Top stocks in focus today: Maruti Suzuki, Welspun Enterprises, JSW Steel, Tata Chemical
The government’s 2.52% stake sale in state-owned miner NMDC saw robust response from investors with the retail portion getting over-subscribed by 5.40 times on Wednesday.
Maruti Suzuki raised the prices of its cars by between Rs1,700 and Rs17,000 across its entire product range. Prices were increased to factor in a rise in commodity and other input prices.
JSW Steel has reported its highest-ever quarterly crude steel production in the October-December quarter of this fiscal at 4.11 million tonnes.
Welspun Enterprises entered into a concession pact with Madhya Pradesh government for Dewas water supply project.
Arihant Superstructures has received the approval of plan/commencement certificate for construction and implementation of its project named as ‘ARIHANT ANAIKA PHASE II’.
Alok Industries says NCLT granted a 90-day extension in insolvency process.
Tata Chemical shareholders approve sale of Haldia phosphatic fertilizer operations.
GE Power has been awarded a contract worth Rs 8183 million by Navayuga Engineering Company Ltd.
The Supreme Court upheld the Kerala High Court order imposing a fine of Rs1cr on DLF for constructing around 180 luxury flats along the banks of eco-sensitive Chilavannur backwaters near Kochi in Kerala.
Lupin received USFDA nod for generic of Tamiflu capsules.
Alkem Labs informed that USFDA has issued an EIR for its manufacturing facility