Wednesday 15 July 2015

Stocks in focus today

Check out the companies which will be in focus during trade today based on recent and latest news developments


Stocks to watch
Lupin: The company is seeking shareholders approval to increased authorised shares capital, says a report.

Sun TV Ltd: The stock could suffer as Sun Group's application to participate in the next-stage FM radio auctions has been rejected.

Pennar Industries Ltd: Gains could be in store as Pennar Engineered Building Systems has received nod from Sebi for IPO.

L&T Finance Ltd: L&T Finance has acquired a 26 % stake in Grameen Capital India.

Phoenix Mills: The company has approved closing of QIP issue at a price of Rs353.60 per share

DLF Ltd: DLF may raise about Rs 2,500-3,000 crore by next month via private equity.

India Cements Ltd: The stock could continue to see weakness even though India Cements Ltd (ICL), which owns the Chennai Super Kings (CSK) franchisee prepares to move Supreme Court against suspending CSK from IPL for two years.

Tata Motors Ltd:  The fall in Jaguar Land Rover (JLR) sales in UK and Europe for June could keep the stock under pressure.

ONGC: Iran's historic nuclear deal will aid the company as some deals could take place as far as ONGC-discovered Farzad-B gas field in the Persian Gulf is concerned.

Coal India Ltd: The stock which is at a 52-week high could remain in demand even as it has decided to relinquish about three-fourths of a coal mine allotted in Mozambique.

Adhunik Metaliks Ltd: Orissa Manganese & Minerals, a wholly owned subsidiary of the company, has been granted extension of lease for its three manganese ore mines (Patmunda, Orahuri and Kusumudhi) till March 31, 2020 under the merchant category.

JSPL: JSPL could see weakness after one of its promoter reportedly pledged 3.49% stake in the company with Axis Trustee Services Ltd.

PVR Ltd: PVR has opened a seven-screen multiplex at VED Transcube Plaza, taking its count to three in the city.

Ashok Leyland  Sales of its small commercial vehicle DOST, the first product to be launched under the joint venture with Nissan Motor Company, had crossed the one lakh mark.

Emami: The company  says it will continue its acquisition-led growth and offer new product lines

DCB Bank: The company announced that its Apr-Jun net profit was at Rs. 468.7 million

NIIT Tech:  The Company announced a net profit of Rs. 722.70 million for the quarter ended June 30, 2015 as compared to Rs. 448.20 million for the quarter ended June 30, 2014.

Engineers India: The company is looking  to set up south-east Asia hub in FY16

Ramco Systems: The company has signed multi-year global mandate with Cobham Aviation Services, an aviation solution specialist to defence, government and commercial aircraft customers.

Adani Ports & SEZ Ltd: Kerala government has handed over the letter of award (LoA) for the mega Vizhinjam port project to sole bidder Adani Ports & SEZ Ltd.

Granules India Limited: The company is now focusing on R&D and formulations and the new acquisitions are likely to reflect this new thrust in its business strategy.

GVK Power & Infrastructure: The company is now looking to raise funds for its airport business as the diversified group seeks to reduce its debt burden.

Yes Bank: The bank has received approval from RBI to set up IFSC Banking Units (IBUs) in Gujarat International Finance Tec (GIFT) city. 

Reliance Communications: The telecom firm is building its own mobile applications as it looks to offer new and enhanced services to retail and enterprise customers. 

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