Top stocks in focus today: ONGC, Tata Motors, NMDC, Ajanta Pharma
These companies will be in focus during trade today based on recent and latest news developments.
ONGC Videsh led Indian Consortium comprising of ONGC Videsh, Indian Oil Corporation Limited, and Bharat Petro Resources Limited to acquire 10% stake in Lower Zakum Concession, Offshore Abu Dhabi for $600 million. Indian Consortium annual share shall be about 2 MMT.
Cadila Healthcare’s Moraiya facility successfully completes USFDA inspection
Ajanta Pharma’s formulation facility at Dahej was inspected by USFDA from Feb 5-9. Form 483 was not issued by the FDA.
Tata Motors Group global wholesales grew by 20% yoy at 114,797 units in January 2018.
NMDC total production and sales until Jan 31 at 27.87 million tonnes and 28.89 million tonnes respectively.
UCO Bank to allot preferential shares to the government against the infusion of Rs5,130cr.
Dredging Corp secures Rs30.76cr contract for dredging of naval sites at Mumbai.
Capacite Infraprojects receipt of an order worth Rs247cr.
Zensar expands operations in the UK