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Top Ten Stocks to be Focus on 15 March 2016

Top Ten Stocks to be Focus on 15 March 2016

The Indian market is expected to open flat on Tuesday tracking muted trend seen in other Asian markets.

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

Wipro Ltd: Country’s third largest software services firm WiproBSE -1.71 % said it has bagged a multi-year engagement with NRGi, one of the top 5 utility providers in Denmark.

Crompton Greaves Ltd: US-based WGI Emerging Markets Smaller Companies Fund on Monday acquired 1.37 per cent stake in engineering conglomerate Crompton GreavesBSE -71.74 % for Rs 128 crore through an open market transaction.

Piramal Enterprises Ltd: The company said that its directors will meet later this week to consider and approve raising of up to Rs 100 crore via issue of securities.

Richa Industries Ltd: Infrastructure company Richa IndustriesBSE 0.33 % has won a Rs 24 crore oder from Bharat ElectronicsBSE -0.33 % Limited (BEL) for construction of pre-engineered building (PEB) in Navi Mumbai.

United Breweries Ltd: Dutch beer giant Heineken has appointed investment bank JM FinancialBSE -1.25 % to help increase its stake and control in United Breweries in yet another sign that beleaguered liquor baron Vijay Mallya’s hold over the last big company of his once flourishing business empire is under threat.

M&M Ltd: Mahindra & Mahindra Ltd, India’s top utility vehicle maker, plans to invest 100 billion rupees ($1.49 billion) over three fiscal years ending March 2018, the company said in an analyst presentation.

Gujarat State Fertilizers and Chemicals Ltd: India’s Gujarat State Fertilizers and Chemicals Ltd has agreed to finance the first phase of Karnalyte Resources Inc’s Canadian potash mine for $700 million, Karnalyte said on Monday. The companies also agreed to spin out Karnalyte’s secondary mineral assets and unexplored lands, Karnalyte said.

Bharat Heavy Electricals: BHELBSE 0.00 % has successfully completed renovating a 110 MW thermal power unit of Barauni Thermal Power Station (TPS) in Bihar, increasing its life by another 15-20 years.

Coal India Ltd: State-owned CILBSE 0.32 % said it has crossed half-a-billion tonnes of coal production for the first time in a fiscal. Coal IndiaBSE 0.32 % is eyeing to double its production to one billion tonnes by 2020.

SPARC: Drug discovery firm Sun Pharma Advanced Research Company (SPARC)said its Rs 250 crore rights issue will open on March 28.

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