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Top Ten Stocks to be Focused for 5 August 2016

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

Tata Motors: Jaguar Land Rover North America (JLR) on Tuesday said it had initiated the first round of Takata-related recalls for certain Jaguar XF and Land Rover Range Rover models by notifying owners of affected vehicles.

Fortis Healthcare: Fortis Healthcare reported a consolidated net profit of Rs 25.26 crore for the first quarter ended June 30, 2016.

Bharat Forge: The company is expected to report 21 per cent year-on-year (YoY) drop in the net profit to Rs 155 crore for the quarter ended June 30 compared with 195 crore reported in the year-ago period.

Oberoi Realty: Mumbai-based Oberoi Realty is in separate talks with US-based investor Morgan Stanley and Singapore’s sovereign fund, GIC, to set up a joint venture (JV) for developing malls, a media report said quoting an executive.

Oberoi Realty: Mumbai-based Oberoi Realty is in separate talks with US-based investor Morgan Stanley and Singapore’s sovereign fund, GIC, to set up a joint venture (JV) for developing malls, a media report said quoting an executive.

Siemens Ltd: Siemens reported a 22.72 per cent drop in net profit at Rs 130.03 crore for the quarter ended June 2016 on account of “one-time costs and adverse exchange rates”.

ONGC & Oil India: State-owned oil producers Oil India Ltd and Oil and Natural Gas Corp. (ONGC) Ltd on Thursday paid a total of Rs.1,450 crore to the Assam government as royalty dues on crude oil mined in the state, said a media report.

Future Enterprises Ltd: Future Enterprises Ltd, part of Kishore Biyani-led Future Group, plans to raise up to Rs 1,250 crore through issuance of securities on a private placement basis to refinance its fund expansion program and general corporate purposes.

NMDC: NMDC gets members’ nod for share buyback of up to 25 per cent of total equity shares.

Suzlon: Suzlon Energy Ltd hopes to exit a process of corporate debt restructuring by March 2017, its chairman said on Thursday, a turnaround for a company that four years ago reeled under heavy debt after an ill-advised overseas expansion .

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