Thursday 27 December 2018

Stocks in the news: Sun Pharma, NTPC, Tata Global, Cimmco, Titagarh Wagons, HUL


Here are stocks that are in the news today:

Sun Pharma: Subsidiary DUSA Pharmaceuticals gets relief from US court in patent infringement case.

Hindustan Unilever: Company said NAA order refers to need to pass on benefit of cut in rates to consumers and the order is fully consistent with HUL's stand & actions.

NTPC: Investment approval has been accorded for Bilhaur Solar PV Project of 140 MW capacity and Auraiya Solar PV Project of 20 MW capacity.


Tata Global Beverages: CARE reaffirmed its A1+ rating in respect of company's securities and borrowings for commercial papers of Rs 715 crore.

Fedders Electric and Engineering: Sanjay Chugh, Practicing Company Secretary resigned as the Secretarial Auditor of the company, due to some inevitable circumstances.


Jetking Infotrain: Board appointed Swati Gaikawad Bhatt as an Additional Director (designated as Independent Director).

Vista Pharmaceuticals: Board approved the allotment of 8,37,720 equity shares on conversion of 8,37,720 convertible warrants to Vasant V Alli, the promoter of the company.

Mawana Sugars: Board appointed Manju Vira Gupta as an Additional Director (under the category of Non-Executive Independent Woman Director).

Lesha Industries: Board and approved sub division of equity shares of the company from existing face value of Rs 10 per share to Re 1.

YKM Industries: Anil Jain, a part of the promoter group of company, will be selling 6,06,665 equity shares (representing 13.51 percent of the total equity) through Offer for Sale route on December 28 and December 31.

Cimmco: Titagarh Wagons, a part of the promoter group of company will be selling 15,43,090 shares (representing 5.64 percent of total equity) through Offer for Sale (OFS) route on December 27 and 28.

Blue Coast Hotels: Dilip Bhagtani has resigned from the post of Chief Financial Officer of the company.

Aurionpro Solutions: Carol Realini, Independent Director of the company, has resigned from the directorship.

Man Industries: Sebi slapped Rs 10 crore fine on 3 promoters of the company for failing to make an open offer to the company’s shareholders.

Cadila Healthcare: Zydus gets tentative US FDA nod for Febuxostat used for reducing production of uric acid in the body

Shanthi Gears: Board approved buyback of shares – 6.12 percent equity at Rs 140ps

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Source: Moneycontrol

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