Tuesday 1 November 2016

Top 17 stocks in focus today: Tata Motors, Lupin, Dabur ----stock future tips|equity research lab| 02 November

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  1. Dabur India Ltd: The company is planning to acquire personal care business of CTL group in South Africa, as per media reports.The acquisition will mark Dabur's entry into the South African personal care market, the company said in a statement.
  2. Moil: MOIL signed a pact with Madhya Pradesh government to conduct mineral exploration in the state.
  3. Lupin: The pharma company said that it has received final approval from the USFDA to market norgestimate and ethinyl estradiol tablets marked for use by females of reproductive potential to prevent pregnancy.
  4. Jubilant Life Sciences: The company has received approval from the US health regulator to market Rosuvastatin Calcium tablets, used for the treatment of hyperlipidemia, in the American market.
  5. Tata Motors Ltd: Tata Motors sold 16,311 units of passenger vehicles in October, up 28% from the year ago. Jaguar Land Rover, a wholly owned subsidiary of Tata Motors, reported 7 per cent year-on-year rise in US October sales figures.
  6. Coal India:  Coal India  produced 273.57 million tonnes (MT) of coal in the first seven months of the ongoing fiscal, lower than the 307 MT target, as per media reports.
  7. Gujarat State Petroleum Corp, ONGC: Gujarat government-owned company Gujarat State Petroleum Corp may hive off the Deen Dayal field in the Krishna-Godavari basin into a separate asset if Oil and Natural Gas Corp. Ltd decides to buy a stake in it, as per media reports.
  8. Majesco: The company reported a consolidated net profit of Rs 7 crore for the quarter ended September 30, 2016 against net loss of Rs 0.78 crore in the same quarter a year ago.
  9. Dena Bank and State Bank of Bikaner and Jaipur: Both public sector lenders on Tuesday slashed benchmark lending rates by up to 0.1%.
  10. VST Industries: VST Industries reported 11% rise in net profit at Rs 35 crore for the quarter ended September 30, 2016 against Rs 32 crore in the corresponding quarter a year ago.
  11. Amtek Auto: The company is expected to shortlist bidders for its German division Tekfor as soon as next week.
  12. Eicher Motors: Royal Enfield, the two-wheeler division of Eicher Motors, on Tuesday posted a 33 per cent rise in total sales at 59,127 units in October.
  13. IL&FS Engineering: The company will announce its Q2 numbers today.
  14. Maithan Alloys: The company informed bourses that due to adverse market conditions, the production at the Kalyaneshwari Plant has been cut by 15 per cent with effect from October 31, 2016. Between July and October 2016, the cost of imported manganese ore, which accounts for the major cost of production has increased by 200 per cent, imported coke by 80%, whereas the sales price of silico manganese, the finished product, has increased only by 30%.
  15. BGR Energy Systems: BGR Energy Systems  received a contract worth Rs.2,600 crore from Tamil Nadu Generation and Distribution Corp. Ltd for the execution of a thermal power project. The contract should be completed in three years.
  16. Strides Shasun: Strides Shasun got approval from the US Food and Drug Administration for anti-retroviral Abacavir tablets used for the treatment of patients with HIV infection.
  17. Godrej Properties: Godrej Properties announced that it has sold over 60,000 sq meters of villas with a booking value in excess of Rs 300 crore in a single day at the launch of its first project, Crest, at its 100 acre township Godrej Gold Links.
  18. NHPC: NHPC announced commissioning of a 50MW wind power project in Rajasthan.
  19. Ujaas Energy: The company has bagged an order from Airports Authority of India for design, manufacturing and commissioning of rooftop grid-connected solar photovoltaic system.
  20. Central Bank of India: The board on Tuesday considered and approved raising of equity capital by issuance and allotement of up to 1.71 crore equity shares of the face value of Rs 10 each at the issue price of Rs 91.45 per equity share aggregating to Rs 156.79 crore to Life Insurance Corporation of India including its various schemes on preferential basis.   
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