A recommendation is proposed to impose Anti Dumping Duty on the import of Cold Rolled products. This action will give big benefits to the steel manufacturing companies like SAIL and JSW Steel. Both Cell and JSW stocks are trading with minor hike, but expected to rise high today.
The board of Fortis Healthcare has approved the demerger. A restructuring panel is made to raise the 5000 crore fund. Company’s stock took a big jump after the approval and currently trading with the hike of 0.50%.
Oberoi Realty may create a joint venture with Morgan Stanley and GIC to build malls. Oberoi Realty has already gained 1% hike in the morning and this new deal will boost up the Oberoi Realty’s stock.
Deepak Fertilizer will start a new project in Gujarat with the investment of 550 crore rupees. This project is expected to be completed on the second half of financial year 2018. Company stock has gained 1.96% after the announcement and expected to rise high in the near future.
Free Stock Tips for Today : 5th August
Buy JSW Steel above: 1722.25 Targets: 1731.77 — 1742.19 — 1752.64 Stoploss : 1711.89
Buy SAIL above: 47.84 Targets: 47.96 — 48.10 — 48.25 Stoploss : 47.70
Buy Fortis Healthcare above: 189.06 Targets: 192.42 — 195.90 — 199.42 Stoploss : 185.64
Buy Oberoi Reality above: 306.25 Targets: 310.49 — 314.90 — 319.36 toploss : 301.89
Buy Deepak Fertilizer above: 172.27 Targets: 175.47 — 178.80 — 182.16 Stoploss : 169.00