Sensex market recommendation with high accuracy stock trading tips and advice, here is the list of today's top stocks are in focus and to watch. Invest wisely on stock market and book your profit.
Biocon Ltd:
Biocon Ltd., a local drug maker, will be in focus after the US Food and Drug Administration approved Biocon and US drug maker Mylan's proposed biosimilar breast cancer drug Trastuzumab.
Bhushan Steel Ltd:
Bhushan Steel Ltd., India's third largest secondary steel producer, will be in focus after the National Company Law Tribunal (NCLT) on Jul 13 heard the bankruptcy petitions of Bhushan Steel and Bhushan Power and Steel. The court gave Bhushan Steel four more days.
Cyient Ltd:
Cyient Ltd., a provider of software services, will be in focus after it posted a 18.7% rise in its June quarter net at Rs 878 million from the Rs 740 million in the year-ago period. The company's total income rose 8.6% to Rs 9.07 billion during the reporting quarter.
Grasim Industries Ltd:
Grasim Industries Ltd., a viscose staple fibre & caustic soda manufacturer, will be in focus after it said that Aditya Birla Group is ready to sell fertiliser arm for close to Rs 30 billion.
GVK Power & Infrastructure Ltd:
GVK Power & Infrastructure Ltd., a leading provider of construction services, will be in focus after it completed a deal to sell residual equity in BIAL.
Infosys Ltd:
Infosys Ltd., India's second largest IT service provider, will be in focus as it is set to report its June quarter numbers today. Motial Oswal, a brokerage firm believes that Infosys may post 4.5% on quarter fall in net profit at Rs 34.38 billion compared with Rs 36,03 billion profit reported for the sequential quarter ended March 31, 2016. The company's revenue may slip 0.43% on quarter to Rs 176.54 billion.
JSW Steel Ltd., Monnet Ispat Ltd:
JSW Steel Ltd., an integrated steel maker and Monnet Ispat Ltd., a sponge iron & structural steel maker, will be in focus after State Bank of India is not in favour of a JSW Steel proposal in its current form to buy a controlling stake in debt-laden steelmaker Monnet Ispat, the bank informed the Mumbai bench of the National Company Law Tribunal (NCLT) on Jul 13.
Kwality Ltd:
Kwality Ltd., a manufacturer of dairy products, will be in focus after SEBI fined Kwality directors for alleged trading irregularities.
Max Financial, HDFC Ltd:
Max Financial, HDFC Ltd., provider of insurance services, will be in focus after HDFC Life Insurance plans to call off its proposed takeover of the Max group's life insurance business as the two have not been able to arrive at a mutually agreeable alternative structure for the transaction, which the regulator has rejected in its current form.
State Bank of India:
State Bank of India, largest state-owned lender, will be in focus after it is planning to raise up to $750 million (Rs 48.35 billion) of overseas loans from international lenders to fund growth in lending activity at its offshore branches.
Tata Consultancy Services Ltd:
Tata Consultancy Services Ltd. (TCS), India's largest IT service provider, will be in focus after its operation profit fell in June quarter may not go down well with TCS investors.
Wipro Ltd:
Wipro Ltd., India's third largest service provider, will be in focus after it sought members' nod to reappoint Azim Premji as Executive Chairman & MD.
Infosys Ltd, Infomedia Press, Bhansali Engineering Polymers, Integrated Capital Services Ltd., among others will announce the financial result for the quarter ended Jun 30, 2017 today.
