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Top stocks in focus today: Biocon, Cadila, Power Grid, InterGlobe Aviation, HCC, Sical Logistics

These companies will be in focus during trade today based on recent and latest news developments.

Biocon gets Form 483 with 7 observations for Bangalore facility.

Madras Fertilizer’s ammonia and urea plants shut down due to critical naphtha inventory.

Techno Electric entered into share purchase agreement to acquire 26% stake in Kohima – Mariani Transmission from Kalpataru Power.

Sical Logistics gets the letter of acceptance from Northern Coalfields Ltd for excavation of overburden at Amlohri for Rs1,345cr.

Mukand Ltd. allots 20 lakh equity shares at Rs579.57 per share on a preferential basis to Sumitomo Corp., Japan.

Cadila Healthcare says Zydus received final approval from US FDA for Bumetanide Tablets.

Fineotex Chemicals is looking to expand value-added business and has engaged global M&A advisory firm for acquisitions of up to $30mn.

Power Grid approves Rs461cr of investment proposals.

Kridhan Infra unit bags order worth Rs56.6cr.

United Drilling fixed May 10, 2018, as the record date for bonus issue.

Tata Motors launches AMT version of compact SUV Nexon.

Infosys partners Astound for automated services, support for enterprises.

Adani Transmission appoints Anil Sardana as CEO.

Monsanto’s Board will be meeting on May 15, 2018, to discuss financial results and a dividend issue.

Infibeam Incorporation board meeting on May 7 to consider and approve preferential issue.

Results today: Vedanta, Adani Ports, Adani Power, Castrol India, Cera Sanitaryware, Edelweiss Financial, Emami, Greaves Cotton, Hexaware Technologies, IRB Infrastructure, JSW Energy, L&T Finance Holdings, MRF, Orient Cement, PNB Housing Finance, Radico Khaitan, Trent, Venky’s
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