Cipla on Saturday said it has inked an investment agreement with FIL Capital Investments (Mauritius) II Limited for its consumer healthcare business. (Photo: PTI)
The BSE Sensex and NSE Nifty opened on a flat note on Monday tracking SGX Nifty and Asian markets. At 9.19 am, Sensex was up 24.99 points at 26,153.19. NSE Nifty was trading 0.50 points down at 7,942.20.
Below are some stocks that are likely to remain in focus today:
Amtek Auto: Share price of the company fell as much as 5.62 per cent in the early trade on Monday after the company on Saturday reported a consolidated net loss of Rs 987 crore for the year ended September against a net profit of Rs 848.21 crore last year.
Reliance Industries(RIL): Shares of the company were trading 0.55 per cent down at Rs 973.70 (10.33 am)as it is facing a 40 per cent cut in the marketing margin RIL charges on selling its KG-D6 gas to fertilizer and LPG plants after the government notified a ceiling of Rs 200 per thousand standard cubic meters (scm).
PVR: Shares of the company were trading 0.53 per cent up at Rs 853.00 (10.42 am) after the multiplex chain operator expects to add at least 23 screens in the current financial year to take the total to 500 in the same fiscal.
Cipla: Shares if the drug major was trading 0.44 per cent up at Rs 645.45 (at around 10.35 am) after it inked an investment agreement with FIL Capital Investments (Mauritius) II Limited for its consumer healthcare business.
Rajesh Exports: Shares of jewellery maker jumped over 2 per cent in the early trade after the company informed stock exchanges that it has bagged an export order worth Rs 1,122 crore of designer range of gold and diamond studded jewellery and medallions from UAE. The order is to be completed by March 31, 2016. The scrip was trading 2.34 per cent up at Rs 695.20.
SpiceJet: The budget airline is in talks with Boeing and Airbus to buy more than 150 planes. The airlines is looking at both Airbus and Boeing. The (Boeing 737) Max aircraft as well as the (Airbus A320) Neo. The airline is in talks with Toronto-listed Bombardier, France’s ATR – a joint venture between Airbus and Finmeccanica – and Brazil’s Embraer to potentially buy a further 50 planes to service this sector.
Siemens Ltd: Siemens Ltd on Friday reported a 49.8 per cent plunge in standalone net profit at Rs 219.13 crore for the fourth quarter ended September 30.
Nestle India: Nestle India, which was hit hard by a ban on its popular instant noodles Maggi during the year, said the company may consider a second interim dividend for the current fiscal.
United Breweries (Holdings): Capital markets regulator Sebi slapped a fine of Rs 15 lakh on United Breweries (Holding) Ltd for not making disclosures regarding creation and invocation of certain pledge transactions in shares of United Spirits.
Emami Paper Mills: Emami Paper Mills Ltd, the country’s largest newsprint manufacturer, has decided to increase investment in paperboards to Rs 2,000 crore in the next three years to strengthen its diversification to the high-margin segment.
Yes Bank: Private sector lender Yes Bank has invoked 3.02 per cent stake of United Breweries, pledged by McDowell Holdings, a unit of Vijay Mallya-led UB Group, by selling shares worth Rs 778 crore.
IVRCL: The Hyderabad-based company has made an allotment of 24.27 million equity shares of Rs 2 each at issue price of Rs 24.39 per share to the CDR (corporate debt restructuring) lenders who have signed the master restructuring agreement last year.
Tata Global Beverages (TGBL): The company has launched an Instant coffee product in the Indian market under the brand name ‘Tata Coffee Grand’ on November 29, 2015. The product has been jointly developed by TGBL and its subsidiary, Tata Coffee (TCL). The product will be manufactured by TCL and marketed and distributed by TGBL.
| Subscribe To Our Free Newsletter |
