DLF stocks will be in focus as its promoters KP Singh family will sell their 40 per cent stake in the company’s rental arm DLF Cyber City Developers for an estimated Rs 14,000 crore to institutional investors. (Express Photo)
The BSE ensex and NSE Nifty opened on a strong note on Friday tracking firm global cues. At 9.22 am, Sensex was up 258.03 points at 27,103.84. Similarly, Nifty was up 73.30 points at 8,202.65.
Below are the stocks that are likely to be in focus
Rajesh Exports: The jewellery firm has bagged an export order worth Rs 1,360 crore for gold and diamond studded jewellery and medallions from the UAE.
8K Miles Software: The cloud solutions provider 8K Miles Software on Thursday reported a 111 per cent rise in net profit to Rs 8.74 crore for the September quarter, with its revenue jumping 126 per cent to Rs 61.09 crore.
RIL and ONGC: A reputed international consultant D&M is believed to have opined that some natural gas from ONGC’s idling Bay of Bengal gas fields may have flown out through the adjoining, connected KG-D6 fields of Reliance Industries.
DLF: DLF promoters KP Singh family will sell their 40 per cent stake in the company’s rental arm DLF Cyber City Developers for an estimated Rs 14,000 crore to institutional investors.
Power Grid Corporation of India: The company has incorporated a wholly owned subsidiary (WOS) company named ‘Grid Conductors’ to manufacture aluminium and aluminium alloy electricity conductors at an estimated cost of Rs 127.35 crore on September 15, 2015.
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