Here are stocks that are in the focus today:
Results on August 1: Bharti Airtel, Tata Power Company, Marico, Godrej Consumer Products, Elgi Rubber Company, Ginni Filaments, JK Tyre & Industries, Ceat, JSW Holdings, Cera Sanitaryware, International Paper APPM, Ganesha Ecosphere, Prestige Estates Projects, Varun Beverages, KRBL, Adlabs Entertainment, Aavas Financiers, Dynamic Products, 21st Century Management Services, Hindustan Construction Company, Dalmia Bharat, OnMobile Global, Mahindra Logistics, Welspun Enterprises, Orient Paper & Industries, PTC India Financial Services, Hikal, Thangamayil Jewellery, LGB Forge, Magma Fincorp, GlaxoSmithKline Consumer Healthcare, ICRA, AXISCADES Engineering, Raymond
Indiabulls Venture has executed the business transfer agreement with Indiabulls Securities for slump sale of the Stock Broking business of the company
PNB: Bank to cut MCLR by 10 bps across tenures from August 1.
Sun Pharma announces the regulatory filing of Tildrakizumab in Japan
Wipro: Company received final comments on share buyback from SEBI on July 30. Buyback of shares to open on August 14 and close on August 28.
Reliance Capital has fully repaid its commercial papers (CP) on the due dates and the CP outstanding stands at zero from the peak outstanding amount of approximately Rs 3,500 crore
HDFC reduces the retail prime lending rate by 10 bps w.e.f August 1
Unichem Labs: US FDA issued 4 observations to company’s Goa formulation unit but there were no repeat observations.
Bosch to suspend all manufacturing operation at the company’s Bidadi plant from August 1-3, 2019
GMR Infrastructure: Company will consider raising up to Rs 27,300 crore via equity, debt.
Mindtree: Company joined Hyperledger to accelerate blockchain development.
Bharat Electronics – Government sold 7.04 crore shares through off-market to the AMC.
Zee Entertainment: Invesco Oppenheimer Developing Markets Fund agreed to buy up to an 11 percent stake in the company from its promoters, for a total consideration value of up to Rs 4,224 crore.
ONGC has invoked bank guarantees and consequently proceeds of Rs 142.19 crore has been remitted to ONGC by Axis Bank.
Mercator Oil & Gas (MOGL) has already invoked arbitration with ONGC and will be claiming this amount from ONGC in arbitration.
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