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Top Stocks to be Focused for 11 Jan 2017

Top Stocks to be Focused for 11 Jan 2017

Tata Motors: The auto major on Tuesday reported a 4 per cent increase in global sales in December at 95,081 units, including that of Jaguar Land Rover (JLR) vehicles.

Glenmark BSE 0.37 % Pharma: The pharma company is expecting a revenue growth of 15-20 per cent CAGR over the next 5 years.

Earnings Today: South Indian BankBSE 0.72 % and Banco ProductsBSE 0.67 % (India) will announce their financial results for the quarter ended December 31, 2016 on Wednesday.

Bharat Electronics: The company on January 10 informed bourses that the board in its upcoming meeting on January 27 will consider sub-division of equity shares of the company of face value of Rs 10.

IndusInd BSE 4.07 % Bank: Global brokerage CLSA maintained ‘Buy’ on IndusInd BankBSE 4.07 % and upgraded the target price to Rs 1,450 from Rs 1400 earlier. Morgan Stanley is overweight on IndusInd Bank with a target price of Rs 1,500.

Shiva Cement: According to ETNow, JSW Cement has sealed the deal to buyout Odisha based Shiva Cements.

Pennar Aluminium: The company on Tuesday after market hours reported net loss of Rs 0.82 lakh for the quarter ended December 31, 2016 against net loss of Rs 12.16 lakh in the corresponding quarter last year.

Fortis Healthcare: According to media reports, TPG may buy stake in Fortis HealthcareBSE -0.90 % and the deal is likely to announce this or next week.

Indian Oil Corporation: CLSA sees higher chances of earnings surprise than peers and stabilisation of Paradip refinery remains a key trigger for the stock.

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