The Indian market is expected to open lower on Monday tracking muted trend seen in other Asian markets
Here is a list of top twelve stocks that are likely to be in focus today:
Bharti Airtel: Telecom major Bharti AirtelBSE -0.79 % and Malaysian firm Axiata have deferred the agreement for merger of their Bangladesh operations till September 26, 2016.
Europe-focused stocks: Brexit tremors will be felt in this week as well so stocks like Tata Motors, Tata Steel, Bharat ForgeBSE -0.95 %, Kitex GarmentsBSE 3.42 %, KPR Mill, WockhardtBSE 0.26 % and Torrent Pharma will be in focus which have considerable exposure to European markets.
Tata Teleservices: Tata Teleservices (Maharashtra) will raise up to Rs 3,000 crore from its promoter Tata Teleservices through allotment of preferential equities.
Adani Enterprises: The flagship company of the Adani Group, said that it has raised 150 crore through issuance of non-convertible debentures on private placement basis.
Vedanta: Sesa Iron Ore, a subsidiary of Vedanta Resources Inc, expects to make all its mines operational in Goa post monsoon.
Asian Paints: Asian PaintsBSE -0.04 % Ltd is investing around Rs 4,000 crore on setting up two manufacturing plants in Karnataka and Andhra Pradesh, although it has cautioned that demand conditions in the current fiscal “still remain uncertain” on account of the global economic situation.
Reliance Power: After pulling out of Tilaiya UMPP on a host of issues, Reliance PowerBSE 0.51 % is looking to secure a total of Rs 714 crore as bank guarantees and compensation from 18 procurers of the electricity project.
Coal India: The board of directors of Coal IndiaBSE -0.45 % is not too happy with the share price valuation norm adopted by its subsidiary Central Coalfields Limited and has asked for clarifications about the evaluation method used.
Dr Lal PathLabs: Diagnostic services provider Dr Lal PathLabs is looking at around 18 per cent revenue growth this fiscal year as it undertakes initiatives to expand number of tests offered and its network across India.
Bajaj Finserv Ltd: Bajaj FinservBSE 2.60 % is likely to buy out its German partner Allianz SE’s stakes in two insurance units-Bajaj Allianz Life Insurance Ltd and Bajaj Allianz General Insurance -in a deal estimated at as much as Rs.10,000 crore,