Here is a list of top Ten stocks that are likely to be in focus today:
Siemens: German capital goods major Siemens will get a stronghold in the Indian wind energy, where it had a late entry, after signing an agreement with Spain’s Gamesa to combine their wind energy business to create the world’s biggest builder of windfarms.
Maruti Suzuki & Subros: Auto component maker Subros LtdBSE 2.59 %, which had to halt production at its Manesar plant after a fire broke out last month, today said it has resumed full supplies to Maruti Suzuki IndiaBSE 0.12 % (MSI) from the company’s other facilities in Noida, Pune and Chennai.
HDFC Bank: Private sector lender HDFC BankBSE -0.07 % will seek shareholders’ nod to raise Rs 50,000 crore for affordable housing and infrastructure development.
Rolta India: Rolta India Ltd bondholders are forming a group to negotiate a debt restructuring after the software services provider failed to make interest payments, according to a document seen by Reuters on Friday.
Eros International: Eros International Media Ltd (Eros International), a leading global company in the Indian film entertainment industry has announced today a television syndication deal for their new and catalogue films with Zee Network, one of India’s leading television media and entertainment companies.
Banking stocks will be in focus after the Reserve Bank of India (RBI) governor Raghuram Rajan said that he will return to his teaching job at the University of Chicago after his term with the central bank ends in September.
Tata Chemicals: Tata Chemicals said it has decided to suspend production of soil nutrient DAP at its Haldia plant in West Bengal and will supply the fertiliser to customers from its inventory and imports.
NTPC: NTPC is planning to sell rupee-denominated offshore green bonds to raise up to $250 million by the end of July as part of efforts by India’s biggest power producer to enter renewable energy business.
NDTV: The Income Tax Department has issued a show-cause notice to New Delhi TelevisionBSE -1.61 % (NDTV) seeking penalty on a Rs 450-crore tax dispute over a $150-million investment by two foreign entities in its overseas subsidiary in 2008-09, said a media report.
Gammon India: The company reported a net profit of Rs 53.38 crore for the quarter ended March 31, compared to a net loss of Rs 73.53 crore reported in the corresponding quarter of last fiscal.