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CNBC-TV18's buzzing stocks for trade on February 10
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CNBC-TV18's buzzing stocks for trade on February 10
Feb 9, 2020 11:42 PM

The Indian equity market is expected to open lower on Monday as the SGX Nifty was seen trading 32 points or 0.26 percent lower at 12,052.50 at 7:15 am, which indicates a negative opening for the Sensex and the Nifty50. Global markets fell after the death toll from coronavirus outbreak in China surpassed the SARS epidemic, raising alarm bells about its severity. Here are the top stocks to watch out for:

UltraTech Cement: The company is considering a proposal to raise funds by issuance of NCD on private placement basis worth Rs 250 crore on or after February 12.

Dr Reddy’s: Curis, a biotechnology firm focusing on the development of innovative therapeutics for cancer treatment, has entered into an amendment of its collaboration, license and option agreement with Aurigene, a subsidiary of Dr Reddy’s.

Maruti: The fourth-gen Maruti Suzuki Jimny, known for its robustness and off-roading capabilities despite its small size, was showcased at Auto Expo 2020.

UPL: The Indian tax authorities conducted searches at multiple locations of the company's premises in India.

HAL: HAL and JSC Rosoboronexport signed an MoU during the ongoing DefExpo 2020. The MoU envisages export of spares and services to friendly countries for which license has been given to HAL.

Ashok Leyland: The company, along with other investors, has entered into a Supplemental Share Purchase Agreement with Everfin Holdings, shareholder of Hinduja Leyland Finance Limited to acquire 7% stake at Rs 119 per share.

Indiabulls Housing Finance: The rating committee of CRISIL has revised the long-term rating of Indiabulls Housing Finance Limited to 'CRISIL AA' with ‘Stable’ outlook and the short-term rating has been reaffirmed at 'CRISIL A1+'.

Cipla: The company is expanding ‘women’s health’ portfolio through acquisition of 4 key brands from Wanbury.

Yes Bank: The bank received shareholders’ nod to raise up to Rs 10,000 crore via equity share issuance/convertible securities.

Tata Steel: Q3FY20 consolidated loss stood at Rs 1,228 crore versus a profit of Rs 1,753.1 crore in the same period last year.

Britannia: Q3FY20 profit rose 23.3 percent to Rs 369.9 crore while the revenue increased 4.9 percent to Rs 2,982.7 crore, YoY.

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