Here is a list of top Ten stocks that are likely to be in focus today:
Yes Bank: Yes Bank is set to launch a $1-billion share sale to institutional investors in what would be the biggest such exercise this year to support its expansion and take advantage of an expected economic revival in India.
Bharti Airtel: Bharti Airtel, Aircel and BSNL accounted for the highest number of violations related to mobile number portability (MNP) norms in the last three financial years.
Tata Motors: Tata Motors is planning to add an SUV and a premium sedan to its list of new launches to maintain its above industry growth rate in car segment in future. However, the company hasn’t set a timeline for the launch yet.
InoxBSE 0.24 % Wind: Inox Wind has bagged a repeat order from Surya Vidyut (SVL) for a 50 MW wind power project at Rojmal, Gujarat.
JP Associates: Aditya Birla Group-controlled UltraTech Cement LtdBSE 0.28 % on Wednesday said India’s anti-trust regulator has approved its deal to buy Jaypee Group’s cement business,
Housing Finance Companies: Securities and Exchange Board of India (SEBI) has doubled the limit on permissible holding of bonds of housing finance companies by mutual funds as it aims to support Prime Minister Narendra Modi’s promise of home for all.
BHEL: Government approved Rs 1,554 crore R&D project to develop advanced ultra super critical (AUSC) technology for thermal power plants, a move that would ensure energy security.
IFCI: State-owned term lender IFCI cut benchmark lending rate by 0.1 per cent to 9.3 per cent making its lending cheaper. “The benchmark rate up to one year reduced from 9.40 per cent to 9.30 per cent with monthly rests,” IFCI said in a statement.
Indian Hotels Co. Ltd: IHCL, which runs the Taj chain of hotels, on Wednesday said net loss in the June quarter widened to Rs.169.45 crore from Rs.72.39 crore a year ago.
GAIL India Ltd: The nation’s biggest natural gas transporter, today said it has placed orders for purchase of 315 km steel pipes to carry fuel to shut fertiliser plants in Bihar.