18 Stocks in focus today

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

Tata Motors: The automotive manufacturing company continued to witness strong year-on-year growth in certain key segments in August 2015, with passenger cars (excluding UV’s), M&HCV and Exports, growing by 19%, 31% and 16%, respectively.

Yes Bank: The  said it will enter the credit card space by June and has appointed former HDFC Bank executive Rajanish Prabhu to lead the division, as it announced a new organisational structure to boost retail and corporate banking.

Max India: The company is in talks with four private equity firms for the sale of 22% stake in Max Life Insurance. The stake sale may fetch about Rs. 4,000 crore.

Larsen & Toubro: The company has bagged an order worth Rs 10.7bn to build tracks for the Riyadh metro project in Saudi Arabia, the engineering major said.

Maruti Suzuki: The company launched its first hybrid vehicle by upgrading the diesel Ciaz with hybrid features at a price cheaper by up to Rs 20,500 than the existing diesel variant that is being phased out.

DLF Ltd: The shareholders has approved the resolution to create charge, lien or pledge on its over 50 per cent shares in three subsidiaries, holding rental commercial assets, for raising up to Rs. 7,500 crore.
Welspun Corp: The company said its shareholders have approved borrowing up to Rs. 5bn through issuance of securities.

Coal India Ltd: The company recorded an output of 36.21 million tonnes (MT) in August as against a production target of 37.65 MT. It has achieved an output of 192.37 MT in the first five months of the current fiscal year, missing its target of 196.73 MT.

Emami Infrastructure Ltd: The company informed BSE that the Board of Directors has considered and approved the Scheme of Amalgamation ("Scheme") of its wholly-owned subsidiary companies, Emami Realty Limited and Emami Rainbow Niketan Private Limited with itself.

Hero MotoCorp Ltd: The company reported 14% decline in sales at 4,80,537 units in August.  The company had sold 5,58,609 units in the same month last year, the company said.

Punj Lloy: The company is planning to expand Gwalior facility. The group is also planning to investment  in the range of up to Rs 2,000 crore depending on the opportunity.

Info Edge Ltd: The promoter of Naukri.com, has got approval from the RBI to raise the limit of foreign shareholding to 50 per cent of its paid-up capital.

Cipla Ltd: The company appointed former head of Dr Reddy's North American business Umang Vohra as its Global Chief Financial and Strategy Officer.

TVS Motor Company Ltd: The two-wheeler company reported a marginal increase in two-wheeler sales during the month of August 2015 at 216,781 units as compared to 215,244 units, a year ago.

Infosys Ltd: The company said that it is embracing automation in massive way but in early stages. Win rates in large deals have doubled compared to year back.

Bharati Shipyard Ltd: Edelweiss Asset Reconstruction Company, an arm of Edelweiss group that deals with junk loan, has acquired management control of Bharati Shipyard that has fallen in bad times, as per media reports.

Inox Wind: The company said it has bagged an order for a 100 MW wind power project at Lahori in Madhya Pradesh from Ostro Energy.

Sun Pharmaceuticals: The pharma company has completed the acquisition of GSK's opiates manufacturing facilities in Australia.