List of top researched stocks in indian stock market that may be profitable. Invest on these stocks and get good return by with expert's stock tips.
The drug makers:
Lupin Ltd., Cadila Ltd., Aurobindo Pharma Ltd., and other drug makers, will be in focus after the government proposes to revamp the country's drug pricing regulator, allowing it to set prices of only essential medicines. The latest draft proposals suggest amendments to the drug pricing policy and inducting advisory body of experts in a move to strengthen the regulatory body, but at the same time may take away its absolute power to fix drug prices in public interest.
United Spirits, United Brewerie and other liquior makers, will be in focus after more than half of some 30,000 liquor vends that downed shutters on Apr 1 after the Supreme Court banned sale and serving of alcohol within 500 metres of state and national highways still remain shut, keeping the liquor makers under pressure.
Bank of Baroda:
Bank of Baroda, a state-owned lender, will be in focus after HSBC, a foreign brokerage cut its price target for the stock to Rs 148 per share from Rs 165 per share, while maintaining a 'Hold' rating on it.
Dish TV Ltd:
Dish TV Ltd., a DTH service provider, will be in focus after CLSA, a foreign brokerage cut its price target for the stock to Rs 97 from Rs 112 while maintaining a 'buy' rating on the scrip.
Emami Ltd., the Boroplus maker, will be in focus after Emami Agrotech, a part of the diversified Emami group, plans to generate a revenue of Rs 10 billion from edible oil business in Bihar.
Golden Tobacco Company:
Golden Tobacco Company, the cigarette maker's, will be in focus after its early 8 acre land parcel, an earlier deal for which landed Sanjay Dalmia, the company's chairman in jail, has been put on the block again, the third time the company is doing so. The land parcel near Mithibai College on SV Road in Mumbai's western suburb Vile Parle is estimated to be valued at about Rs 10 billion with development potential of nearly 1 million sq ft.
HDFC Bank Ltd:
HDFC Bank Ltd., a private lender, will be in focus after it plans to sell 9.57% holding in the insurance arm HDFC Standard Life Insurance Company, while its partner Standard Life will sell 5.43% in the same. HDFC Life is likely offload 15% of existing shares through its proposed initial public offering in the coming months.
HDFC Bank, Punjab National Bank:
HDFC Bank, Punjab National Bank (PNB), the leading lenders, will be in focus after they have slashed interest rate on savings bank accounts by 50 basis points to 3.5% on deposits up to Rs 500,000. Besides, PNB has also reduced interest rates on fixed deposits of less than Rs 10 million by 15-40 basis points on select maturities.
Infosys Ltd., India's second largest software exporter, will be in focus after investor's are likely to keep a track of its stock ahead of the board meeting to consider a share buyback on Saturday.
Multi Commodity Exchange:
Multi Commodity Exchange, an Indian independent commodity exchange, will be in focus after a report prepared by the MCX internal auditor, Mittal & Associates, said that in 2015-16 the exchange had parked funds in mutual fund schemes where it was not authorised to invest, and had foregone earnings by preferring to redeem investment just before a weekend or a public holiday and not renewing fixed deposits on time.
Raymond Ltd., a leading textile service provider, will be in focus after it acquired remaining 50% stake in joint venture JK Ansell in an effort to scale up its consumer products business and take its key brand KamaSutra globally.
Reliance Capital Ltd:
Reliance Capital Ltd., a financial service provider, will be in focus after Reliance mutual fund is likely to file DRHP for IPO today. Axis Capital and CLSA are acting as bankers to the IPO.
Monte Carlo Fashions Ltd., V-Mart Retails Ltd., Evergreen Textiles Ltd., JMT Auto Ltd., among others to announce their quarterly earnings