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Top Stocks in Focus Today – IRB Infra, Sun Pharma, Welspun

IRB Infra unit gets arbitral amount of Rs 20.55 crore from NHAI.

Sun Pharma completes 85.1% acquisition of Russia’s JSC Biosintez.

Bajaj Hindusthan Sugar Ltd plans to sell its co-generation power business to its group company Lalitpur Power Generation Company Ltd (LPGCL) for about Rs18 billion.

Jyoti Structures wins $15 mn order from South Africa’s ESKOM.

Welspun Enterprises Ltd said its board of directors will meet later this week to consider buyback of equity shares.

Seamec in pact for charter hire agreement with National Petroleum Construction Co.

Sun Pharma said one of its subsidiaries has voluntarily requested the US health regulator to withdraw approval for 28 abbreviated new drug applications belonging to Ranbaxy Laboratories.

Oriental Carbon: Commercial prodn of 1st phase at Mundra SEZ ahead of schedule.

Future Enterprises (FEL) will be selling 16% stake in Future Lifestyle for Rs 3.80 billion, a notice to the stock exchanges. FEL owns the physical assets or the store formats and infrastructure assets in the stores of Future Retail and Bharti retail.

NIIT Tech in settlement agreement with Govt firm for contract that was previously on hold.

Tridevi Capital Partners to invest USD20mn in Prabha Energy Private Limited, a subsidiary of Deep Industries Limited. The subsidiary valuation is estimated to be $ 50 million.

Jubilant Life Sciences, a global leader in the pyridine, picolines and nutrition industry, announced a price increase of up to 15% on select products.

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