Here are the stocks that are in news today:
Apollo Tyres: Production operations of the company’s plants located at Perambra and Kalamassery, Kerala have been disrupted due to floods in Kerala. The production loss due to this natural calamity is 1500 MT (approximately) till Monday. However, consequential loss of profit is not significant. The natural calamity is adequately covered under the insurance policy of the company.
Electrosteel Casting’s banking and authorisation committee approved the allotment of 4,85,26,861 equity shares at Rs 28.85 per equity share on preferential basis
Bank of Baroda: PS Jayakumar is likely to get an extension as MD & CEO of Bank Of Baroda. His term was to end in October 2018.
IL&FS Transportation Networks: Brickworks Ratings revised its rating for non-convertible debentures worth Rs 3,550 crore from AA+ (SO) to AA- (SO). ICRA Ratings also revised its ratings to “Issuer not co-operating’ category to all – non-convertible debentures worth Rs 3,000 crore, commercial papers Rs 1,000 crore, non-convertible debentures Rs 2,000 crore, term loans Rs 490 crore, fund-based bank limits Rs 320 crore and preference share Rs 760 crore from Provisional AA (SO), A4, BB-, BB-, A4 and BB-, respectively.
Rungta Irrigation: Nitin Dhawan, Chief Financial Officer of the company has resigned with effect from Monday.
Ashish Ramchandra Kacholia sold 56,260 shares of Vadilal Industries at Rs 604.05 on the BSE and sold 3,06,045 shares at Rs 612.18 on the NSE
Europacific Growth Fund sold 34,06,733 shares of TVS Motor at Rs 519.49.
Franklin Templeton Investment Funds bought 4,82,400 shares of TeamLease Services at Rs 2,645
Birla Sun Life Mutual Fund sold 9,70,130 shares of Newgen Software at Rs 239
Tanla Solutions acquires Karix Mobile for Rs 340 crore
NR Agarwal Industries: Operations of the company’s Unit – I in Vapi, Gujarat will be temporarily shut down for a period of 15 days with effect from August 27 for the purpose of Annual maintenance and technological upgradation
Route Mobile gets Sebi nod for Rs 600 cr IPO
Reliance Infrastructure – Anil Ambani clarified on Rahul Gandhi’s allegation over Rafale deal
HCL Technologies fixed August 31 as a record date for buyback
Manpasand Beverages fixed record date for the dividend for FY 17-18 is August 31, AGM on September 13
FDC received 8 observations from USFDA for its Aurangabad manufacturing facility
CG Power inaugurated its first high-voltage and extra high voltage air insulated switchgear factory at Indonesia owned by PT Crompton Prima Switchgear Indonesia
ICICI Lombard pioneers use AI to automate health insurance claim approvals
JMC Project board meeting on August 24 to consider the issue of NCD worth Rs 150 crore