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Top Ten Stocks to be Focused for 14 July 2016

Top Ten Stocks to be Focused for 14 July 2016

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

TCS: Tata Consultancy Services, India’s largest IT outsourcing firm, is expected to report 4.3 per cent quarter-on-quarter (QoQ) drop in net profit at Rs 6,065 crore for the quarter ended June 30 compared with Rs 6,342 crore reported for the year-ago period.

Max India Ltd: The new Max India LtdBSE 2.82 % will be listed on the stock exchanges on Thursday, becoming the third company of the group to be traded on the bourses following the demerger.

Essar Oil: Energy major Essar OilBSE -0.15 % is expecting some incentives for exploration of gas keeping in view challenges and difficulties like deep and ultra Deepwater gas production.

Axis Bank: India’s third largest private sector bank and Vistara, India’s fastest growing full service carrier have launched the contactless Axis BankBSE 0.47 % Vistara Credit Card on the VISA network platform.

Hinduja Ventures: Hinduja Ventures Ltd has announced that it has acquired 43 lakh equity shares and 7.04 Crore Preference shares of Unit IMCL.

Gems & jewellery stocks in focus: In a relief to In a relief to jewellers, the government increased Small Scale Industry (SSI) exemption limit to Rs. 10 crore from Rs. 6 crore, waived off the levy on sale of traded goods and relaxed various procedural norms.

L&T: L&T Infotech’s Rs 1,243-crore IPO got oversubscribed 11.67 times, eliciting strong response with the number of applications crossing 1 million on the final day.

SRS Ltd: SRS Ltd has announced that the Board of Directors of the Company at its meeting held on July 13, 2016, decided to withdraw the decision of Sub-Division of Equity Shares of Rs. 10 each into Equity Shares of Re. 1 each.

Crompton Greaves: Crompton GreavesBSE 0.56 % said that it has halted operations at its manufacturing unit at Mandideep in Madhya Pradesh after it was hit by heavy rains.

HCC: Ajit Gulabchand led HCC, which currently is in corporate debt restructuring, has got bankers’ approval for restructuring it further under the recent RBI guidelines on ‘scheme for sustainable structuring of stressed assets (S4A) which will potentially provide the the company relief on cash flows

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