Top stocks in focus on 30 November 2017 - News Summed Up

Top stocks in focus on 30 November 2017


NEW DELHI: Domestic equity markets are likely to see a negative opening on Thursday, tracking Nifty futures on the Singapore Stock Exchange (SGX Nifty) and mixed global cues.At 8.02 am, Nifty futures trading on SGX were trading 50 points, or 0.48 per cent, down at 10,310, indicating a negative start for the Nifty50. Here is a list of top stocks that are likely to be in focus in today's trading session.Dr Reddy’s Laboratories said it has been served a securities class action lawsuit in the US for alleged violations of federal securities laws. The share buyback, which will be the first in the company's 36-year long history, will seeMacquarie has upgraded the rating of Coal India to outperform and set a target price of Rs 310 citing the underpermance of the stock to Nifty by 30 per cent since last year. “We strongly reiterate that at no stage of the manufacturing process, ash is added to Maggi noodles,” spokesperson said in an email statement late on Wednesday.Credit Suisse has maintained its neutral rating on Lupin with a target price of Rs 850 against the current market price of Rs 834 citing the limited upside as the resolution of the Warning Letter is likely to take a year. At the same time, “some level of consolidation is essential” for the salt-to-software conglomerate, which saw 64.1% of its total revenues in 2016-17 from global operations in over 100 countries, he observed.


Source: Economic Times November 30, 2017 02:38 UTC



Loading...
Loading...
  

Loading...

                           
/* -------------------------- overlay advertisemnt -------------------------- */