Top 10 stocks in focus today: Sun Pharma, SpiceJet, Jagran Prakashan
Sun Pharma: The US drug regulator has found seven breaches of manufacturing standards at Sun Pharmaceutical Industries Ltd’s formulations plant in Mohali, Punjab, following a recent inspection.
SpiceJet: SpiceJet will announce its Q2 numbers today.
Jagran Prakashan: The company said its subsidiary Music Broadcast will raise up to Rs 400 crore through initial public offer.
Vardhman Textiles: The board of the company has approved buyback proposal for up to Rs 720 crore.
Suven Life Sciences: The company on Thursday reported a net profit of Rs 26.6 crore against Rs 25 crore in the corresponding quarter last year.
Aurobindo Pharma Ltd: Aurobindo Pharma is scouting for acquisitions in Europe to gain a foothold in the market, as per media reports.
Reliance Industries: A flash fire broke out at Reliance Industries’ Ltd refinery complex at Moti Khavdi near Jamnagar on Thursday in which some contract workers were injured, the company said.
Wipro: The company has informed bourses that it has granted 5,000 Restricted Stock Units under Restricted Stock Unit Plan 2007 effective November 1, 2016 to its identified employee.
Khaitan (India): The company has infomed bourses that it has submitted an application for reference to the Board for Industrial and Financial Reconstruction (BIFR) as it has become a sick industrial company pursuant to the provisions of Sick Industrial Companies (Special Provisions) Act, 1985 (SICA).
Jindal Poly Films: Jindal Poly Films reported a consolidated net profit of Rs 77 crore for the September quarter, lower than the Rs 99.9 crore in the year-ago period.