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Top Stocks to be Focused for 18 Jan 2017

Top Stocks to be Focused for 18 Jan 2017

NBCC: The AIIMS on Tuesday joined hands with the NBCCBSE 0.34 % Limited for developing a housing complex for the staff at its western campus amid protests by Resident doctors who are opposing the government’s policy of selling 10 per cent institutional land for commercial use.

Hinduja Ventures BSE 1.99 % Ltd: The company disinvested 61.10 million shares of Hinduja Energy (India) shares held by Hinduja Ventures.

Kirloskar Ferrous BSE 0.98 % Industries: The company on Tuesday informed bourses that the upgrade of Mini Blast Furnace has been completed and the commercial production has commenced from January 17.

Delta Corp: The company on Wednesday before market hours reported a net profit of Rs 1.76 crore, down 78 per cent, against Rs 8.03 crore in the corresponding quarter last year.

Cadila BSE 1.04 % Healthcare: The company and its subsidiary ZydusBSE -0.17 % Pharma (USA) Inc on Tuesday announced that they have finalised an agreement with Kowa Company Ltd, Kowa Pharmaceuticals America Ind and Nissan Chemical Industries to settle all outstanding patent litigation related to Livalo tablets.

Indiabulls Real Estate: The company informed bourses that it has acquired FIM’s entire stake of approx 74 per cent in IIPL for a total consideration of around Rs 382 crore and with this IIPL has become 100 per cent owned by Indiabulls Real EstateBSE 1.45 %.

YES Bank: The bank on Tuesday said it has launched ‘Yes Fintech’, a business accelerator program in collaboration with T-Hub – a startup incubator set up by the Telangana government and Anthill – a speed scaling platform for early growth stage start-ups.

Mercator BSE -1.02 % Ltd: The company has approved issue price of Rs 40.75 per share for QIP issue. Mercator approved issue of confirmation allocation note for the allocation of 25 million shares via QIP.

Goa Carbon: The company informed bourses regarding resumption of operations at Paradeep unit. There would not be any financial impact due to temporary shutdown of Paradeep unit on account of sufficient inventory of finished material.

Sadbhav Engineering: The company along with Sadbhav Infrastructure Project has entered into a share purchase cum shareholders’ cum subordinate debt agreement with, D Thakkar Construction Pvt Ltd and DTC Toll Projects Pvt Ltd where it has been agreed to transfer 9 per cent of shareholdings of Maharashtra Border Check Post Network to DTC as against 21.805 per cent agreed earlier.

Earnings Today: Hatsun AgroBSE -0.31 % Product, Hindustan Oil ExplorationBSE 0.89 %, RSS Software, Sasken CommunicationBSE 1.61 % and Trident will announce their financial results for the quarter ended December 31, 2016 on Wednesday.

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