Epic Research

Friday, June 17, 2016

Top stocks in focus in Today’s trade

Below are top stocks in focus today:
Concerned over no takers for the coal produced by Coal India (CIL), the Centre on Thursday asked state-owned power generation firms to immediately stop imports of the fuel and instead buy coal from the company. Stocks of the company 0.34 per cent up at Rs 308.25 (9.27 am).
Public sector lender Oriental Bank of Commerce on Thursday said the subscription to its proposed issue to raise Rs 1,000 crore capital through tier-II bonds opens on June 17. Stocks of Oriental Bank of Commerce were trading 1.05 per cent up at Rs 96.55 (9.30 am).

Sugar stocks: Government on Thursday imposed 20 per cent customs duty on sugar exports to boost domestic supply and check prices which are ruling high at Rs 40/kg.
Rating agency Fitch has affirmed ‘BBB-‘ rating to NTPC, indicating a low default risk on debt. Stocks of the company were trading 0.49 per cent up at Rs 152.50 (9.32 am).

V-Guard Industries has informed BSE that the Board of Directors of the company at its meeting held on June 16, 2016, considered and approved the proposal for splitting of equity shares of the company


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