Motilal Oswal
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Motilal Oswal
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Top stocks to watch out for on March 19: L&T, Mindtree, Reliance Communications

Updated : 2019-03-19 08:12:40

Indian shares are likely to open higher, extending gains from the previous session, while Asian shares remained muted as investors await the outcome of the US Federal Reserve meeting. Moreover, uncertainty over the Brexit deal in the UK also dampened sentiment in the global market. Here are the top stocks to watch out for in today's trade:

L&T, Mindtree: Engineering major Larsen & Toubro (L&T) on Monday signed a deal with Cafe Coffee Day (CCD) founder VG Siddhartha to buy his 20.32 percent stake in Mindtree at Rs 980 per share for Rs 3,269 crore, the company said in an exchange filing.. (stock image)
L&T, Mindtree: Engineering major Larsen & Toubro (L&T) on Monday signed a deal with Cafe Coffee Day (CCD) founder VG Siddhartha to buy his 20.32 percent stake in Mindtree at Rs 980 per share for Rs 3,269 crore, the company said in an exchange filing.. (stock image)
Tata Motors: Tata Motors-owned Jaguar Land Rover (JLR) is recalling over 44,000 units in the UK to rectify emission issues in models manufactured between 2016-19. (Image: Reuters)
Tata Motors: Tata Motors-owned Jaguar Land Rover (JLR) is recalling over 44,000 units in the UK to rectify emission issues in models manufactured between 2016-19. (Image: Reuters)
Jet Airways: Naresh Goyal, founder and chairman of Jet Airways on Monday assured his employees that the company will pay deferred salary dues on priority once all parties sign off on the resolution plan. (Image: Reuters)
Jet Airways: Naresh Goyal, founder and chairman of Jet Airways on Monday assured his employees that the company will pay deferred salary dues on priority once all parties sign off on the resolution plan. (Image: Reuters)
Reliance Communications and RIL: Nearly 15 months after Anil Ambani agreed to sell assets of Reliance Communications to a telecom firm run by elder brother Mukesh, the two groups on Monday called off the deal citing delays in approval from the government and lenders. (Image: Reuters)
Reliance Communications and RIL: Nearly 15 months after Anil Ambani agreed to sell assets of Reliance Communications to a telecom firm run by elder brother Mukesh, the two groups on Monday called off the deal citing delays in approval from the government and lenders. (Image: Reuters)
Hotel Leela Venture Limited (HLVL): The hotellier entered into a binding agreement with a fund sponsored by Canada's Brookfield Asset Management to sell four hotels owned by the group in Bengaluru, Chennai, Delhi and Udaipur and a property that it owns in Agra for Rs 3,950 crore, the company said in an exchange filing on Monday. (stock image)
Hotel Leela Venture Limited (HLVL): The hotellier entered into a binding agreement with a fund sponsored by Canada's Brookfield Asset Management to sell four hotels owned by the group in Bengaluru, Chennai, Delhi and Udaipur and a property that it owns in Agra for Rs 3,950 crore, the company said in an exchange filing on Monday. (stock image)
RCom: Racing against time to meet the Supreme Court's deadline, Anil Ambani led Reliance Communications (RCom) on Monday paid Rs 458 crore to Swedish telecom equipment maker Ericsson as directed by the Supreme Court. (Image: Reuters)
RCom: Racing against time to meet the Supreme Court's deadline, Anil Ambani led Reliance Communications (RCom) on Monday paid Rs 458 crore to Swedish telecom equipment maker Ericsson as directed by the Supreme Court. (Image: Reuters)
Adani Ports and Special Economic Zone (APSEZ) on Monday said its board has given nod for buyback of non-convertible debentures (NCDs) worth Rs 1,400 crore. (stock image)
Adani Ports and Special Economic Zone (APSEZ) on Monday said its board has given nod for buyback of non-convertible debentures (NCDs) worth Rs 1,400 crore. (stock image)
Allahabad Bank: The board meeting on March 26 will consider capital raising plan. (stock image)
Allahabad Bank: The board meeting on March 26 will consider capital raising plan. (stock image)
Infosys: Shareholders of IT services company Infosys have approved the reappointment of Kiran Mazumdar-Shaw as an independent director by an overwhelming majority, but the dissent votes cast totalled almost eight per cent. (Image: Reuters)
Infosys: Shareholders of IT services company Infosys have approved the reappointment of Kiran Mazumdar-Shaw as an independent director by an overwhelming majority, but the dissent votes cast totalled almost eight per cent. (Image: Reuters)
Canara Bank: The bank plans to raise long term foreign currency funds by issuing Senior Unsecured Bonds in the international markets to the extent of $500 million. (Image: Reuters)
Canara Bank: The bank plans to raise long term foreign currency funds by issuing Senior Unsecured Bonds in the international markets to the extent of $500 million. (Image: Reuters)
Majesco: The company acquired insurance software business in India issued by Majesco, USA, subsidiary company. (stock image)
Majesco: The company acquired insurance software business in India issued by Majesco, USA, subsidiary company. (stock image)
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