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Top Five Stocks to be Focus on 17 March 2016

Top Five Stocks to be Focus on 17 March 2016

The Indian market is expected to open higher on Thursday tracking positive trend seen in other Asian markets. Here is a list of top Five stocks that are likely to be in focus today: Procter & Gamble Hygiene & Healthcare Ltd: FMCG firm Procter and Gamble (P&G) said it will resume manufacturing and sale of its popular brand ‘Vicks Action 500 Extra’ after the Delhi High Court stayed government’s order banning fixed dose combination drugs. MphasiS Ltd: Blackstone has emerged the strongest contender to acquire IT services firm MphasisBSE 3.37 % from Hewlett Packard Enterprise in a deal that could be worth over $1 billion, said three people aware of the matter. Alok Industries Ltd: A Bombay High Court order on Wednesday forestalled implementation of textile maker Alok Industries’ resolution for its lenders to convert loans into controlling equity until a winding-up petition by HSBC is worked out. InterGlobe Aviation Ltd: The national carrier of Qatar on Wednesday restated its long-standing desire to buy a stake in India’s largest and most profitable airline, which has rebuffed the offer right from the beginning . IDBI Bank: A section of officers and employees of IDBI BankBSE 0.76 % on Wednesday called for a one-day strike onMarch 28 to protest against the government’s proposed stake sale in the state-run...
Five Stocks to be Focus in Tuesday morning trade

Five Stocks to be Focus in Tuesday morning trade

The Indian market is likely to open higher on Tuesday tracking positive trend seen in other Asian markets. Here is a list of Five stocks that are likely to be in focus today: DLF Ltd: The luxury retail arm of real estate major DLF plans to launch a new luxury property, The Chanakya, and bring in brands such as Longchamp, Hunkemoller, G Star Raw, Juicy Couture, La Perla and Chanel Beauty to its Emporio and Promenade malls this year, a top official said. ICICI Bank Ltd: Private sector ICICI BankBSE -0.61 % said it plans to raise up to Rs 50,000 crore from bonds in tranches to fund affordable housing and infrastructure project .. M&M Ltd: Homegrown utility vehicle major Mahindra & Mahindra plans to invest Rs 8,000 crore on its automotive plants in Maharashtra over the next seven years as part of its expansion plans.Mahindra & Mahindra plans to invest Rs 8,000 crore on its automotive plants in Maharashtra over the next seven years as part of its expansion plans. Hero MotoCorp Ltd: MotoCorp Ltd: The two-wheeler maker said that it aspires for leadership position in the scooter segment. The marketshare has grown to 20 per cent from 13 per cent in the 4.5 lakh scooters per month market. Allcargo Logistics Ltd: The company reported a 14.30 per cent decline in net profit at Rs 61.51 crore for the quarter ended December 2015 due to decline in income. Jain Irrigation Systems Ltd: The company reported consolidated net profit of Rs 9.21 crore for the quarter ended on December 31, against a loss of Rs 39.68 crore in the...
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