stocks in focus in Wednesday morning trade
stocks which are likely to be in focus today:
ONGC: State-owned Oil and Natural GasBSE -0.91 % Corp ( ONGCBSE -0.91 %) has paid a whopping Rs 272,721 crore in fuel subsidy over the past 11 years, denting its profitability.
RIL Ltd: Reliance Jio Infocomm signed a tower sharing deal with Ascend Telecom Infrastructure, which will help the telecom unit of Reliance IndustriesBSE 0.12 % roll out its much-awaited high speed data and voice services faster and at a lower cost across India.
Coal India Ltd: Coal IndiaBSE -1.40 % plans to form a panel of consultants which would help the PSU in acquiring, developing and operating coal mines overseas. The coal major is eyeing assets abroad to meet the domestic demand.
JK Lakshmi Cement: The Cement major said its Rs 1,500 crore manufacturing facility at Durg in Chhattisgarh will start production by the October-December quarter taking the overall capacity to around 10 million tonnes per annum.
'BUY' or 'SELL' ideas from experts for Wednesday, 04 June
NEW DELHI: Indian markets are expected to trade in a range on Wednesday tracking muted trend seen in other Asian markets.
JK Laksmi Ltd is a 'BUY' call with a target of Rs 210 and a stop loss of Rs 193
Monnet IspatBSE 3.61 % & Energy Ltd is a 'BUY' call with a target of Rs 153 and a stop loss of Rs 137
Advanta LtdBSE 2.65 % is a 'BUY' call with a target of Rs 305 and a stop loss of Rs 270
Hero MotoCorpBSE -0.37 % Ltd is a 'BUY' call with a target of Rs 2525 and a stop loss of Rs 2435
BHELBSE 1.65 % is a 'BUY' call with a target of Rs 275 and a stop loss of Rs 250
Cairn India LtdBSE 0.58 % is a 'BUY' call with a target of Rs 370 and a stop loss of Rs 347
Indiabulls Real EstateBSE 0.00 % Ltd is a 'BUY' call with a target of Rs 105 and a stop loss of Rs 93.50
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