Here are stocks that are in the focus today:
Results on August 2: SBI, ITC, HDFC, Power Grid Corporation of India,
Raymond: Board authorized the senior management to explore and evaluate potential options to restructure the businesses of the company.
Dishman Carbogen: US FDA completed inspection of the company’s subsidiary’s Neuland unit with no observation.
Eicher Motors July Sales: Total Royal Enfield sales fell 22 percent to 54,185 units versus 69,063 units YoY.
Tata Motors: Company to cut electric vehicle price by up to Rs 80,000 from August, due to GST rate revision.
ACC: Company appointed Rajani Kesari as Chief Financial Officer.
LIC Housing Finance: Siddhartha Mohanty appointed as MD, CEO.
Crest Ventures: Company has liquidated its entire stake being 37,20,000 equity shares representing 62 percent of the total issued, subscribed and paid-up equity share capital in its subsidiary Crest Wealth Management Private Limited.
KCP: Company has differed the proposal for setting up of Grinding Unit at Naidupeta, Andhra Pradesh. Due to environmental concerns, the company approached the Andhra Pradesh Industrial Infrastructure Corporation Limited (APIIC) for cancellation of allotment of land at Industrial Park, Naidupet, Andhra Pradesh. The APIIC had accepted its request and canceled the allotment.
Hero Motocorp sold 5,35,810 units of two-wheelers in July 2019
Tata Motors domestic sales registered a drop of 34% at 32,938 units compared to 50,100 units sold in last year
Power Grid declared as the successful bidder under tariff-based competitive bidding to establish transmission system
PSP Projects has been awarded new work orders worth Rs 86.20 crore
SRF: Engineering Plastics business has been divested to DSM India with effect from 01.08.2019
Coal India: July provisional offtake at 46.82 mt, down 2.9%, July provisional output at 38.50 mt, down 5.1%, YoY
Lakshmi Vilas Bank clarifies that the bank has no exposure on CCD or its subsidiaries.
RBI advised Bank of India to pay a penalty of Rs 1.5 crore on account of ‘Non-compliance with RBI’s direction on Frauds’ in Rotomac Group companies
Dhunseri Tea & Industries: Company signed a binding agreement(s) with Tata Global Beverages for sale of its branded business (Lalghora & Kalaghora).
Adani Transmission receives a letter of intent (LOI) for Centre sector transmission project linked to the renewable sector in Rajasthan
RBI imposes a penalty of Rs 2 crore on Allahabad Bank
National Aluminium Company (NALCO), Hindustan Copper (HCL) and Mineral Exploration Corporation (MECL) form JV for acquisition, exploration & processing of strategic minerals abroad.
Wipro: N Vaghul, Independent Director and Dr. Ashok S Ganguly, Independent Director, have retired from company’s Board of Directors. The company launched the co-innovation center with Amazon Web Services.
SRF: Engineering plastics business has been divested to DSM India Private Limited.
Jaypee Infra: NCLAT overturns NCLT order directing return of 758-acre land to Jaypee Infra under IBC.
Talwalkars Health clubs has made a default in the payment of interest on the loan from banks/ financial institutions CARE Ratings and ICRA has revised the ratings on long term facilities and NCD issue.
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