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Top Ten Stocks to be Focused for 4 August 2016

Top Ten Stocks to be Focused for 4 August 2016

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

Dr Reddy’s Laboratories: Dr Reddy’s LaboratoriesBSE 0.34 % said it has successfully completed the USD 350 million (around Rs 2,300 crore) acquisition of eight abbreviated new drug applications (ANDAs) in the US from Teva Pharmaceutical Industries and an affiliate of Allergan plc.

Logistics companies: L ogistics companies will be in focus after the Rajya Sabha approved the crucial 122nd Constitutional amendment to turn the GST bill into law. Rajya Sabha approved the crucial 122nd Constitutional amendment to turn the GST bill into law.

Punj Lloyd: Punj Lloyd Ltd said that its arm Pt Engineering Limited has sold its entire stake in UK-based Simon Carves Engineering to Engineers and Constructors International Inc for $2 million.

Infosys: Infosys has backed an Israel-based cloud computing startup by picking up a minority stake for $4 million (Rs 27 crore).

Orient Cement: The company reported a net loss of Rs 7.6 crore for the quarter ended June 30 compared with Rs 28.8 crore reported in the year-ago period.

Cadila Healthcare: Drug firm Cadila Healthcare on Wednesday reported a 22.59 percent dip in consolidated net profit to Rs 356.2 crore for the quarter ended June 30.

DHFL : Dewan Housing FinanceBSE 0.91 % Ltd received record bids on the day the company opened the sale of its retail inflation-linked bonds, as yield-hungry investors rushed to grab their share of a paper that offered interest rates as high as 9.50 per cent.

Piramal Enterprises: Piramal Group and Lodha Group are looking to set up asset restructuring companies (ARCs), people close to the development said. Piramal has been one of the biggest player which is looking at stressed real estate projects for a while.

Siemens: Siemens LtdBSE 0.55 % said it has received a nearly Rs 217-crore order from Power GridBSE 1.45 % Company of Bangladesh Ltd (PGCB).

Berger Paints: Berger Paints is looking to expand its Jejuri plant near Pune at an investment of Rs 100 crore by next fiscal and also double revenue within five years.

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