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Top stocks in focus today: Fortis, HUL, Kaveri Seeds, PNB, Reliance Infra, PNC Infra, Bombay Dyeing

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

Manipal-TPG revises offer for Fortis Healthcare to Rs180 per share.

Vedanta has received CCI nod for acquisition of Electrosteel Steels.

Reliance Infra Board has approved the issue of shares through a rights issue or QIP for up to Rs3,000cr.

RBI imposes further restrictions under PCA on Allahabad Bank.

NALCO signs MoU with govt sets a target of Rs9,350cr from operations from FY19.

Titan Board has formed a sub-group for succession planning, as per media reports.

Jet Airways to launch services under ‘Udan’ from June.

Hindustan Unilever reported strong domestic volume growth of 11% for Q4FY18. Net profit of the company grew by 14.2% yoy to Rs1,351cr.

PNC Infra gets Rs34cr bonus for early completion of the highway project in UP.

JK Paper approves setting up additional capacity upto 2 lakh tonnes per annum of packaging board, pulping facilities up to 1.6 lakh tonnes per annum, and utilities in Gujarat for Rs1,450cr.

Kaveri Seeds to consider share buyback on May 24.

Adlabs Entertainment to consider an issue of securities to QIB on May 17.

Shalimar Paints to consider rights issue on May 23.

Delhi High Court agrees to hear the plea filed by Daiichi and a strategic investor to stop Fortis sale.

Results Today: PNB, Lupin, Britannia Industries, Reliance Communications, MRPL, Crompton Greaves Consumer Electricals, Dhanlaxmi Bank, Jindal Poly Films, Karnataka Bank, Suven Life Sciences, Syndicate Bank

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