The Indian market is expected to open flat on Wednesday tracking muted trend seen in other Asian markets.
Here is a list of top Ten stocks that are likely to be in focus today:
Tata Motors: Jaguar Land Rover, the Tata Motors-owned marquee brand, is slowly turning the corner in 2016, having remained on the fringes of the Indian luxury car market so far.
Cipla: CiplaBSE -0.79 % has set its sights on building a pipeline of speciality drugs in the United States. The company, India’s third-largest drugmaker, plans to deploy more funds for research and development in respiratory, dermatology, neurology and oncology segments and hopes for the first commercial launch in the US around 2020.
Pfizer: Drugmakers PfizerBSE 1.44 % Inc. and Allergan Plc are scrambling to determine whether to proceed with their plan to merge and move Pfizer’s address but not its operations or headquarters to lower-tax Ireland.
Tata Steel: UK business minister Sajid Javid is travelling to Mumbai to meet Tata Group Chairman Cyrus Mistry on Wednesday to stave off the possible loss of thousands of jobs at Britain’s largest steelmaker that could result from asale or shutdown.
Idea & Bharti Airtel: Reliance Jio Infocomm could well stun the market, offering 0.5 paisa per 10 kb of data usage, which is substantially lower than the 4 paise per 10 Kb data being charged by India’s top telcos Bharti AirtelBSE 1.71 %, Vodafone India, Idea CellularBSE 1.42 %.
Era Infra Engineering: Era jointly with JS Grover Constructions has been awarded a contract valued about Rs. 356,77,77,777 for development to 4 lanes with paved side shoulders of Jalandhar – Hoshiarpur section of NH-70.
TCS: Tata Consultancy Services, India’s largest software services company, has set up an open innovation centre in Nashik to solve social problems in local communities.
ABG Shipyard: The company informed BSE that a meeting of the Board of Directors of the Company will be held on April 08, 2016, to discuss general corporate issues, strategy for induction of Strategic Investor or a Partner and authorize Monitoring Institution on behalf of CDR lenders to appoint investment banker.
Dish TV: India’s first-and-only direct-to-home (DTH) company to post net profit, Dish TV, is expecting its capital expenditure (capex) requirement to be around Rs 850 crore in FY17, as it is eyeing a big share of the remaining 45-50 million analogue TV homes in phase III and IV of the government-mandated digitisation programme, Digital Addressable System (DAS).
GM Breweries Ltd: GM Breweries reported a net profit of Rs 17.4 crore for the quarter ended March 31 compared to 5.7 crore reported in the year-ago period.