Here are stocks that are in the news today:
October IIP at 8.1% Vs 4.5% (MoM)
November CPI at 2.33% Vs 3.38% (MoM)
Strides receive USFDA approval for Lidocaine Ointment
Lupin – EU General Court upheld European Commission’s Decision in Perindopril litigation, holding Lupin liable to pay of €40 million.
Jubilant Foodworks: Company has been allotted 51 lakh ordinary equity shares at a par value of BDT 10 (Bangladesh Taka Ten) each, in Jubilant Golden Harvest Limited (JV company). Subsequent to the allotment, the company has become 51 percent shareholder in the JV company.
Pricol: Company and Nasdaq-listed Pointer Telocation signed a letter of intent to form a joint venture to provide advanced telematics and IoT solutions in India and other countries in South East Asia.
DLF Group CFO Saurabh Chawla resigns
MPS: Directors of the company has decided to withdraw the proposed Scheme of Amalgamation of ADI BPO Services Limited with MP5 Limited and appointment of Sunil Shah as Additional Director of the company.
United Bank of India has revised the rate of interest on domestic term deposits for less than Rs 1 crore, with effect from December 14, 2018
Capital First raised Rs 1048 crore by issue of NCD’s on private placement basis
Nagarjuna Oil Refinery – NCLT orders liquidation of associates company
Rollatainers: Sanjiv Bhasin, Director has resigned from the board and all committees of the board, due to personal and unavoidable circumstances.
Bulk Deals on December 12
Rolta India: Central Bank of India (capital market service branch) sold 20 lakh shares of the company at Rs 10.07 per share on the NSE.
Analyst or Board Meet/Briefings
Eicher Motors: Company’s officials will be meeting India Nivesh Institutional and Cadence Investment on December 13, and Systematix and Sundaram Mutual Fund on December 14.
Scan Steels: Board meeting is scheduled on December 18 to consider the matter in respect of listing of equity shares of the company with the National Exchange Limited.
Gulf Oil Lubricants India: Company’s officials will be meeting analysts/investors on December 13.
CRISIL: Company’s official will be meeting ICICI Prudential Life Insurance Company, SBI Mutual Fund, Reliance Mutual Fund, Goldman Sachs and HDFC Standard Life Insurance Company Limited on December 13.
KEI Industries: Company’s officials will be meeting Nirmal Bang Equities Private Limited on December 14.
Bank of Baroda: Capital Raising Committee is scheduled to be held on December 17 to consider raising of funds through Basel III compliant Tier II bonds, for size and amount.
Ashoka Buildcon: Board meeting is scheduled on December 17 to consider the raising of funds by issue of debt security in the form of non-convertible debentures (NCDs) on private placement basis.
Asian Paints: Company through its representatives will be meeting the Investment Research team of Citi Bank on December 13.
PSP Projects: Company’s officials will be meeting analysts/institutional investors on December 13 and 17.
Music Broadcast: Board meeting is scheduled on December 31 to consider the sub-division of equity shares of the company.
Virinchi: Officials of the company will be meeting investors and analysts (participants), at Ahmedabad on December 13.
Mahindra Holidays & Resorts India: Company’s officials will be meeting HDFC Asset Management Company and Edelweiss Securities Limited on December 14.
Mahindra Logistics: Company’s officials will be meeting Ashmore Capital on December 24.
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