Top seven stocks to watch out for on Friday

Following are the top seven stocks to watch out for on Friday.

Tata Motors: The company has announced price reduction in cargo vehicles in the range of 0.3% to 4.21% and in passenger transportation vehicles in the range of 0.6% to 8.2% post-GST to pass on the benefits to its customers.

Gayatri Projects: The Government of Singapore Investment Corporation (GIC) has acquired a 6.2% stake in Gayatri Projects in a block deal of about Rs 165 crore, on Thursday.

Unichem Laboratories: The company has received USFDA nod for Quetiapine Fumarate tablets.

InterGlobe Aviation: The company has confirmed its interest in snapping up the international operations of troubled state-run Air India.

IDFC Bank: IDFC and Shriram groups are in talks to combine all or some of their businesses in a mega union that could straddle traditional banking, consumer lending and truck financing.

Glenmark Pharmaceuticals: The company has got USFDA approval for Olmesartan Medoxomil tablets.

HPCL and ONGC: The Cabinet is likely to consider sale of government’s 51% stake in Hindustan Petroleum Corporation (HPCL) to Oil and Natural Gas Corporation (ONGC) about Rs 26,000 crore.

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