Aviation stocks, Vakrangee, Tata Motors among top 10 stocks

Vakrangee announces strategic tie-up with Ricoh India. Ricoh India to deploy multi-functional printers at various Vakrangee Kendras. Company to provide managed print services on pay per unit model. Vakrangee Kendra provides last mile banking services. Vakrangee Kendra does B2C transactions in telecom like mobile recharge. Vakrangee Kendra does banking & insurance work like bank a/c opening.Nomura View on Bharat Forge Maintain Neutral on stock. Volvo says truck production in North America to be adjusted lower. Lower demand, higher inventories to impact truck sales in North America. Order inflows for Class 8 trucks fell 45 percent Year on Year in October 2015. 8th consecutive month of decline in orders for trucks in North America. Gets 20 percent of standalone revenue from North America truck segment. Cut CV growth expectations to -5 percent for FY17.Sensex Rejig with effect from December 21. To include Adani Ports & Asian Paints. To exclude Vedanta & Hindalco. Adani Ports & Asian Paints were already part of Nifty. No ferrous representation in the Sensex now.Strides Shasun has received approval from the US health regulator to market Dutasteride capsules, used in treating enlarged prostate gland, in the American market. The company has received approval from the US Food and Drug Administration (USFDA) to market Dutasteride capsules in the strength of 0.5 mg, Strides Shasun said in a regulatory filing. According to IMS sales data, the US market for Dutasteride capsules is around USD 470 million.
"The product has gone off patent on November 20 and Strides Shasun is amongst the first wave of generic players to receive this approval," the firm said. The company will manufacture the product at its oral dosage facility at Bengaluru.Aviation Stocks: Delhi government hikes VAT on Aviation Turbine Fuel by 5 percent. VAT on ATF to now be at 25 percent versus 20 percent earlier. Hike in VAT may be passed on to end-consumer. Ticket prices may be raised to pass on VAT hike. ATF prices in Delhi currently at Rs 44,846.8/kl. ATF constitutes 40-45 percent of airlines' operating cost.UPL will have a board meet today. Board to consider Scheme of Amalgamation of Advanta with company. UPL is listed as promoter for Advanta. Promoters UPL, Nerka Chem, Uniphos along with Jaidev Shroff family hold 59.5 percent in Advanta. Advanta could benefit from UPL's presence in Mexico, Brazil, Colombia, China. UPL could benefit from Advanta's mkt presence in Thailand, Australia. Administrative expenses, interest and taxes may see reduction.Jute Companies in focus post anti-dumping duty. Cheviot Q2 Profit at Rs 12.5 crore versus Rs 7.6 crore. Q2 Sales at Rs 102.8 crore versus Rs 76.4 crore. Market cap at Rs 356 crore. BSE delivery percent at 51 percent. Ludlow Jute Q2 Profit at Rs 3.08 cr versus Loss of Rs 99 lakh. Q2 Sales at Rs 105 crore versus Rs54 crore. Market cap at Rs 61 crore. BSE delivery percent at 75 percent. Goldman Sachs view on Tata Motors Downgrade to Sell from Neutral. Revise 12-month target to Rs 363/share from Rs 369/share. Market has priced in better H2 volumes & margins.  IDFC Bank circuit filter revised from 5 percent to 20 percent. Stock out of Trade to Trade segment. Circuit filter revision to enable better price discovery. Stock falls by 7 percent since listing on November 6.