Indian Stocks Are In Focus | Share Market Tips

An outlook on top and safest indian stocks today. Traders & Investors Can Earn Profit On Their Investment With Expert's Advice.

Adani Ports and Special Economic Zone Ltd:

Adani Ports and Special Economic Zone Ltd., an Adani Group company, will be in focus after ICRA said it has upgraded rating outlook of company from 'negative' to 'stable' and reaffirmed long term rating at AA+.

Bharti Airtel Ltd:

Bharti Airtel Ltd., the largest telecom service provider, will be in focus after it removed roaming charges for outgoing and incoming calls as well as SMSes and data usage within India as it takes on competition from new comer Reliance Jio.

Bharat Electronics Ltd:

Bharat Electronics Ltd., a state-owned aerospace and defence company, will be in focus after government announced divestment of 10 million equity shares representing 5% of total paid up capital. The govt has sold 8 million equity shares to non-retail bidders on the basis of valid bids received on T day (Feb 22, 2017).

Coal India Ltd:

Coal India Ltd., the world's largest miner of fossil fuel, will be in focus after it announced its wholly owned subsidiary has considered and approved buyback of 0.10 million shares fully paid equity shares of face value Rs 1000 each representing 4% amount not exceeding to Rs 120 billion.

Den Networks Ltd:

Den Networks Ltd., the India's largest cable TV distribution company, will be in focus after it launched its user-friendly online / live streaming platform - DEN TV+ where users can access or watch the content on the go.

Entertainment Network India Ltd:

Entertainment Network India Ltd., a subsidiary of Times Infotainment Media company, will be in focus after Radio Mirchi, under Entertainment Network India (ENIL), bought 21 radio frequencies under the second batch of the Phase III of FM radio auctions this year.

Fortis Healthcare Ltd:

Fortis Healthcare Ltd., a drugmaker, will be in focus after Daiichi Sankyo has again asked the Delhi High Court to block any stake sales by former Ranbaxy promoters Malvinder and Shivinder Singh as it battles to recover more than Rs 25 billion from an arbitration award. The move by Daiichi Sankyo comes as the Singh brothers are reportedly in talks to sell a large stake in their company Fortis Healthcare -a move that Daiichi has argued would lead to dilution in the assets it seeks to recover as part of the award.

Jagran Prakashan Ltd:

Jagran Prakashan Ltd., the publisher of 'Dainkik Bhaskar', will be in focus after it fixed initial public offer (IPO) price between Rs 324-333 per share of Music Broadcast Ltd., its subsidiary that operates FM Radio channels.

Indian Overseas Bank:

Indian Overseas Bank, a state-owned lender, will be in focus after it announced that the authorised capital of bank is increased from Rs 30 billion to Rs 100 billion.

Larsen & Toubro Ltd:

Larsen & Toubro Ltd., the India's biggest engineering company, will be in focus after Life Insurance Corporation of India (LIC) plans to buy 5% more in the company for Rs 65 billion at current market prices, said two people familiar with the proposal. The insurer, which already owns 16% of the company, has got the regulator's approval to buy the additional stake recently.

Max Financial Services Ltd:

Max Financial Services Ltd., the holding company for Max Life, India's largest non-banking company, will be in focus after global brokerage house CLSA upgraded Max Financial to 'Buy' from 'Outperform' and raised the target price to Rs 680 from Rs 400 earlier.

Merck Ltd:

Merck Ltd., a drugmaker, will be in focus after it reported 25% rise in standalone net profit to Rs 182 million for the quarter ended Dec 31, 2016. The company had posted a net profit of Rs 145.6 million for the corresponding period of the previous fiscal.

NHPC Ltd:

NHPC Ltd., the hydropower generator, will be in focus after it informed that Power Purchase Agreement (PPA) in respect up-coming Teesta-4 Project, West Bengal & Teesa-5 Power Station, Sikkim have been signed on Feb 21, 2017 with GRIDCO, Government of Odisha for a period of 35 years from the date of commercial operation (COD) of the project.

Pincon Spirit Ltd:

Pincon Spirit Ltd., an alcoholic beverages company, will be in focus after it announced the acquisition of five retail outlets in prime locations of Kolkata.

Sanofi India Ltd:

Sanofi India Ltd., the drugmaker, will be in focus after it reported a 57.98% fall in net profit at Rs 505 million for the fourth quarter ended Dec 2016 on account of higher expenses. The company had reported a net profit of Rs 1.20 billion in the same period a year ago.

Transformers and Rectifiers (India) Ltd:

Transformers and Rectifiers (India) Ltd., a transformer maker, will be in focus after it said it has been awarded the order for 39 No of Transformers and Reactors amounting to Rs 1.53 billion from Gujarat Energy Transmission Corporation Ltd. With this order, the company's order book as on date stands around Rs 10.20 billion.

Titan Company Ltd:

Titan Company Ltd., the Tata group firm, will be in focus after it said it has forayed into premium sarees and women's ethnic wear category under the brand name "Taneira". The company has opened its first Taneira store at Bengaluru that has a collection of handwoven sarees and ethnic wears from across the country with products ranging up to Rs 0.25 million.

Varun Beverages Ltd:

Varun Beverages Ltd., an alcoholic beverages company, will be in focus after it raised Rs 3 billion by issuing non- convertible debentures (NCD) to RBL Bank and Kotak Mahindra Bank on private placement basis.

Welspun Enterprises Ltd:

Welspun Enterprises Ltd., the Asia's largest and the 2nd largest Egyption Cotton, will be in focus after it said its Rs 2.7O billion buyback offer will open on March 3.


Get Stock Market Tips By Experts & Earn Profits On Share & Commodity Market