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Top Ten Stocks to be Focused for 31 March 2016

Top Ten Stocks to be Focused for 31 March 2016

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

Here is a list of Top Ten stocks that are likely to be in focus today:

Brigade Enterprises Ltd: Bengaluru-based Brigade Group, which holds licences to build World Trade Centers in five southern cities, will build its third WTC after Bengaluru and Kochi in Chennai.

Gammon India Ltd: The company said that its board will consider a proposal received from an investor this week for investment in the company’s engineering procurement and construction business, said a media report.

Ashok Leyland Ltd: Defence and security company Saab and Hinduja group flagship Ashok LeylandBSE 0.28 % (ALL) have joined hands to manufacture truck simulators in India under the ‘Make in India’ concept, said a media report.

Jain Irrigations Ltd: Jain Irrigation SystemsBSE 2.64 % Ltd’s (JISL) food processing arm has raised Rs 402 crore from Mandala Capital for growth of the company.

Vijaya Bank: State-run Vijaya BankBSE 0.64 % on Wednesday said the government has approved a capital infusion of Rs.220 crore in lieu of preferential allotment of shares.

Hindustan Zinc Ltd: Hindustan Zinc’s board of directors have declared a special golden jubilee dividend of 1200%– the highest by any private company in India.

Natco Pharma Ltd: Drug firm Natco PharmaBSE 5.19 % said on Wednesday its board has approved to sell its ‘Save Mart Pharmacy Stores’ in the US.

IIFL Holdings Ltd: IIFL Holdings said its subsidiary IIFL Wealth Management has approved conversion of 1.3 crore warrants issued to General Atlantic Singapore into equities.

Kansai Nerolac Ltd: Industrial paints maker Kansai NerolacBSE 3.08 % said it has completed sale of its land in Chennai to realty firm Brigade Properties for over Rs 535 crore.

ABG Shipyard Ltd: BSE revised the circuit limits for share movement of ABG ShipyardBSE 1.30 % and 18 other companies, as part of its surveillance action.

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