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Top 15 stocks in focus today: Punjab National Bank, Dr. Reddy’s, Tata Tele

Punjab National Bank said it has initiated the process of raising up to Rs5,000cr through qualified institutional placement (QIP).

Dr. Reddy’s Bachupally formulations plant-3 received USFDA EIR.

Tata Motors announced that the company would be increasing prices of its entire passenger vehicles range by up to Rs25,000, starting January 2018, as per the BSE filing.

GNA Axles started commercial production from its two newly installed Automated Machining Lines at its unit in Punjab.

Asian Paints said it has purchased the remaining 49% stake in kitchen solution provider Sleek International for Rs50cr.

Sadbhav Infrastructure Project has been declared ‘L1’ HAM Project by NHAI on for Four Laning of Dangiywas to Jajiwal section Package-I of Jodhpur Ring Road in Rajasthan under NHDP Phase-VII.

The Supreme Court will hear today an appeal filed by ailing real estate major Unitech against an order of the NCLT directing the central government to take over the company.

Somany Ceramics has launched a new product series in tiles ‘Glosstra Plus’ – India’s glossiest wall tiles post commissioning of a state of the art plant at Kassar (Haryana) having a capacity to produce 4.5 million square meters per annum of 300 mm x 600 mm Glosstra Plus tiles.

The board oDeepak Nitrite has approved raising of funds by way of qualified institutions placement of equity shares, up to an amount not exceeding Rs150cr, subject to the approval of members of the Company.

Asian Oilfield Services has received Letter of Award for ‘Hiring of Services for 3D Seismic Data Acquisition and Processing of 250 sq. km of Jaisalmer PML in Rajasthan for a period of 12 months at an estimated contract cost of Rs69cr.

Torrent Pharma expanded insulin manufacturing for Denmark headquartered healthcare company Novo Nordisk.

Xpro India sold land located in Kolkata for Rs21cr.

Tata Teleservices total number of subscribers in Nov, down 4.1% at 70.74 lakh versus. 73.78 lakh in Oct.

NALCO cuts prices of sow, alloy ingots by more than 3% from Thu.

L&T Infotech completes acquisition of 100 percent stake in banking solution provider Syncordis SA.

Natco Pharma QIP opens at a floor price fixed at Rs 937.63 per share.

Canara Bank floats a request for proposal to select bankers to raise equity through a QIP.

Societe de Promotion et de Participation Pour la Cooperation sold 21.58 lakh shares or 1.2% equity stake at Rs136 each of JK Paper.

Societe Generale sold 14.88 lakh shares or 1.1% equity stake at Rs 270.05 each of Radico Khaitan.

Morgan Stanley France SAS sold 73.31 lakh shares or 0.8% equity stake at Rs 260.4 each of NBCC.

Morgan Stanley France SAS sold 28.24 lakh shares or 0.6% equity stake at Rs 100.65 each of SREI Infra.

Wipro buyback date revised to Dec 13.