Friday, 2 December 2016

Best Indian Stocks To Watch | Stock Market Tips

TOP STOCKS TO WATCH – (2 December 2016) Friday - Bharti Infratel, Coal India, Maruti Suzuki, M&M, Tata Motors.... Traders & Investors can book profits by investing on these Stocks.

Auto Cos:

Tata Motors Ltd., Maruti Suzuki Ltd., Mahindra & Mahindra Ltd., TVS Motors Ltd will be in focus after November month sales data release.
Tata Motors Nov sales flat at 38,900 units, exports up 57%, passenger vehicles up 22%, buses up 60% and commercial vehicles up 46% on year. TVS Motors Nov sales flat at 224,000 units vs 225,000 units on year. Maruti Suzuki Nov sales jump 12% to 96,767 units.

Mahindra and Mahindra Ltd., Nov sales dropped 22% to 32,499 units. Eicher Motors sales rose 42% rise in November to 116,096 units.

AstraZeneca Pharma India Ltd:

AstraZeneca Pharma India Ltd., the drug maker will be in focus after it got an extension from its parent firm AstraZeneca UK to sell anti-bacterial drug Meronem in India for the next six months.

Bharti Infratel Ltd:

Bharti Infratel Ltd., the telecom tower services provider, will be in focus on media talks that Brookfield Asset Management Inc agreed to takeover of the company at a bid valuing pf about $11 billion or Rs 700 billion (approx).

Clariant Chemicals (India) Ltd:

Clariant Chemicals (India) Ltd., will be in focus after it 86% drop in
net profit at Rs 34.6 million for the quarter ended September 30, 2016 against Rs 248.9 million in the corresponding quarter last year.

Shilpa Medicare Ltd:

Shilpa Medicare Ltd., the company will be in focus after the board approved the raising of funds of up to Rs 1.75 billion by issuing equity shares on preferential basis to TA FII investors Ltd, Mauritius.

Ujjivan Financial Services Ltd:

Ujjivan Financial Services Ltd., the financial services company will be in focus after it submitted application on Thursday to the Reserve Bank of
India, Regional Office, Bangalore seeking registration as core investment company.

United Bank of India:

United Bank of India (UBI), the state run lender will be in focus on revision interest rate on deposits above Rs 10 million.

Vedanta Ltd:

Vedanta Ltd., the worlds largest mining company will be in focus after it revealed plan to invest Rs 150-200 billion over three years to expand its alumina and aluminium producing capacity.

Wipro Ltd:

Wipro Ltd., the third largest exporter of IT services, will be in focus after it announced that it has been awarded a three-year IT infrastructure services and digital transformation contract by Woodside, an Australian oil and gas company with a global presence.

Results Today:

Parsvnath Developers, Nagarjuna Fertilizers and Chemicals, IL&FS Transportation Networks, GE Power India and Dredging Corporation will announce their financial results for the quarter ended September 30, 2016.

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