Thursday, 3 September 2015

15 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
Cipla Ltd: The pharma company has acquired the exclusive rights to market skin care products of the country's leading derma and cosmeceutical player Percos India. The deal may be worth an estimated Rs. 90 crore.

Mahindra Holidays: The company stated that it will increase stake in Holiday Club Resorts Oy, Finland to 86.38%. The stake in Holiday Resorts Oy will Be 86.4% post €10 m Investment.

HCL Technologies: The IT company has won a contract to transform the operations of UK football club Manchester United, a deal that will see the Indian IT player create an innovation lab in the iconic Old Trafford Stadium.

IRB Infrastructure Developers: The company has now executed Concession Agreement with NHAI for the project of Six Laning of Agra-Etawah Bypass section of NH-2 (from km 199.660 to km 323.525) in Uttar Pradesh under NHDP Phase-V on BOT (Toll) mode.

DLF: DLF Home Developers Ltd., a wholly-owned subsidiary of DLF Ltd (DLF), and GIC, Singapore’s sovereign wealth fund, have entered into a joint venture to invest in two upcoming projects located in Central Delhi.

Maruti Suzuki India: The company plans to launch its first ever light commercial vehicle (LCV) during the ongoing financial year despite declining sales in the segment.

Vascon Engineers Ltd: The company planning to raise Rs. 200 crore through rights issue and sale of non-core assets to cut down on its debt burden. The rights issue was subscribed over 130%.

M&M Ltd: The company sees industry sales including that of its vehicles in rural areas weakening because of deficient monsoon rains in parts of the country, as per media reports.

Bharti Airtel: Nigeria-based telecommunications infrastructure group IHS Holding Ltd has completed sale and lease back of telecom towers in Zambia from Bharti Airtel.

Ratnamani Metals: The company has received an order for supply of CS pipes from L&T amounting to Rs. 528 crores (net of taxes and duties) which shall be completed by June, 2017.

Coal India: Majority of about 4 lakh coal workers across the country joined the strike called by trade unions, hitting 50 per cent of the about 1.7 million tonne (MT) day's production. Coal workers across the country have joined the nationwide strike on the call of major trade unions like INTUC, AITUC and CITU to pitch for their agenda that includes opposition to any further stake sale in Coal India.

VA Tech Wabag Ltd: VA Tech WabagBSE 0.36 % and its consortium partner Muhibbah Engineering (M) Bhd has bagged a contract worth Rs 1,500 crore from Malaysia's national oil and gas company Petronas (Petroliam Nasional Berhad).

Jet Airways Ltd: Jet Airways (India) LtdBSE -1.34 %, the country's second-largest airline by passengers carried, will merge its wholly owned unit Jet Lite (India) Ltd with itself, said media reports.

Bhushan Steel Ltd: The company will seek shareholders' nod to raise up to Rs. 547.50 crore through private placement of shares to meet fund requirements of the company. 

ONGC, Oil India: The government will auction 69 idle oil and gas fields of state-owned ONGC and Oil India to private firms on a new revenue sharing model and liberalised terms including pricing and marketing freedom. 

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