Top Ten Stocks in focus on Thursday, 08 September 2016
The Indian market is expected to open flat on Thursday tracking muted trend seen in other Asian markets.
Here is a list of Top Ten Stocks that are likely to be in focus today
ONGC: State-owned Oil and Natural GasBSE 2.45 % Corp (ONGC) reported a 21 per cent drop in its June quarter net profit as oil prices slumped and its output fell.
GAIL India: Net profit in April-June 2016 at Rs 1,335 crore compared with Rs 388 crore in the same period a year ago, the company said in a statement here.
Aptech: The share price of IT training services firm Aptech rose by 10 per cent on Wednesday as company promoter and people close to them picked up a large chunk of shares from open market.
PNC Infratech : The National Highways Authority of India (NHAI) today said it has awarded a Rs 820 crore highway project in Rajasthan to PNC Infratech.
Wipro: Wipro said it would take ‘all legal steps’ to recover withheld payments from its Rs 1182 crore seven-year contract with the Employees State Insurance Corporation.
SAIL : Alloy Steels Plant (ASP), Durgapur – a unit of Steel Authority of IndiaBSE 3.95 % Limited (SAIL), has indigenously produced a specialty low alloy steel to serve as a cheaper alternative to steel used in the ‘Agni’ missile.
Motherson Sumi: Auto component major Motherson Sumi Systems LtdBSE 0.34 % (MSSL) will be acquiring the automotive business unit of Abraham and Co Ltd in Hungary for about Rs 77 crore.
Ashok Leyland: Nine years after Nissan and Ashok Leyland signed an agreement for three joint ventures, the partners have decided to part ways after a brief acrimony where each one dragged the other to court.
Yes Bank: Yes BankBSE -2.72 % on Wednesday launched a qualified institutional placement issue to raise $1 billion, a move that will help the private sector lender expand while bolstering its capital base.
Asian Hotels: Asian Hotels reported a net profit of Rs 57 lakh for the quarter ended June 30 compared with Rs 1.6 crore reported in the year-ago period.