Friday 18 November 2016

Stocks To Watch-Stocks Market Tips & News | Stock Market Tips

Healthcare Global Enterprises:

Healthcare Global Enterprises Ltd., one of the leading providers of cancer treatment in the country, has proposed to merge DKR Healthcare Private Limited, a subsidiary of BACC Health Care Private Limited, with BACC Health Care Private Limited, being subsidiaries of the Company.

IIFL Holdings:

IIFL Holdings Ltd, a leading financial services provider, Thursday informed the stock exchanges that its non-banking financial company (NBFC), a subsidiary namely Infoline Finance Ltd. proposed to acquire the management and control of Samasta Microfinance Ltd.

Inox Wind:

Inox Wind Ltd., a local wind energy service provider, Thursday said it received a repeat order from Roha Dyechem Pvt Ltd. for a 40 MW wind power project to be executed in the state of Gujarat in India. Roha Dyechem has already successfully invested in an aggregate of 52.5 MW of solar energy and 13.5 MW in wind energy.

JSW Steel:

JSW Steel Ltd., the Sajjan Jindal-led steel major, has come out of Credit Suisse's infamous 'House of Debt' list. The company has trimmed its debt Rs 14 billion the Jul-Sep period.

Lupin:

Lupin Ltd., India's third largest drug maker by sales, Thursday said its United States subsidiary, Gavis Pharmaceuticals LLC, received regulatory approval for Hydrocodone Bitartrate and Acetaminophen tablets.

Microfinance companies:

Bharat Financial Inclusion Ltd. (BFIL - erstwhile SKS Microfinance), Ujjivan Financial Services Ltd., Equitas Holdings Ltd., others will be in focus today as demonetisation drive is expected to result in increased default rates. The sector is witnessing plunge in collection as they are not allowed to collect Rs 500 and Rs 1,000 notes.

Nava Bharat Ventures:

Nava Bharat Ventures Ltd., a diversified company operating in Power generation, ferro alloys, mining and agri-business, Thursday said its fiscal second-quarter net profit plunged 91.07% on higher inventories amid forex losses.

Petronet LNG:

Petronet LNG Ltd., a distributor of liquefied natural gas, Thursday said its fiscal second-quarter net profit jumped 82% to Rs 4.6 billion, highest ever quarterly net profit, on the back of record volume of gas handled.

Reliance Industries:

Reliance Industries Ltd., the billionaire Mukesh Ambani-led business conglomerate, had entered into a global partnership with GE to build digital solutions for $25 billion worth industrial internet of things (IIoT) business.

Tata Consultancy Services:

Tata Consultancy Services Ltd (TCS), India's leading IT services provider, has removed Cyrus Mistry as the chairman of the company at an EGM held Thursday.

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