Friday, 2 June 2017

Top Stocks To Watch | Indian Share Market













Indian stock market tips by expert analyst. List of top stocks are to watch. Do safe investment on stock market with accurate
stock tips.

Infrastructure developers:

Larsen & Toubro Ltd, Reliance Infrastructure Ltd, ILFS Ltd and Jaiprakash Ventures Ltd, the infrastructure developers, will be in focus as they are in the race for the Government of India's ambitious Rs 100 billion project to build the Zojila tunnel connecting Srinagar and Lah Laddakh, according to the Economic Times report.

Adani Power Ltd:

Adani Power Ltd., the Adani Group's power arm, will be in focus after rating agency Crisil accused the Gautam Adani-led power generator of not providing it with details of operations while reaffirming its stable outlook and double B minus rating, three notches below investment grade, on Rs 65.59 billion of credit facilities. 


Bank of India:

Bank of India (BOI), the state-run lender, will be in focus after it decided to go for one-time settlements (OTS) of loans with errant borrowers as one of the key recovery strategies. The lender, with a pile of non-performing assets running to Rs 520.45 billion, is ready to take the OTS route for all borrower segments, general manager SK Aggarwal, the Economic Times report said.

Bharti Airtel Ltd:

Bharti Airtel Ltd., the largest listed telecom service provider, will be in focus after it received approvals from the Securities & Exchange Board of India, BSE and the National Stock Exchange of India for its proposed merger with Telenor India. 

Coal India Ltd:


Coal India Ltd., the state-owned largest coal miner in the world, will be in focus after it produced 79 million tones (MT) of coal in the first two months of the ongoing fiscal missing the target by 7 MT. Coal India (CIL) which accounts for over 80% of domestic coal production is eyeing one billion tonnes of output by 2020. Its production target in April-May was 86.5 MT, Coal India said in a statement to exchanges.


Housing Development Finance Corporation: 

Housing Development Finance Corporation Ltd (HDFC), the largest home loan provider, will be in focus after it acquired a 15% stake in Tanzania's First Housing Finance for $1.5 million. First Housing Finance (Tanzania) is the first housing finance company in the country that still has to commence operations.

Hero MotoCorp Ltd:

Hero MotoCorp Ltd (HMCL), the world's largest two-wheeler maker, will be in focus after its total motorcycle sales grew 8.7% to 6.33 lakh units in May 2017 over May 2016. The announcement was made after market hours on Thursday. 


Hindustan Petroleum Corporation Ltd:

Hindustan Petroleum Corporation Ltd (HPCL), the state-run refiner, will be in focus after it sought shareholders' nod for issuing one bonus share for every two held, capitalizing reserves of about Rs 5.08 billion. The refiner proposed an ordinary resolution through postal ballot for capitalization of Rs 5.08 billion standing to the credit of Security Premium/Free Reserves and issue bonus shares of Rs 10 each. 

NBCC (India) Ltd:

NBCC (India) Ltd., the state-owned real estate developer, will be in focus after sold nearly 300,000 sq ft office space in an upcoming commercial tower at Nauroji Nagar in South Delhi for Rs 11 billion to five companies -- PFC, HDFC, HPCL, SIDBI and Energy Efficiency Services.

PNC Infratech Ltd:

PNC Infratech Ltd., the infrastructure developer, will be in focus after it reported 77% fall in net profit at Rs 337.4 million during the fiscal fourth quarter ended March 31, 2017. It had posted a net profit after taxes, minority interest and share in profit/(loss) of associates of Rs 1.45 billion during the same period a year ago, it said in a BSE filing.

Reliance Communications Ltd:

Reliance Communications Ltd., the fourth largest telecom services provider, will be in focus as global rating agency Fitch downgraded the telecom operator to junk grade saying loan default is a "real possibility" and red flagged its poor liquidity and exce
excessive refinancing risk.

TVS Motor Company Ltd:

TVS Motor Company Ltd., the maker of 'Apache' two-wheeler, will be in focus after it reported a 16% increase in total sales at 282,007 units in May. The Chennai-based company had sold 243,783 units in May 2016. Total two-wheeler sales during the month increased 15.65 to 275,426 units.

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