Friday 9 December 2016

INDIAN STOCKS TO WATCH | STOCK TRADING TIPS

TNS STOCKS TO WATCH- Friday 9 Dec 16 - Bharti Airtel, Finolex Inds, MMTC, NHPC, SAIL
Bharat Financial Inclusion Ltd:

Bharat Financial Inclusion Ltd., the micro finance lender will be in focus after it issued commercial papers of an aggregate amount of Rs 200 million on Thursday. The papers rated 'A1+' by a leading rating agency. The aggregate amount of Commercial Papers outstanding as on date is Rs 4.95 billion.

Bharti Airtel Ltd:

Bharti Airtel Ltd., the largest listed telephone service provider will be in focus as it started offering free voice calls bundled with 4G data as part of two aggressively priced mass-market bucket packs. The company signalled a full-blown tariff war aimed at thwarting Mukesh Ambani-owned Jio from poaching its lower and medium-end customers, reckoned to make up nearly 70% of its user base.

Capital First Ltd:

Capital First Ltd., the non-banking financial company, will be in focus on receiving Board approval to raise Rs 3.40 billion through preferential issue.

Claris Lifesciences Ltd:

Claris Lifesciences Ltd., the drug maker will be in focus after it reported net profit of Rs 323.8 million for the quarter ended September 30, 2016 against net profit of Rs 119.9 million in the corresponding quarter last year.

Finolex Industries Ltd:

Finolex Industries Ltd., the irrigation equipment maker, will be in focus after it registered a net profit of Rs 513.1 million, up 27.6% for the quarter ended September 30, 2016 as against Rs 402.1 million in the corresponding quarter last year.

MMTC Ltd:

MMTC Ltd., the state-run trading firm, will be in focus after its net profit plunged to Rs 104.5 million during the fiscal second quarter ended September as against Rs 446 million in the year-ago period.

NHPC Ltd:

NHPC Ltd., the country's largest hydropower generation company, will be in focus on inking power purchase agreement (PPA) for Tawang I & II with Assam Power Distribution Company Ltd.

Puravankara Projects Ltd:

Puravankara Projects Ltd., the real-estate developer will be in focus after it reported 56% increase in consolidated net profit at Rs 421.2 million for the September quarter of the current fiscal. Its net profit stood at Rs 269.7 million in the Jul-Sept period of last fiscal.

Sheela Foam Ltd:

Sheela Foam Ltd., the maker of sleepwell mattresses, will be in focus is it all set to make its debut on bourses on Friday. The company recently concluded Rs 5.10 billion initial public offering.

Steel Authority of India Ltd:

Steel Authority of India Ltd., the state-owned steel maker, will be in focu after the company reported a net loss of Rs 7.31 billion in the fiscal second quarter ended September 30, 2016 as against net loss of Rs 11.09 billion in a year ago period.

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