Stock In news

Escorts :By selling off its non-core assets it has steadily been able to decrease leverage in its books and has seen a turnaround if sorts this year. One may look at this stock for investment purposes. It expects to do good in the firm equipment sector.

Bharti Airtel: The stock may do well in the coming days as the worst is almost over. The ARPUs are at their all time low. The ZAIN deal is expected to be EPS accretive. The Stock may be bought at current levels with a target of Rs. 300 in 6 months time.

Lanco Infratech is a stock which has moved up rapidly. But the positive news on the stock is on commisioning of 2500 MW of plants. The financial closure for a couple of projects may be acheived very soon. The stock may be researched further for Investment purposes.

BGR energy is also in the buzz given the company is in fray for 2 large EPS orders of Suratgrah and Chhabra. Also the bulk tendering would be eligible to re-bidding. The stock may researched further for Investment purposes.

C&C Constructions Limited (C&C), a Gurgaon based Infra development firm with presence in India and Afghanistan. It is into transportation engineering, Commercial Buildings, Water Sanitation and Sewerage, railways and transmission tower Sectors. It has had a tremendous growth in its order book. Execution of projects in difficult terrains translates into higher EBIDTA margins. It has ownership of high end equipment hence ability to execute on time. Foray into BOT ( Build Operate Transfer) projects. 70% of the contracts are Government contracts and other multilateral agencies which entails timely payment. The stock may researched further for Investment purposes.

Sobha Developers is one of the South India's real estate and construction company. It has contructed 36 m sq ft of real estate and contract projects. With presence in bengaluru which one of the most stable real estate markets and which has a huge employment potential it is best positioned to capitalize on bengaluru growth. Sobha is also the preferred contractor for Infosys.
It is expected to improve its leverage position from the cash flows from its ongoing projects.
The stock may researched further for Investment purposes.

Maytas Infra might sell 20% stake to Saudi Binladin Group's SBG Projects Ltd. Some activity may be seen in this stock.

Dr. Reddys might also be in action as it plans to sell off its domestic formulations business after demerging its businesses.

ICICI Bank may see some actions as Bank of Rajasthan employees go on strike for 3 days starting today.

Hindalco might see action as novelis plans to bid for Rio Tintos Alcan unit.

IDFC plans to sell 26% stake in its AMC business to a foreign player.