Ten Stocks in Focus on Tuesday, 27 December 2016
Domestic equity markets are likely to open on a flat note with positive bias on Tuesday tracking Nifty futures on the Singapore Stock Exchange (SGX Nifty) and mixed global cues. SGX Nifty was trading 11 points, or 0.14 per cent, up at 7,922 in morning trade, indicating a soft start for NSE Nifty index. Asian
stocks were little changed on Tuesday, in thin trade and with little to guide them as most major markets were closed on Monday for Christmas holidays, while the dollar reclaimed some of its losses from Monday. Nikkei index was trading higher by 0.26 per cent, while Shanghai was down by 0.09 per cent.
Here is a list of 10 stocks that are likely to remain in focus on Tuesday in response to various news triggers
Jet Airways: Airline major Jet Airways on Monday said that it will introduce its wide-body Airbus A330 aircraft on certain additional domestic and international routes.
Capital First: The company informed bourses that the meeting of the Debenture Committee of the board of directors will be held on Dec 29, to consider and
approve the private placement of rated, listed, secured/ unsecured/ perpetual, redeemable, non-convertible securities in the nature of debentures to be
listed on the debt market segment of the National Stock Exchange of India.
Shilpa Medicare: Drug firm Shilpa Medicare has raised around Rs 172.42 crore by allotting 30,25,000 shares to Mauritius-based TA FII Investors Ltd.
RCI Industries: The company has informed bourses that the meeting of board of directors is scheduled to be held on Dec 30 to consider and approve the issue of equity shares on preferential basis.
Future Enterprises: The company has sold 16.09 per cent of equity share capital Future Lifesyle Fashions Ltd. This shares has been bought on floor of exchange by Future Corporate Resources Ltd, a promoter group company, by way of inter-se transfer under block deal mechanism at prevailing market rate at time of trade.
Bharti Airtel: Telecom operator Bharti Airtel has awarded an over $120-million (Rs 816 crore) network modernisation and expansion contract to Swedish gear maker Ericsson for Delhi, as the company looks to spruce up service and counter the threat from Reliance Jio Infocomm in the country’s most lucrative market.
Empee Distilleries: The board of the company has withdrawn the proposal for sale of 19.5 million shares of 10 rupees each in Empee Hotels.
Apollo Hospitals Enterprise: Apollo Hospitals informed stock exchanges that the company has issued a Letter of Comfort for an aggregate sum of Rs 37.10 crore to ICICI BankBSE -0.30 % in connection with the sanction of credit facilities in favour of its step-down subsidiary, “Alliance Dental Care Limited, Chennai”.
Emami Infra: Emami InfrastructureBSE 0.27 % has informed stock exchanges that the Calcutta High Court has passed an order dated October 31, 2016 for dissolution without winding up of the transferor companies, ie Emami Realty and Emami Rainbow Niketan and that they be dissolved from the date of filing of the order with the Registrar of Companies, West Bengal.
Union Quality Plastics: The company announced that the meeting of the board of directors of the company is scheduled to be held on Dec 29, to consider and approve forfeiture of 1,01,700 partly paid up equity shares.