Monday, September 3, 2018

Top Stocks in focus today: Hotel Leela, VST Tillers, Marico

Tillers reported Power tillers sales at 1,646 units and tractors sales at 517 units for August.

Hotel Leela Ventures clarifies that it is in discussion with three to four investors including Brookfield to reduce debt.

Marico targets up to 10% volume growth, healthy market share gains in 5 years.

MTNL to seek shareholders’ approval for raising authorised share capital from Rs800cr to Rs10,000cr and borrowing powers by almost 40% will aid the company's 4G plans, as per a media report.

Reliance Infra has paid Rs 2,640cr outstanding electricity dues to Maharashtra government.

Yuken India fixes September 14 as the record date for its bonus issue. The ratio for this issue is set at 3:1.

Persistent Systems’ US arm acquires 100% stake in Herald Technologies for $5.2mn.

GTL Infrastructure’s certain distressed loans have been brought by Bank of America Merrill Lynch and Edelweiss Asset Reconstruction Co. for about Rs1,400cr.

Maruti Suzuki’s parent aims to treble sales volume by 2030 in India, retain 50% of Indian car market, a media report said.

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