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CNBC-TV18's buzzing stocks for trade on February 4

Updated : February 04, 2020 08:43 AM IST

The Indian market is likely to open in the green on Tuesday as sentiment recovered from the disappointments of the Union Budget 2020 ahead of the RBI policy announcement. Also, the SGX Nifty, an indicator of the opening for the Nifty50, was trading higher by 44 points or 0.38 percent higher at 11,752 at 7:15 am, hinting at a positive start for the domestic market. Here are the top stocks to watch out for in trade today:

TCS: The company has expanded its long-standing partnership with Walgreens Boots Alliance. The contract is valued at over $1 .5 billion.

RIL: The company said that new production from KG D6 Project is on track to start by mid-2020 enhancing the utilisation of existing infrastructure.

PNB:  The board of the bank has granted permission to raise Basel-Ill compliant Tier-II bonds up to Rs 1,000 crore.

JK Cement: It commissioned one million tonnes per annum grey cement grinding capacity in Rajasthan, and 1.5 million tonnes in UP.

Deepak Nitrite: The company’s Q3FY20 profit jumped to Rs 157 crore from Rs 39.7 crore.

Affle India: Q3 profit increased 31.33 percent to Rs 21.45 crore, revenue rose 27.4 percent to Rs 94.46 crore, YoY.

GSK Pharma: The company reported a net loss of Rs 661.16 crore in Q3FY20 as compared to a profit of Rs 113.67 crore last year.

Thyrocare Technologies: Two centres of Nuclear Healthcare Ltd, its wholly-owned subsidiary, have been closed due to unfair business practices.

GMR Infrastructure: It has signed the concession agreement to commission and maintain the civilian enclave at the Bidar Airport.

United Spirits: Rating agency ICRA re-affirms rating of AA+ and A1+ on various instruments of the company.

 

(Disclaimer: Reliance Industries, the promoter of Reliance Jio, also controls Network18, the parent company of CNBCTV18.com)
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