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Top 10 stocks to track in trade today

  1. HDFC: Morgan Stanley maintains overweight and has raised its target price from Rs 1,010 to Rs 1,125. HDFC's top line is expected to grow at over 20 per cent over next three years, the investment bank says.
  2. Infosys, HCL Tech: CLSA maintains outperform saying deal pipelines are at record levels.
  3. Tata Motors: UBS maintains sell with a target of Rs 260 saying margin expansion will be challenging. Moderate growth is expected in China, UBS adds.
  4. Bajaj Auto: Q4 sales seen up 4.7 per cent at Rs 4,791 crore, while net profit is seen down 8 per cent at Rs 702 crore.
  5. Wockhardt, GSK Consumer, Oil India, Apollo Hospital: These stocks may gain as they have been added to the MSCI Index. The changes will be effective from June 03, 2013.
  6. Mahindra Satyam: Q4 sales seen flat (quarter-on-quarter) at Rs 1,942 crore, while (adjusted) net profit is seen up at Rs 331 crore.
  7. United Spirits: Q4 sales jumped 11 per cent to Rs 2,094 crore, while net profit rose to Rs 56 crore (against Rs 10 crore a year ago). Margins expanded by 90 basis points to 11.3 per cent. Total debt (Rs 1,916 crore) and interest outflow (Rs 157 crore) for 2012-13 continued to be high.
  8. TTK Prestige: Q4 sales seen rising 27 per cent to Rs 302 crore, while net may rise 30 per cent to Rs 25.7 crore.
  9. DLF: India's biggest real estate company by market value has priced its $345 million share issue at Rs 230 each, it said in a statement late on Wednesday. The company had launched the issue on Tuesday and set a price band of Rs 222 to Rs 233. The offer was fully covered on the day of the launch. DLF, 78.58 per cent owned by its founders, is selling shares to meet the market regulator's requirement of having at least 25 per cent public shareholding, which is mandatory for Indian listed companies.
  10. Tata Power, Adani Power: May correct as Haryana state electricity board has opposed CERC's decision favoring tariff hike.