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Top Stocks to be Focused for 7 Dec 2016

Top Stocks to be Focused for 7 Dec 2016

Rate-sensitive stocks: Rate-sensitive stocks such as banking, auto and real estate will remain in focus ahead of RBI fifth bi-monthly monetary policy review later in the day.

VST Tillers: The company on Tuesday reported tractor sales of 684 units in November. It also sold 1,495 units of power tillers last month.

Bharti Airtel: Telecom operator Bharti Airtel announced top level changes for its African operations by promoting Chief Operating Officer Raghunath Mandava as Managing Director and CEO of Airtel Africa.

Surya Roshni: For the quarter ended September 30, 2016, the company reported a net profit of Rs 13.10 crore, up 1.47 per cent, against Rs 12.91 crore in the corresponding quarter last year.

Lupin: The pharma company has received approval from the US health regulator to market generic Desoximetasone ointment, used to treat inflammation and itching, in the American market.

Future Consumer, LT Foods: Kishore Biyani-led Future Consumer has entered into a pact with LT Foods and Genoa Rice Mills for sourcing, marketing and distribution of rice.

NBCC: State-owned construction firm NBCC said it has secured business worth Rs 24,694 crore during last month.

State Bank of India: The bank has signed an MoU with VST Tillers TractorsBSE 2.27 % Limited for financing of farm mechanisation products.

Earnings Today: Ansal PropertiesBSE 1.92 %, GMR InfrastructureBSE 1.08 %, PNC Infratech and Prestige Estates ProjectsBSE 3.09 % will announce their financial results for the quarter ended September 30, 2016 on Wednesday.

Tata Steel: Tata Steel is planning to keep its Port Talbot plant in South Wales, the UK’s biggest steelworks, fully operational, a media report said on Tuesday .

Coal India: Coal India, which is already more than 40 million tonnes short of its sales goal in the first eight months of this financial year, is likely to miss the year’s target by a large margin unless power demand picks up drastically, analysts indicated.

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