Here are stocks that are in the news today:
Majesco: USA subsidiary announces Norman Carroll as Managing Director of European operations.
MSTC IPO opens today for subscription, price band Rs 121-128 per share
January IIP at 1.7% versus 2.6%, February CPI at 2.57% versus 1.97%, MoM
NMDC: Board of directors declared an interim dividend at the rate of Rs 5.52 per share of face value of Re 1 each for the financial year 2018-19.
Avenue Supermarts: Company has issued commercial paper of Rs 100 crore.
Infosys Finacle Partners Hatton National Bank to Pioneer Blockchain-Based Trade Finance in Sri Lanka
Raymond: Company terminated development management agreement with Colorplus Realty Limited for developing its realty project - 'Raymond Realty Phase I' and in order to gain better operational efficiencies and control on the project, it intends to undertake the development on its own.
CMI: Company executed its maiden export order from Mauritius for the supply of XLPE LV/HV underground power cables from the company's plant located at Baddi- Himachal Pradesh.
Axis Bank: Board approved the appointment of Rakesh Makhija, Independent Director as the Non-Executive (Part-time) Chairman of the bank, for a period of 3 years.
TVS Motor: Company has further invested a sum of Rs 30 crore in TVS Credit Services Limited, a subsidiary company. Company’s direct holding in TVS CS increased to 10.29 percent.
RSWM - India rating has affirmed the rating for Term Loan to IND A. The outlook revised to negative from stable.
Kajaria Ceramics: Board approved re-appointment of Raj Kumar Bhargava and Debi Prasad Bagchi as the independent directors.
Kalpataru Power Transmission: Company has completed the acquisition of Shree Shubham Logistics shares.
V-Mart Retail: Company has opened three new stores in Himachal Pradesh, Jharkhand and Uttar Pradesh respectively. This takes the total number of stores to 207 stores in 165 cities across 17 states.
Hindustan Fluorocarbons: Board approved the valuation report and sale of the 66 acres 13 gunthas of vacant surplus land of company subject to the approval of the shareholders, Govt of India and Govt of Telangana/TSIIC.
Orient Tradelink: Company announces a new film which will be based on Para Cricketers of India.
Advanced Enzyme Technologies: Promoter Chandrakant Rathi Innovations and Projects Pvt Ltd sold another 2.20 percent stake in the company and reduced shareholding to 14.67 percent.
Keerthi Industries: Company successfully awarded the onshore contract area of KG/ONDSF/Gokarnapuram/2018 in KG basin under the Discovered Small Field Bid Round — II of offer contract areas.
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Source: Moneycontrol
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