Here is the list of Top Indian Stocks are in focus and investors can earn good return on profitable stocks with high leveraged stock trading tips.
Maruti Suzuki (India) Ltd., Tata Motors Ltd., Mahindra & Mahindra Ltd., other car makers will be in focus ahead of goods and services tax (GST) introduction which could be a speed-breaker on the growth highway but the bumpy ride should be a short one. Local car sales have motored along a steady growth path in FY18 with demand having risen in double digits. June, however, could see a fall of up to 8%, with dealers refusing to stock up until July 1, when GST will be rolled out.
Sun Pharmaceutical Industries Ltd., Dr Reddy's Laboratories Ltd., Aurobindo Pharma Ltd., the drug maker will be in focus after receiving US drug regulator approvals.
Housing Finance companies (HFCs) and banks:
Indiabulls Housing Finance Ltd., LIC Housing Finance Ltd, State Bank of India, Punjab National Bank other home loan providers and lenders will be in focus as housing credit growth slows to 16% in FY17 (ICRA). ICRA expects HFCs' gross non-performing assets (NPAs) to remain range-bound between 0.9-1.3% in the current financial year.
ABB India Ltd:
ABB India Ltd., the engineering services provider, will be in focus on talks of its Swedish-Swiss parent, ABB is in discussions with Larsen & Toubro to acquire its electrical and automation division. The division that generated revenues of Rs 46.50 billion and operating profit of over Rs 7 billion in 2016-17 is expected to be valued at Rs 140-180 billion, two people familiar with the development told ET.
Adani Ports & Special Economic Zone Ltd:
Adani Ports % Special Economic Zone (APSEZ), India's largest private ports operator, will be in focus on its plans to raise at least $500 million through overseas bond sales and use the proceeds to refinance some current loans and fund expansion, two people familiar with the debt issue told ET.
A2Z Infra Engineering:
A2Z Infra Engineering Ltd, an engineering service provider, will be in focus on the decision to transfer its stake in Star Transformers Ltd, a subsidiary of A2Z infra engineering, along with its management control.
AstraZeneca Pharma Ltd:
AstraZeneca Pharma Ltd., the drug maker, will be in focus after it received marketing authorisation from the Drug Controller General of India (DCGI) for Symbicort, a medicine used for treatment of asthma.
Canara Bank and CARE Ltd:
State-owned Canara Bank and CARE Ltd., the ratings service provider, will be in focus after the lender decided to sell nearly 9% stake in the credit ratings firm CARE Ltd that could fetch it over Rs 3.93 billion.
Idea Cellular Ltd:
Idea Cellular Ltd., the third largest telecom service provider, will be in focus as its revenue and Ebitda (earnings before interest, taxes, depreciation & amortisation) estimates for FY18 and FY19 have been cut following a sharp 27% fall in the company's incremental revenue market share in FY17, high contingent liabilities and a hefty repayment burden over the next three years, brokerage CLSA said in a note seen by ET.
Indian Oil Corporation Ltd:
Indian Oil Corporation Ltd (IOC), the state-run refiner, will be in focus as its has been losing Rs 10 million daily since February as an agitation in Kerala hit its planned Rs 22 billion liquefied petroleum gas (LPG) import terminal and pipeline project, the company said in a statement on Tuesday.
Larsen & Toubro (L&T):
Larsen & Toubro Ltd, the construction and engineering services provider, will be in focus on getting EPC contract for development of 50 MW solar power project in Tamil Nadu.
Nestle India Ltd:
Nestle India Ltd., the maker of Maggy noodles, will be in focus after it has bought a minority stake in the ready-to-eat meal service Freshly as the global food giant moves to expand its distribution network. The move comes a week after the world's largest packaged food maker said it may sell its US candy business, which includes Butterfinger candy bars and Raisinets. The investment also comes on the heels of Amazon's plan to buy Whole Foods for $13.7 billion, potentially transforming the market for retailers and grocers.
Piramal Enterprises Ltd:
Piramal Enterprises Ltd., the drug maker, will be in focus after it raised Rs 6 billion via issue of securities. An administrative committee of the company's board approved the allotment of 6,000 secured redeemable non convertible debentures (NCDs) having the face value of Rs 1 million each aggregating to Rs 6 billion on private placement basis, Piramal Enterprises said in a statement to exchanges.
Reliance Communications Ltd:
Reliance Communications Ltd., the fourth largest telecom service provider, will be in focus after global brokerage Credit Suisse maintained 'Underperform' rating on Reliance Communications but cut the target price to Rs 15 per share from Rs 30. ?The company has put its property monetisation exercise on fasttrack and is targeting an overall 80% reduction in its near Rs 450 billion debt by December.
Reliance Defence & Engineering Ltd:
Reliance Defence & Engineering Ltd., the Anil Ambani led group company, will be in focus after it entered into a strategic partnership with Serbia's state-run defence major Yugoimport to manufacture ammunition in India and target business opportunities of Rs 200 billion over the next 10 years.
Seamec Ltd, leading diving support vessel (DSV) provider, will be in focus on deployment of vessel SEAMEC lll. The company enters a contract for Charter Hire of vessel "SEAMEC lll" with L&T Hydrocarbon Engineering Ltd, a wholly-owned subsidiary of Larsen & Toubro, for undertaking job in Mumbai High.
SpiceJet Ltd, the fourth largest domestic passenger carrier, will be in focus after it signs letter of intent for 50 Bombardier Q400 aircraft for $1.7 billion. This order, of 25 firm order and options of 25 more will make Spicejet the largest turboprop aircraft operator in the country.
Steel Authority of India and Monnet Ispat:
Steel Authority of India Ltd (SAIL), the state-owned largest steel maker, will be in focus as talks of taking over debt-ridden Monnet Ispat & Energy Ltd, has ruled out by Steel Minister Chaudhary Birender Singh.
Thomas Cook (India) Ltd:
Thomas Cook (India) Ltd., the travel service provider, will be in focus after it announced that on June 20, 2017 it received an intimation from Travel Corporation (India), wholly owned subsidiary of the Company, intimating that it has successfully subscribed to 49% of equity share capital of TCI-Go Vacation India, a joint venture Company with DER Touristik Group.
Uco Bank, the state-run lender, will be in focus on talks that it may require Rs 30-43 billion of tier 1 capital in the FY2018 and FY2019 to cover the losses for the last two years, rating company ICRA said, after downgrading the bank's bond programmes.