Infosys stocks will be in focus as the company has bagged a five-year contract to transform the application landscape of DNB Bank of Norway. (Express photo)
The BSE Sensex and NSE Nifty opened on a flat note on Friday on profit-booking in select stocks by participants ahead of the IIP data to be released later in the day amid mixed Asian cues.
Below are the 10 stocks that are in focus in Friday’s trade
Texmaco Rail and Engineering: Share price of the company were trading up 6.58 per cent at Rs 147.30 in early trade. The share price of the company jumped after it informed BSE on Thursday post market hours that a four-company consortium of Texmaco Rail & Engineering, Kolkata, Hitachi Ltd, Mitsui & Co and Hitachi India, a Hitachi subsidiary has won a contract for the design and construction of Signal and Telecom works – STP5, a part of the dedicated freight corridor traversing India’s biggest industrial cluster between Delhi and Mubai from the Dedicated Freight Corridor Corporation of India.
Infosys: Infosys, country’s second-largest software services firm, has bagged a five-year contract to transform the application landscape of DNB Bank of Norway. No financial details were disclosed.
NBCC: State-owned NBCC has bagged a contract worth Rs 188 crore from the Indian Culinary Institute Society. “National Buildings Construction Corporation Ltd (NBCC) and Indian Culinary Institute Society under Ministry of Tourism, Government of India, have entered into an agreement on December 9, 2015 for award of work to NBCC regarding planning, designing and construction of Indian Culinary Institute,” the company said in a regulatory filing.
Siemens: Siemens Ltd has won an order worth Rs 102 crore to supply a 400 kV Gas Insulated Switchgear (GIS) Substation to West Bengal State Electricity Transmission Company Limited (WBSETCL). The scope of the order includes engineering, supply, installation and commissioning of the GIS Substation, the company said in a press release.
Maruti: Country’s largest carmaker Maruti Suzuki India will hike prices of its vehicles across models by up to Rs 20,000 from January to offset impact of rising costs and weakening of rupee against dollar, joining rivals in making such a move.
Tata Consultancy Services: IT major Tata Consultancy Services on Thursday announced addition of 3,000 seats by expanding its capacity in Odisha with the opening of Phase II of its campus at Kalinga Park.
SpiceJet: Budget carrier SpiceJet, which survived a shutdown late last year, has defaulted on payments to Airports Authority of India (AAI) towards landing, parking and route navigation charges, among others, and its total dues stand at Rs 155.49 crore, Government informed Lok Sabha on Thursday.
Cipla: Drug major Cipla today said its board has approved the transfer of its consumer healthcare business to a wholly-owned subsidiary–Cipla Health–for a total consideration of Rs 16 crore. The company’s board has approved the transfer of the consumer healthcare business to Cipla Health Ltd on a going concern basis by way of a slump sale for a lumpsum consideration of Rs 16 crore, Cipla said in a regulatory filing.
Nestle India: The apex consumer commission has directed further testing of 16 more samples of Maggi noodles in connection with the government’s Rs 640 crore suit against Nestle India for alleged unfair trade practices, saying that “safety and interest of consumer has to be prime consideration in such matters.”
Cairn India: British energy firm Cairn Energy has said it will seek about $700 million in compensation from the government for the loss of value of its shareholding in Cairn India suffered since their attachment nearly two years ago over a tax dispute.
Titan & Shilpa Medicare: RBI has allowed Titan Company and Shilpa Medicare to raise investment limit for foreign participants to 35 per cent and 30 per cent, respectively. The Reserve Bank on Thursday notified that Foreign Institutional Investors (FIIs)/Registered Foreign Portfolios Investors (RFPIs) can now invest up to 35 per cent of the paid up capital of Titan Company Ltd under the Portfolio Investment Scheme (PIS).
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