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Top Ten Stocks to be Focused for 1 Sept 2016

Top Ten Stocks to be Focused for 1 Sept 2016

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

Cement companies: Competition Commission today imposed more than Rs 6,700 crore penalty on 1o cement companies, including ACCBSE -1.62 %, Jaiprakash AssociatesBSE -3.69 % & UltraTechBSE -0.59 % Cements.

Reliance Industries: RIL will be in focus ahead of its AGM in which Chairman Mukesh Ambani is likely to disclose future plans for Reliance Jio Infocomm at the company’s annual general meeting (AGM) on Thursday.

Tata Power: The Javelin Joint Venture team, a partnership between Raytheon Company and Lockheed Martin, signed a letter of intent with Tata Power CompanyBSE 1.85 % operating through its strategic engineering division, to explore co-development and production of the Javelin anti-armour missile system.

MOIL: State-run is set to enhance production of manganese ore up to 2.5 million tonnes by 2020-21, a top company executive has said.

State-run oil companies: Petrol price was on Wednesday hiked by a steep Rs 3.38 per litre and diesel by Rs 2.67 a litre, reversing a two-month declining trend.

SpiceJet: The first set of regional flights may come from Air India and SpiceJet as the aviation ministry feels these two already have suitable aircraft in their fleet to be the launch airlines for its project to provide air connectivity to towns and small cities.

Hathway Cables: The company reported Rs 53.2 crore loss for the quarter ended June 30 compared with Rs 37.30 crore reported in the year-ago period.

MCX: Commodity exchange MCX on Wednesday reported a 55 per cent increase in net profit at Rs. 32.81 crore for the quarter ended June 30. The company had reported a net profit of Rs. 21.22 crore for the corresponding period a year ago.

Indo Rama Synthetics India: Polyester manufacturer Indo Rama Synthetics India reported a standalone net loss of Rs 16.56 crore for the first quarter ended June 30. The company had posted a net profit of Rs 5.86 crore in the corresponding period a year ago, Indo Rama Synthetics said in a BSE filing.

Indiabulls Housing Finance: Indiabulls HF said it plans to raise up to Rs 100 crore through issuance of non-convertible debentures (NCDs).

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