Friday 3 March 2017

Top Indian Stocks In News | Stock Market Tips

A2Z Infra Engineering Ltd:

A2Z Infra Engineering Ltd., an engineering procurement and construction company, will be in focus after it bagged a contract from Grid Solar and Energy Efficiency Project, Nepal Electricity Authority vide the letter of award dated Mar 2, 2017.

Adani Power Ltd:

Adani Power Ltd., the power business subsidiary of Adani Group, will be in focus after it informed exchanges about allotment of 41 million equity shares upon partial conversion of convertible warrants to promoter group entities.

Accel Frontilne Ltd:

Accel Frontilne Ltd., a software services provider, will be in focus after it announced that the shareholders approved the sale of entire stake 14.73% of subsidiary company Aceel Systems & Tech Ltd.

Apollo Hospitals Enetrprises Ltd:

Apollo Hospitals Enetrprises Ltd., the speciality hospital chain operator will be in focus, as a unit of Malaysian sovereign fund Khazanah launched a block deal to sell $160 million worth of shares in the company.

Bharti Infratel Ltd:

Bharti Infratel Ltd., a telecom tower infrastructures provider, will be in focus after Global brokerage firm CLSA upgraded Bharti Infratel to 'Buy' from 'Outperform' with a target price of Rs 356.

BEML Ltd:

BEML Ltd., a state-run maker of defence equipments, will be in focus after it announced inauguration of a 200 KW grid-connected rooftop solar project in Mysore.

DCB Bank:

DCB Bank, a private lender, will be in focus after it informed exchanges that a meeting of the board of directors will be held on March 07, to consider and approve issue of securities to Qualified Institutional Buyers.

Geometric Ltd:

Geometric Ltd., a PLM Engineering Services provider, will be in focus after it announced scheme of Arrangement & Amalgamation between Geometric, HCL and 3D PLM becomes effective.

Hindalco Ltd:

Hindalco Ltd., a part of the Aditya Birla group, will be in focus after it said that its capital raising committee approved opening of its Qualified Institutional Placement (QIP) at a floor price of Rs 184.45 per equity share.

Kajaria Ceramics Ltd:

Kajaria Ceramics Ltd., a ceramics maker, will be in focus after Jwalamukhi Investment Holdings offloaded 0.63% stake in company for over Rs 560 million through an open market transaction.

National Aluminium Company Ltd (NALCO):

National Aluminium Company Ltd., a state-owned aluminium maker, will be in focus after it posted 16.8% growth in Bauxite production upto Feb 2017 with a volume of 6.5 million tonnes, the highest since its inception.

Reliance Industries Ltd:

Reliance Industries Ltd., the Mukesh Ambani led co., will be in focus after it said 15 promoter group entities of the company will transfer their 1.19 billion shares to eight other promoter group entities. The proposed inter-se transfers will not result in any change in promoter group shareholding of 45.24% in RIL. A stock exchange filing said 15 promoter group entities will transfer 1.19 billion shares to other promoter group entities at Rs 1,100.78 per share.

Supreme Infrastructure Ltd:

Supreme Infrastructure Ltd., a infrastructure developer, will be in focus after informed exchanges that the board of directors has approved the preferential allotment of equity shares of face value of Rs 10 to promoters for an amount not exceeding Rs 2 billion.

Tata Consultancy Services Ltd (TCS):

Tata Consultancy Services Ltd (TCS), the largest software services exporter, will be in focus after it announced that company releases HOBS V6.0, the next-generation digital platform for services providers.

Wipro Ltd:

Wipro Ltd., India's third largest software exporter, will be in focus after it said that it has completed the $70 million sale of its EcoEnergy division.

Zenotech Laboratories Ltd:

Zenotech Laboratories Ltd., a drugmaker, will be in focus after the board has approved winding up of Zentech Lab Nigeria Ltd, subsidiary of the company and has authorised the management to take appropriate actions for initiating the process of winding up of subsidiary.
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