Last Updated: Wednesday, December 6, 2017

Stocks likely to be in action today



Here is a list of top stocks that are likely to be in action today i.e. on 6th December, 2017; 


Stocks likely to be in action today

Bharti Airtel: CLSA has reiterated ‘buy’ rating with a target price of Rs 640 on account of improvement in tenancy growth, sustained margin and profitability of the company. 

Reliance Communications: Two major Chinese lenders of the company plan to support a move by China Development Bank to put the company into insolvency court.



Atul Auto: Net profit of Atul Auto rose 23.51 per cent to Rs 16.97 crore in the quarter ended September 2017 as against Rs 13.74 crore during the previous quarter ended September 2016 while revenue rose 11.35 per cent to Rs 158.90 crore in the quarter ended September 2017 as against Rs 142.70 crore in same period.



Rico Auto: Net profit of the company declined 36.59 per cent to Rs 11.94 crore in the quarter ended September 2017 as against Rs 18.83 crore during the previous quarter ended September 2016. While topline revenue rose 10.78 per cent to Rs 299.99 crore in the quarter ended September 2017 as against Rs 270.79 crore during the same period.

VRL Logistics: HSBC has retained ‘buy’ rating on VRL Logistics with a target price of Rs 480. 

5paisa Capital: Nirmal Jain the promoter of the company bought 1.28 lakh shares or 1 per cent as additional stake at Rs 191.22 per share. 


Idea Cellular: There is news in Dalal Street that Idea-Vodafone merger is likely to close faster.

Reliance Power: Asian Development Bank (ADB) has approved debt financing and partial risk guarantees totalling $583 million, or about Rs 3,754 crore.


Lux Industries: Lux Industries reported a 21.74% Year on Year decline in net profit at Rs 13.32 crore for the quarter ended September 30 compared with Rs 17.02 crore profit during the same quarter last year while operating revenue declined 14.69 per cent YoY to Rs 223.44 crore for the  same quarter. 

Dalmia Bharat Cement: Dalmia Bharat Cement has entered into an agreement with the Piramal Bain Resurgence Fund to bid for debt-laden Binani Cement.

Sanofi: Pharmaceutical company Sanofi will continue to seek Phase III clinical trial waiver in India for dengue vaccine.

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