March 31, 2017 on Tuesday later in the day.

Unitech: A local court on Monday granted interim bail to real estate company UnitechBSE 4.09 %’s Managing Directors Sanjay Chandra and Ajay Chandra for three months.

Reliance Industries: Reliance Jio Infocomm has promised to come out with “exciting” tariff packs to attract new subscribers and to hold on to its 72 million-plus Prime members, signalling sustained price war in the mobile industry and further pressure on financials of incumbent carri ..

ArchiesBSE 8.35 % Ltd: Smallcaps czar Porinju Veliyath-led Equity Intelligence India bought 4,00,000 shares of Archies Ltd on April 10 at Rs 29.15 a share.

Suzlon: Wind turbine manufacturer Suzlon Group on Monday said it has bagged an order of 50.4 MW to supply 24 units of its S111 turbines of 120 meters from a power producer for its project in Karnataka.

Indiabulls Ventures: Indiabulls Ventures said it has allotted an aggregate of 3.36 crore fully paid up equity shares to promoter group entities of the company, upon exercise/conversion of equivalent number of warrants.

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