Here are top 10 stocks that are buzzing today

Here are top 10 stocks that are buzzing today

Here's a list of top 10 buzzing stocks in news mostly due to their delivery status, deals etc.

L&T  reports indicates that company plans listing of L&T Infotech by December. It has a plans to raise Rs 1,600-1,800 crore by diluting 10-12 percent stake. Eyeing a valuation of USD 3 billion. Bankers to listing are Kotak, Citi, Barclays, SBI Cap. L&T Infotech is a IT services and solutions arm of L&T. Company contributes 8 percent to consolidated revenues FY15 year on year. Revenue rises 19.4 percent at Rs 7,589 crore versus Rs 6,350 crore. EBITDA at 20.4 percent versus 22.2 percent. Size will be lower than top 5 IT companies. Size will be bigger than listed midcap companies.

SUN TV  reports indicate that PMO weighs in on Sun TV issue. The Ministry of Home Affairs & I&B Ministry in a stand-off. They are Stand-off over denial of security clearance to 33 channels of Sun TV. The Security clearance denied due to various charges on promoters. Sources says, PMO has found more merit in Home Affairs argument. Any concession to Sun TV will help other promoters in major scams. PMO questioned need for I&B Ministry to seek AG's opinion in this case. 

Morgan Stanley maintain overweight on Hindalco  . It cut target to Rs 145/share from Rs 172/share. Cut EPS est by 16 percrent for FY16 & 10 percent for FY17. Indian business to continue to improve with rising utilisation. Aided by improved availability of coal at Mahan & Aditya smelters. Weak aluminum prices may hinder earnings growth in H1FY16. Novelis will contribute about 60% of consolidated EBITDA in FY16.

Morgan Stanley maintain overweight on Nalco . It downgrade to Underweight from Equalweight. It cut target to Rs 38/share from Rs 49/share. Cut EPS forecasts by 15 percent for FY16 & 9 percent for FY17. Forecast year on year. EBITDA declines of 23 percent in FY16 & 1 percent in FY17. Cut forecast for aluminum prices; though demand remains robust.

Morgan Stanley maintain overweight on NMDC   downgrade to Equalweight from Overweight. Cut target to Rs 126/share from Rs 203/share. Cut EPS forecasts by 37 percent each for F16-F17. Cut iron-ore price forecast by 17 percent for FY16 & 12 percent for FY17.

Indiabulls Real Estate  's Delivery percent at 16 percent. Delivery quality at 92.9 lakh shares versus 10-day average of 11.9 lakh shares.

Karnataka Bank  's Delivery at 21 percent. Delivery quality at 14.8 lakh shares versus 10-day average of 2.9 lakh shares.

Havells  Delivery percent ast 62 percent. Delivery quality at 8.2 lakh shares versus 10-day average of 3.1 lakh shares. 

Oberoi Realty  's Delivery percent at 75 percent. Delivery quality at 6.3 lakh shares versus 10-day average of 1.05 lakh shares.

Happy Investing

Source:Moneycontrol.com