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Top Ten Stocks to be Focused for 25 August 2016

Top Ten Stocks to be Focused for 25 August 2016

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

Welspun India: Global retail giant Walmart is reviewing cotton certification records of Welspun India in the wake of Target Corporation’s decision to terminate contract with the Gujarat-based textiles maker over alleged lapses in products supplied to it.

ITC: The Delhi High Court on Wednesday did not issue any stay order on ITC Ltd’s suit against rival biscuit maker Britannia Industries LtdBSE 0.69 % which had alleged that the latter had copied the packaging colour combination of its digestive biscuit for their recently launched product.

Punj Lloyd : Punj Lloyd expects to bag its maiden defence order for upgrading Zu23 air defence guns worth Rs 400 crore in a month’s time, a top executive from the company told ET.

Tata Consultancy Services: India’s largest IT services provider, has settled its three-year-old lawsuit with US district Orange County for $26 million, even as it faces the prospect of a far larger payout in the Epic S
Reliance Communications: RComm unveiled a software-based WAN (wide area network) product from its subsidiary Global Cloud Xchange, targeting banks, government departments and others firms having offices across the country.

8K Miles Software: Cloud computing player 8K Miles Software said it plans to raise Rs 500 crore through a mix of instruments, including issue of fresh equity shares or convertible bonds via qualified institutional placement, among others.

Tata Steel: Tata Steel has initiated exports of Tata Ferroshots from its new steel plant located in Kalinganagar in Odisha. The first export consignment was flagged off from the plant to a South East Asian country on Tuesday.

Cadila Healthcare : ZydusBSE 0.45 % Cadila is recalling over 2 lakh bottles of anti-depressant Venlafaxine HCL ER capsules in the US in two different strengths for failed dissolution specifications.

PNC Infratech: PNC Infratech on Wednesday reported more than doubling of its consolidated net profit to Rs 54.20 crore for the quarter ended June 30, 2016. The company had registered a net profit of Rs 22.13 crore for the corresponding period a year ago, it said in a filing to the BSE.

SP Apparels Ltd: The garment manufacturer’s net profit rose to Rs 16.4 crore from Rs 6.7 crore in the corresponding quarter of the previous year, the company said in a filing to the exchanges.

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