Here are stocks that are in the focus today:
Results on July 11: CCL Products, Den Networks
Sun Pharma: Company gets US FDA approval for Risedronate Sodium Tablets
Aurobindo Pharma: Company launched generic of Sensipar tablets in the US.
Piramal Enterprises: Board approves raising up to Rs 1,500 crore via NCDs.
Greaves Cotton: Company acquired 15,04,523 shares, by way of investment in a subsidiary of the company i.e. Ampere Vehicles Private Limited, India through primary and secondary purchase for a total consideration of Rs 22.5 crore. Consequent to the acquisition of aforesaid additional stake, the company’s holding in Ampere increased from 67.34 percent to 72.11 percent.
TCS: iON, a strategic unit of the company, collaborated with All India Council for Technical Education (AICTE) to equip students with career skills.
Mohota Industries: Brickwork Ratings has downgraded the rating assigned to long term credit facilities availed by the company to BBB from BBB+ and short term credit facilities to A3+ from A2.
The New India Assurance Company: P V Thomas, Chief Manager has been nominated as the Chief of Internal Audit and Principal Compliance Officer for anti-money laundering guidelines of the company.
RTS Power Corporation: Company proposed to set up its new factory at its land at Parasrampura, Rajasthan for the manufacturing of steel wires and strips, galvanized and non-galvanized and other downstream products made out of steel wires and strips, galvanized and non-galvanized of the capacity of 12000 MT per annum.
Punjab Chemicals & Crop Protection: There was a fire accident at one section of Agro Chemical Division, Derabassi, Mohali.
IFCI: Brickwork downgraded the rating on long term debt instruments NCD/bonds to BBB+ with a negative outlook, from A- with a stable outlook.
GTPL Hathway Q1: Consolidated profit jumps to Rs 29.45 crore versus Rs 13.37 crore; revenue rises to Rs 445.5 crore versus Rs 296.9 crore YoY.
Himachal Futuristic Communications Q1: Profit rises 148 percent to Rs 117 crore versus Rs 47 crore; revenue jumps 23 percent to Rs 1,343 crore versus Rs 1,088 crore YoY.
Premier Explosives: Company received an order from Bharat Dynamics Limited (BDL) for the supply of solid propellants for Medium Range Surface to Air Missile (MRSAM) for a value of Rs 14.99 crore to be executed within a period of 14 months.
Mahindra Logistics: Company appointed Rampraveen Swaminathan as CEO.
TVS Motor Company: Company launched a new 100cc motorcycle, TVS Sport in Sri Lanka.
Insilco: Plant operations will restart as per schedule on July 10.
Prime Customer Services: SMERA has assigned the highest rating to the company as MSE Rating -1 which indicates the highest credit worthiness in relation to other MSEs.
Can Fin Homes: To consider raising up to Rs 6000 crore via debt on July 22
Cox & Kings: Defaults on payment worth Rs 125 crore with respect to Commercial Papers due on July 9.