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Top Ten stocks in Focus on Monday, 10 October 2016

The Indian market is expected to open higher on Monday tracking positive trend seen in other Asian markets.

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

JSW Steel: The estimated reserves of the five mines is 111 million tonnes, was won by the JSW Steel at the auction held between October 1-6, said a media report.

Deepak Nitrite: Deepak Nitrate via special resolution approved the issue of equity shares through qualified institutional placement.

A2Z Infra Engineering: The company has bagged order worth Rs 96 crore from Jharkhand Urja Sancharan Nigam (JUSNL). The order is for design, engineering, supply, erection, testing and commissioning on turnkey basis of deposit work of SAIL.

JK Paper: JK Paper has acquired all the remaining 16,865 fully paid equity shares of Rs 10 each (1.03%) of JK Enviro-Tech (JKETL), the subsidiary of the Company. Consequently, JKETL has now become a wholly owned subsidiary of the company.

Essar Oil: The Indian conglomerate aims to sign a binding deal in the next two weeks to sell 49% of Essar OilBSE -0.15 % to Rosneft, according to the people, who asked not to be identified because the information is private, said a media report.

MOIL: Moil Ltd has submitted to BSE a Post-Buyback public announcement for the buyback of 3,48,12,196 fully paid-up equity shares of the Company of the face value of Rs. 10 each at a price of Rs 248 per equity share on a proportionate basis from the equity shareholders of the Company, through the tender offer route.

Repco Finance: The Central Bureau of Investigation (CBI) conducted searches at the houses and offices of R.Varadharajan, Managing Director, Repco Home Finance Limited (RHFL) and some key officials of the firm on Saturday.

Maruti Suzuki: Encouraged by the strong response to the locally developed Vitara Brezza, Suzuki Motor has given Indian unit Maruti Suzuki the responsibility to develop a new-generation Alto to strengthen its hold in the entrycar space.

Tata Steel: Indian steel giant Tata Steel is believed to be edging closer to striking a new deal over the 15-billion-pound pension pot that stands in the way of an agreement over of its UK steelworks, according to a media report.

Oil India Ltd: State-run Oil India has received environment clearance for Rs 220-crore development drilling project in Jaisalmer district of Rajasthan.