Tuesday 11 July 2017

Today's Top Indian Stocks to Watch & Earn Profit

Todays top indian stock are in focus , invest on right stocks with right stock tips and book your profit.

Sugar makers:

Oudh Sugar Mills Ltd., Gobind Sugar Mills Ltd., and other Sugar manufecturer, will be in focus after the government increased import duty on sugar to 50% to curb dumping of the commodity in India as international prices fell. The industry expects the move to prevent a build-up of arrears in payments to sugar cane farmers in the next season starting October 2017.

Bharti Airtel Ltd:

Bharti Airtel Ltd., India largest mobile service provider, will be in focus after it announced launch of Project Next its digital innovation program aimed at transforming customer experience across all of its services and touch points. Airtel plans to invest up to Rs 20 billion over the next 3 years under Project Next. 

Bajaj Electricals Ltd:

Bajaj Electricals Ltd., electrical equipment manufecturer, will be in focus after it advanced a sum of Rs 38 million to Starlite Lighting (SLL) as a short term loan inter-alia on the collateral security by way of pledge by the promoters of SLL of 3.8 million equity shares, 28% equity, held in SLL, under an agreement of pledge of shares dated February 23, 2007, with a right to the company to purchase the same, at its sole discretion, at a pre-determined consideration of Rs 350,000. 

Cyient Ltd:

Cyient Ltd., software service provider, will be in focus after it has subscribed to 49% of share capital of a newly incorporated company Cyient Solutions and Systems.

Essel Propack Ltd:

Essel Propack Ltd., world's largest provider of packaging services, will be in focus on issuing of commercial paper worth Rs 500 million

Gujarat State Fertilizers & Chemicals Ltd:

Gujarat State Fertilizers & Chemicals Ltd(GSFC), a fertilizer maker, will be in focus after an emergency shutdown of Ammonia-IV due to detection of leakage of high pressure process gas from hot header of reformer box. Urea-II plant also shutdown due to non-availability of CO2 gas which is by product of Ammonia-IV plant. All other plants of GSFC are operational with supply of Ammonia from Ammonia Storage Tanks.

Gallantt Metal Ltd:

Gallantt Metal Ltd., a local steel product maker, will be in focus after India Ratings, a Fitch group, affirmed Gallantt Metal credit rating on long term to A-, with a stable outlook and short term ratings to A2.

Indian Oil Corporation Ltd:

Indian Oil Corporation Ltd., a state-owned refiner, will be in focus after it along with LanzaTech, provider of carbon recycling services, have signed a Statement of Intent to construct the world's first refinery off gas-to-bioethanol production facility in India. 

Lupin Ltd:

Lupin Ltd., a local drug maker, will be in focus after CLSA, a global financial firm maintained 'Outperform' on Lupin with a target price of Rs 1,310.

Maruti Suzuki Ltd:

Maruti Suzuki Ltd., India's largest car maker, will be in focus as carmakers are re-evaluating plans to introduce hybrid vehicles in the Indian market after high levies under the GST regime.

Reliance Power Ltd:

Reliance Power Ltd., the Anil Ambani led group, will be in focus after it redeemed and paid interest in respect of its 2500 ,10.20% unsecured redeemable non-convertible debentures series I (2016) of Rs 1 million each aggregating to Rs 2.5 billion on the due 10 Jul 2017.

State Bank of India Ltd:

State Bank of India Ltd. (SBI), largest state-owned lender, will be in focus on getting final approval for disinvestment of SBI's stake in SBI Life through Initial Public Offer (IPO).

SpiceJet Ltd: 

SpiceJet Ltd., fourth largest airline carrier, will be in focus after Kalanithi Maran of Sun Group, SpiceJet's former promoter, sought over Rs 20 billion compensation from current promoter Ajay Singh and the airline for allegedly causing losses by failing to honour contractual obligations.
  
Amtek Auto Ltd.,IndusInd Bank Ltd., and South Indian Bank Ltd., will announce their financial results for the quarter ended Jun 30, 2017 on Tuesday.

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