Here are stocks that are in the news today:
Sun Pharma Clarification: Company has not been involved in any insider trading norm violations relating to the Ranbaxy deal. However, there was some minor technical issue relating to a procedural aspect of trading window closure due to intervening holidays.
India Cements: Company acquired controlling stake of 51 percent in Springway Mining Private Limited, thereby it became subsidiary.
Welspun Enterprises: Subsidiary Welspun Sattanathapuram Nagapattinam Road Private Limited (WSNRPL) and National Highways Authority of India executed the Concession Agreement for four-laning of Sattanathapuram to Nagapattinam section of NH-45A (New NH -332) in Tamil Nadu under NHDP Phase-IV on Hybrid Annuity Mode.
Ramky Infrastructure: Company completed sale of NAM Expressway Limited to Cube Highways and Infrastructure Pte Ltd, Singapore. Hence, consolidated debt of the company is reduced by about Rs 1,559 crore.
Share India Securities: Board approved, after recommendation of the Audit Committee of the company, the draft Scheme of Amalgamation of Total Securities Limited with the company, and investment in subsidiary Share India Insurance Brokers Private Limited through acquisition of 41.50 lakh equity shares by way of right issue.
Emmbi Industries: Emmbi launched a funding scheme for farmers with Bank of Maharashtra.
NMDC: Prices of lump ore (65.53, 6-40mm) fixed at Rs 3,550 per tonne and fines (643, - 1 Omm) at Rs 3,110 per tonne.
Uflex: US patent granted to FlexFilms for breakthrough BOPET Film used for Alu Alu Blister Pack.
NCC: Company has received two new orders totaling to Rs 220.2 crore in November.
Gravity (India): Board meeting is scheduled on December 13 to consider the proposal for sale of premises of the company situated in Andheri East, Mumbai.
VST Tillers Tractors: Power tillers sales at 2,108 units in November 2018 against 2,408 units; tractors sales at 628 units against 514 units YoY.
Omax Autos: Board approved the proposal for setting up a new industrial unit for manufacture and supply of 'Long Member' at or around Raibarelli, Uttar Pradesh.
Ceinsys Tech: Company bagged project from Thane Smart City Limited worth Rs 121.04 crore towards supply, installation, commissioning, operation & maintenance for smart water meter & related infrastructure work for water supply system of Thane City.
Infibeam Avenues: Company signed agreement for investment into Instant Global Paytech Private Limited.
Narayani Steels: Board approved the migration of the company from BSE SME Board to Main Board of BSE Limited.
Bulk Deals
B&B Triplewall: NNM Securities sold 1,05,000 shares of the company at Rs 46.05 per share on the NSE.
BLS International Services: Taiyo Greater India Fund sold 11,58,466 shares of the company at Rs 109.24 per share on the NSE.
Bohra Industries: Varun Krishnavtar Kabra bought 2,00,000 shares of the company at Rs 31.12 per share on the NSE.
GSS Infotech: Jatalia Finance Company purchased 93,000 shares of the company at Rs 130.91 per share and Minesh Jormalbhai Mehta bought 1,00,000 shares at Rs 128.63 per share on the NSE.
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Source: Moneycontrol
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