The Indian market is expected to open flat on Monday tracking muted trend seen in other Asian markets.
Here is a list of top Ten stocks that are likely to be in focus today:
HCL Technologies & Geometric: HCL TechnologiesBSE 0.39 % will acquire Mumbai-based engineering services company GeometricBSE 17.76 % for Rs 1,283 crore ($188 million) in a share-swap deal.
Godrej Consumer Products Ltd: GCPL announced on Friday evening that it has entered into an agreement to acquire Strength of Nature LLC (SON), a hair care products company for women of African descent, said a media report.
DLF Ltd: Kushal Pal Singh, promoter of India’s largest real estate group DLF, acquired a company in British Virgin Islands, a tax haven, in which his wife Indira KP Singh is a co-shareholder, according to documents of Mossack Fonseca (MF), the Panamanian law firm that helps set up offshore entities, said the report.
Tata Steel Ltd: Fitch Ratings on Friday downgraded Tata SteelBSE 1.23 % and its long-term foreign currency issuer default rating to ‘BB’ from ‘BB+/stable’. The downgrade was on Tata Steel and Tata Steel UK, the rating agency said in a late evening note.
ICICI Bank Ltd: The private sector bank on Friday said it has sold a 9 per cent stake in its general insurance venture ICICI Lombard and a 2 per cent stake in life insurance subsidiary ICICI Prudential for about Rs 2,200 crore.
ITC Ltd: Cigarette maker ITCBSE -1.82 % on Saturday said it has shut down its cigarette factories until “clarity emerges” on the rules on health warning”. A parliamentary committee, in its report tabled in the Lok Sabha on March .
Tata Motors Ltd: India’s largest automobile company by value, saw its passenger vehicle sales dip to 8,454 units in March, which is a huge fall of 44 percent from 15,039 units sold in March last year.
Hero MotoCorp Ltd: Indian two wheeler manufacturer Hero MotoCorpBSE 0.40 % sold 6,06,542 units in the month of March, registering a growth of 14 percent. During March 2015, the company sold 5,31,750 units.
Infosys Ltd: Infosys co-founder NS Raghavan along with wife Jamuna Raghavan today acquired shares worth Rs 94.56 crore of the company through an open market transaction.