Domestic equity markets are likely to have opened in green today, 13th June 2017 following Nifty futures on the Singapore Stock Exchange (SGX Nifty) and mixed global cues.
Here is a list of top stocks that are likely to be in focus today:
Allahabad Bank: State-owned Allahabad has cut MCLR rates for various tenors in the range of 0.10-0.15 per cent with effect from Monday.
Sagar Cements: The Hyderabad-based Sagar Cements is expecting around 18 per cent jump in its production to 2.6 million tonnes in FY 2017-18. The company is also targeting an overall market growth of 10 per cent on consolidated basis from its captive market spread between South Maharashtra and Odisha.
Reliance Capital: The board of directors of Reliance General Insurance Company Ltd (RGI), a 100 per cent subsidiary of Reliance Capital, on Monday approved a proposal to independently list the company on the stock exchanges. The independent listing of Reliance General Insurance Company Limited is expected to unlock substantial value for all stakeholders.
Reliance Communications: According to Bloomberg, Reliance Communications has approached Citic Telecom International Holdings as it makes a fresh attempt to attract a buyer for its undersea cable unit.
Jeevan Scientific Technology: The company on Monday announced that the USFDA conducted an un-announced audit of its corporate and clinical pharmacology centre facilities. The purpose of this audit was to review the BA/BE studies. The auditor started the review on June 5, 2017 and completed on June 8, 2017. No 483 observations were issued.