SEBI Registration No - INA000003197 Investment in stock and commodity market are subject to market risk. Please do not trade on those tips which are not provided through SMS.


Top Ten Stocks in Focus on Friday, 02 September 2016

The Indian market is expected to open flat on Friday tracking muted trend seen in other Asian markets.

Here is a list of Top Ten Stocks that are likely to be in focus today

PVR: Asia’s largest film group and theatre operator Wanda Cinema, owned by China’s richest man, Wang Jianlin has revived talks with Ajay Bijli, the promoter of PVR LtdBSE 4.89 %, to buy a controlling stake in India’s largest multiplex
operator, said at least four sources aware.

Tata Motors: Tata Motors reported a 6 per cent increase in total sales at 43,061 units in August. The company sold 40,679 units in the same month last year.

RIL: The official panel’s report on the Reliance-ONGC gas dispute has left the government in a fix as the report has not quantified the compensation to be paid for the gas that flowed into RIL’s block.

Coal India: The government’s plan to push Coal India to produce one billion tonnes of coal by 2020 has taken a back seat as officials now think that the Indian economy is not yet equipped to consume the quantity and huge unsold stocks are a testimony to it.

JSPL: A hard-nosed global fund has pulled the plug on debt-laden Jindal Steel and PowerBSE -2.20 % (JSPL), a listed company led by the Congress man Naveen Jindal.

Mphasis : World’s largest alternate asset manager, Blackstone Group has concluded its acquisition of a controlling 60.5 per cent stake in IT services firm Mphasis from Hewlett-Packard Enterprise (HPE).

Essel Propack: Packaging firm Essel Propack reported 6.63 per cent increase in its consolidated net profit for the June quarter at Rs 37.62 crore. The company had posted a net profit of Rs 35.28 crore in the corresponding period last year, Essel Propack said in a BSE filing.

NTPC: State-run NTPC LtdBSE -0.32 % has decided to snap power supply to BSES DISCOMS in eastern and central parts of Delhi from Sunday midnight because of non-payment of dues amounting to Rs 961.58 crore.

TVS Motor Company: The two-wheeler company posted a growth of 20.5 per cent in sales during August 2016, with total sales increasing to 274,303 units
from 227,653 units recorded in the same month of last year.

Trent: Reserve Bank has restricted foreign investors to increase stake further in Tata Group departmental firm Trent as the permissible limit has been crossed.