Top 10 Stocks in focus on Monday, 2 January 2017
Here is a list of 10 Stocks that are likely to remain in focus on Monday in response to various news triggers
Maruti Suzuki India: Country’s largest car maker Maruti Suzuki IndiaBSE -0.44 % (MSI) reported 1 per cent decline in total sales at 1,17,908 units in December 2016 as against 1,19,149 units in the year-ago period.
Eicher Motors: Royal Enfield, the two-wheeler division of Eicher Motors, reported a 42 per cent jump in total sales at 57,398 units in December 2016. The two-wheeler manufacturer had sold 40,453 units in December 2015, Eicher MotorsBSE 2.66 % said in a BSE filing.
Siemens: In a major land deal, realty firm K Raheja Corp and Singapore’s sovereign wealth fund GIC will jointly purchase a property located at Worli, Mumbai for Rs 610 crore from Siemens.
Bombay Dyeing: Bed and bath linen retailer Bombay Dyeing & Manufacturing Co said it has inked an agreement for sale of land, building and some machinery of Ranjangaon unit at an aggregate value of Rs 174.45 crore.
Premier Explosives: The company has bagged an order worth Rs 33.18 crore from the Ministry of Defence for supplying chaffs and flares.
Transformers and Rectifiers (India): The company has informed bourses that it has been awarded the order for 40 No. of 15MVA and 40 No. of 20MVA Power Transformers with Natural/synthetic Ester Oil of 66 kV Class amounting to Rs 92 crore from Gujarat Energy Transmission Corporation Limited (GETCO).
SBI, PNBBSE -0.82 %, Union Bank: Public sectot banks State Bank, Punjab National BankBSE -0.82 % (PNB) and Union Bank on Sunday slashed their benchmark lending rates by up to 90 basis points, a day after Prime Minister Narendra Modi asked banks to priorities their lending towards the poor and middle class.
Mahanagar Gas: The company on Sunday launched CNG-fueled two-wheeler, whose cost of running comes to 60 paise a kilometre and will also help in cutting emission level.
Lakshmi Vilas Bank: Private sector Lakshmi Vilas BankBSE 0.56 % has raised Rs 167.8 crore through issuance of 1.19 crore equity shares on qualified institution placement (QIP) basis.
IOC,BSE 0.48 %, BPCLBSE 1.14 %, HPCL: Oil marketing companies increased petrol prices by Rs 1.29 a litre — the third increase in a month, and diesel rate was raised by 97 paise a litre — the second hike in a fortnight.