Monday 30 November 2015

Amtek Auto, Cipla, Siemens among 14 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
Amtek Auto Ltd: Amtek Auto has posted a net loss of Rs. 1586.20 mn for the quarter ended September 30, 2015 as compared to net profit of Rs. 743.70 mn for the quarter ended September 30, 2014.

Siemens Ltd: The company's net profit declined by 49.8% to Rs. 219 crore for the quarter ended September 30, 2015 where as the same was at Rs. 436.8 crore for the quarter ended September 30, 2014.

Cipla Ltd: The pharma company has announced that the Company, Cipla Health Limited and FIL Capital Investments (Mauritius) II Limited have on November 27, 2015 signed an Investment Agreement.

Indiabulls Housing Finance: The company is planning to raise $500 mn by selling rupee denominated bonds in the next four months.The bonds will be listed on London and Singapore exchanges.

Maruti Suzuki: The auto company is planning to introduce automatic technology variant in every segment. At present, Maruti offers a variant of semi-automatic and automatic technology in the Celerio, Alto K10, WagonR, Dzire, Baleno and the Ciaz.

Nestle India Ltd : Nestle India has announced that the Company has fixed December 14, 2015 as the Record Date for the purpose of payment of second interim dividend.

PVR: PVR expects to add at least 23 screens in the current financial year to take the total to 500.

Maruti Suzuki: The auto company will invest Rs. 15,000 crore over the next five years in procuring land for doubling its dealership network and expanding stockyard, warehouse & transportation infrastructure, Chairman R C Bhargava has been quoted as saying by a business daily.

IVRCL: IVRCL is likely to hold a bankers’ meeting in Mumbai next week to discuss a possible demerger of EPC business and property development business, joint Managing Director R. Balarami Reddy said.

Yes Bank: Yes Bank has invoked 3.02% stake of United Breweries, pledged by McDowell Holdings, a unit of Vijay Mallya-led UB Group, by selling shares worth Rs. 778 crore, according to reports.

SpiceJet: The aviation company plans to order 100-150 aircraft and it is in talks with the major aircraft manufacturers for the same.

Bharat Forge: Bharat Forge will invest about Rs. 500 crore on a defence systems facility in Telangana with a joint venture partner, the state's Industry Secretary Arvind Kumar said. The budget airline is looking to buy both big and narrow bodied aircraft, so that it can operate in smaller airports in the tier III and tier IV cities.

Tata Coffee
: Tata Coffee Ltd has informed BSE that Tata Coffee Limited (TCL) and its Holding Company Tata Global Beverages Ltd (TGBL) have jointly developed an Instant Coffee product for the Indian market, which is being launched on November 29, 2015 by TGBL under the brand name ‘Tata Coffee Grand’. The product will be manufactured by TCL and marketed and distributed by TGBL.

Reliance Industries: RIL is facing a 40% cut in the marketing margin it charges on selling its KG-D6 gas to fertilizer and LPG plants after  thegovernment notified a ceiling of Rs 200 per thousand standard cubic meters(scm).

Emami Paper Mills Ltd: The company plans to invest an additional Rs. 1,000 crore in the next three years to double the capacity at its Balasore, Odisha plant.

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