Top stocks to watch in indian share market. Invest minimum and earn huge profit with expert's advice and get high accuracy intraday trading tips on your mobile.
State-run lenders:
Allahbad bank, Andhra bank, Bank of India and other state-owned lenders, will be in focus after the government is likely to infuse more money amid crackdown on bad loans and increasing capital needs under Basel III guidelines. The exact amount will be decided after the first quarter results of banks are available.
Bhushan Steel Ltd:
Bhushan Steel Ltd., India's third largest secondary steel producer, will be in focus after it reported a net loss of Rs 11.31 billion in the fourth quarter ended March 31, 2017, much larger than Rs 7.57 billion mentioned in the unaudited results in May this year.
Bharat Forge Ltd:
Bharat Forge Ltd., an automobile component maker, will be in focus after Kalyani Strategic systems, a subsidiary of the component maker, and Israel Aerospace Industries (IAI) expands joint venture to build new Maintenance Centre in India for Selected Advanced Air Defense Systems
Bedmutha Industries Ltd:
Bedmutha Industries Ltd., leading steel wire maker, will be in focus after its management decided to stop the production from Plant I of the company situated at Sinnar, Nashik, due to the safety of workers and started the production facilities at Nardana Plant shifting the work load of plant I to the newly established plant at Nardana, Dhule.
Emkay Global Ltd:
Emkay Global Ltd., the local brokerage, will be in focus after it approved raising funds worth Rs 1.5 billion.
Gayatri Projects Ltd:
Gayatri Projects Ltd., the real-estate developer, will be in focus after Government of Singapore Investment Corp (GIC) acquired a 6.2% stake in the Indian infrastructure company Gayatri Projects in a block deal of about Rs 1.65 billion. GIC bought 11 million shares of the Hyderabad-based company at Rs 150 per share.
HPCL and ONGC:
Hindustan Petroleum Corporation Ltd (HPCL), the state-owned refiners, and Oil & Natural Gas Corporation Ltd (ONGC), the state-owned largest oil and gas explorer, will be in focus after the Cabinet is likely to consider sale of government's 51% stake in HPCL to ONGC for over Rs 260 billion.
Further, HPCL is planning to raise $500 million via issue of fixed rate senior unsecured notes.
IDFC Bank Ltd:
IDFC Bank Ltd., a private lender, will be in focus after the lender and Shriram groups are in talks to combine all or some of their businesses in a mega union. The board of Shriram Capital, the holding company for the consumer lending arm Shriram City Union and truck financing subsidiary Shriram Transport Finance, will meet on Jul 8 to discuss a proposal to merge with IDFC Bank.
ITC Ltd:
ITC Ltd., the cigerette maker, will be in focus after Nomura, a global brokerage maintained 'Buy' on ITC with a target price of Rs 389 per share.
InterGlobe Aviation Ltd:
InterGlobe Aviation Ltd., India's largest airline passanger carrier, will be in focus on confirming its interest in snapping up the international operations of Air India, state-run carrier, following the government's bid to privatise the debt-laden flag carrier.
Lakshmi Vilas Bank Ltd:
Lakshmi Vilas Bank Ltd., a state-owned lender, will be in focus after its shares turned ex-dividend for dividend of Rs 2.70 per share for the year ended March 2017.
Rain Industries Ltd:
Rain Industries Ltd., a cement maker, will be in focus after Dolly Khanna bought 1.27% stake during the previous quarter ended June 30, 2017. Dolly Khanna, whose portfolio is managed by husband Rajiv, purchased 426.8 million shares in the company.
Tata Communications and Bharti Airtel Ltd:
Tata Communications and Bharti AirtelLtd., the telecom services provider, will be in focus after the Tata Group and Bharti Enterprises on talks to evaluate a mega alliance. Discussions between both sides have revolved around a possible merger between unlisted Tata Teleservices and Tata Sky and the listed Tata Communications with the Sunil Mittal-owned Bharti Airtel, which includes its wholly owned DTH arm.
Tata Motors Ltd:
Tata Motors Ltd., the maker of Nano & Jaguar Land Rover, will be in focus after it slashed prices of its commercial vehicles post GST, passing benefits to its customers.
Unichem Laboratories Ltd:
Unichem Laboratories Ltd., a drug maker, will be in focus on receiving Establishment Inspection Report (EIR) from the US health regulator for the company's plant at Goa.
YES Bank Ltd:
YES Bank Ltd., a private lender, will be in focus after it partnered with fintech startups like Redcarpetup, Anytime Loans and FRS Labs among few others to adopt innovative technology-based solutions for various businesses, such as lending, anti-fraud detection and easier customer onboarding processes.
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