Here are the stocks in focus today 07-10-2019:
Lupin: launches Mycophenolate Mofetil Capsules USP.
Glenmark Pharma: USFDA issues a ‘Warning Letter’ to the Baddi facility.
VST Tillers September auto sales – Total tractor sales up 5.5% at 2,201 units versus 2,087 units, YoY.
Garden Silk Mills – Withdrawal of invitation for bids and sale of financial assets/loan account of the company.
Wipro completes the acquisition of International TechneGroup Incorporated (ITI).
Zee Entertainment: Promoter Essel Media disclosed pledge creation on 10.71 percent equity with VTB capital, which is for loan agreement executed on September 4, 2017.
Supreme Infra worked out an amicable settlement with VSSPL.
Dr. Reddy’s Labs: US FDA issues EIR for company’s API manufacturing plant 2 at Bollaram, Hyderabad.
Corporation Bank: Brickwork Ratings placed ratings of the bank on ‘Credit Watch’.
Supreme Infra: Company worked out an amicable settlement with VSSPL, both agreed to jointly consent terms with NCLT.
ECL Finance (an Edelweiss Group company): CRISIL downgraded ECL Finance’s long term ratings.
L&T Finance Holdings – CRISIL assigned CRISIL AM/Stable rating on the NCDs of Rs 500 crore and CRISIL A1+ on Commercial Paper of Rs 1,500 crore.
Corporation Bank – Brickwork Ratings assigned BWR AA rating to the company’s Basel Ill Compliant Tier II bonds worth Rs 500 crore.
Hitech Corporation resumes operations at Baddi Unit.
Ashok Leyland – the company’s plants at various locations will be observing non-working days ranging from 2-15 days, in October 2019.
Sun Pharma Advanced Research receives Orphan Drug Designation from the USFDA for Phenobarbital for the Treatment of Patients with Neonatal Seizures.
BEML bags further orders in Metro from Delhi Metro Rail Corporation valuing approximately Rs 729 crore.
Info Edge has agreed to invest about Rs 35 crore in Greytip Software Private Limited.
JSW Steel raised USD 400 million by allotment of fixed-rate senior unsecured notes.
Eveready Industries appoints Roshan L. Joseph as an independent director of the company w.e.f. October 04, 2019.
Prakash Industries – CARE Ratings reaffirmed the credit rating CARE BB (Double B) with a stable outlook for bank facilities of the company.