Top 15 stocks in focus today: HDFC, Biocon, Airtel, Laurus Labs


Equity tips:-
  • Biocon receives EU regulator nod for trastuzumab biosimilar.
     
  • HDFC to dilute stake in asset management unit via IPO. To hold 50.01% stake in the AMC business post stake dilution. Standard Life to hold 24.99%.
     
  • Bharti Airtel and Vodafone India are keen to acquire some spectrum from RCom to add to their airwave holdings in key markets, people familiar with the matter said. The Anil Ambani-owned telco’s lenders are selling the spectrum to try and recover part of their Rs45,000cr dues.
     
  • Dr Reddy’s Laboratories said a German regulatory authority has allowed the company’s Visakhapatnam-based plant to restart production for the EU market.
     
  • Shilpa Medicare says NCLT approves scheme of merger of Navya Biologicals with self.
     
  • Laurus Labs receives maiden tentative approval from USFDA for Tenofovir Disoproxil Fumarate tablets.
     
  • Mirza International receives MCA approval for scheme of merger between Hi-Life Fabricators and self.
     
  • MCX completes first settlement cycle in options contract on gold futures.
     
  • Mahindra & Mahindra Financial Services opened QIP on November 30, to raise up to Rs1,056cr at a floor price of Rs439.63.
     
  • Yes Bank says Moody’s assigns Baa3 rating to its $1 billion MTN program.
     
  • LT Foods to strengthen presence in European market. Plans to invest $20 million for overall branding and expansion.
     
  • Reliance Naval says IFCL has filed an insolvency petition against Reliance Naval and Engineering Ltd at National Company Law Tribunal (NCLT) Ahmedabad.
     
  • Bank of Baroda says LIC has cut its stake in the state-run bank by 2.05% points to 5.194% from 7.249% earlier, the lender said in a regulatory filing.
     
  • Allahabad Bank has set a medium term target to sell its 30% stake at Universal Sompo General Insurance Company as the government is insisting sale of non-core assets.
     
  • Hatsun Agro Product plans to raise funds by way of a rights issue. The Board will consider the proposal on December 6.
     
  • Mirza International announced that the Regional Director, Ministry of Corporate Affairs, Nothern Region has approved the Scheme of Arrangement between Hi-Life Fabricators with Mirza International.
     
  • Shoppers  Stop announced that the company and other sellers have transferred their entire equity shareholdings held in Hypercity Retail (India) to Future Retail and will receive a part of the cash consideration and share consideration consisting of 4,756,823 equity shares of Rs2 each of Future Retail.

We provide free profit calls for EQUITY,Forex & COMMODITY tips.If you want more information regarding the Stock cash tips, Nifty tips, Commodity tips, Equity tips,forex tips missed call @ 8966834895
Location: India

Comments

  1. Unknown24 September 2018 at 04:52

    Rudra Investment SEBI Registered company is one place that would help you achieve all your Target in With our Specialization and deep Research we provide Tips in Indian Share Market Free Intraday Tips , Best Services in all segments.

    ReplyDelete
  2. Dariya11 September 2020 at 23:13

    Nice post ! I am very interesting to read your blog content.Thanks for sharing.you may also check our blog
    Strides Pharma Share
    Nifty SmallCap
    Lauruslabs shares
    Emami Limited
    Lauruslabs shares


    ReplyDelete

Post a Comment

Popular posts from this blog

Asian markets trade higher; Shanghai Composite up 1.5%

Image
Equity tips:- Equities in Japan and China outperformed, with modest gains seen in Hong Kong. Asian stock markets were trading higher on Friday despite a lacklustre session for US shares amid concerns over a delayed Sino-American trade deal. Treasuries steadied and the dollar held gains. Equities in Japan and China outperformed, with modest gains seen in Hong Kong. Earlier, the S&P 500 spent most of the session fluctuating between gains and losses in thin trading, before edging lower at the close. News that a meeting to end the trade war with China won’t happen this month had weighed on sentiment. The pound was little changed as Prime Minister Theresa May won the endorsement of British politicians to seek to delay Brexit day. The yen was steady as the Bank of Japan cut its economic outlook while maintaining its policy stance. The Bank o...
Read more

Axis Bank slumps over 6% post quarterly earning

Image
Equity tips:- Shares of Axis Bank have slumped by over 6% in opening trades after announcing quarterly earning post market hours on Tuesday.  The stock opened at Rs 488 hit an intraday high of Rs 489 and an intraday low of Rs 482. Total traded volumes were approx 0.35mn shares. The quarterly results missed street estimates as NII for the quarter was 4.5% below street estimates of Rs.4741 crore. Also, net profit for the quarter was almost 66% down from street estimates of Rs.1298 crore. NII for the quarter remained flat at Rs.4539 crore vs Rs.4513 crore in previous year corresponding quarter. This was largely due to muted interest income growth to Rs.11235 crore vs Rs.11159 crore in Q2FY18. Asset quality of the bank deteriorated further as GNPA’s for the quarter rose by almost 67% yoy to Rs 27402 crore. As a percentage to total advances, GNPA’s for the quarter rose by 173 bps to 5.9% vs 4.17% in Q2FY17. While Net NPA’s also increased by 110 bps to 3.12% vs 2...
Read more

Asian stocks trade mixed; Nikkei 225 up ~1%

Image
Equity tips:- The S&P 500 Index climbed to a four-month high as it held above the key 2,800 level. Asian stock markets were trading mixed on Thursday as investors awaited a slew of economic data from China. The pound gave back some of Wednesday’s surge as traders positioned for the next steps in the Brexit saga. Shares edged higher in Hong Kong and Japan, were little changed in South Korea and fluctuated in China ahead of data including industrial production and retail sales. The S&P 500 Index climbed to a four-month high as it held above the key 2,800 level. Helping buoy sentiment was data showing US orders for business equipment increased in January by the most in six months and a producer price index signaled modest pressure on inflation. Treasury yields steadied and the yen weakened. The US data signaled a positive start to the...
Read more