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Top stocks in focus today: Tata Motors, Fortis Healthcare, IndiGo

Tata Motors to sell its defense and aerospace portfolio to Tata Advanced Systems Limited (TASL) (a wholly-owned subsidiary of Tata Sons Limited) to unlock their full potential.

Emami board approves 1:1 bonus issue.

UBS Principal Capital Asia today offloaded 5.44% stake in Fortis Healthcare for over Rs443cr through an open market transaction.

JSW Energy increased capex aim for electric vehicles to Rs6,500cr.

Bankers reject resolution application by Thriveni Earthmovers to acquire Lanco Infratech.

BASF India approves proposal to transfer paper wet-end and water chemicals business to Solenis.

Thirumalai Chemicals board approves 10:1 stock split.

VST Tillers’ April sales of power tillers at 668 units vs. 1,163 units, tractors at 350 units versus 801 units yoy.

Aditya Birla Capital’s Board of directors to consider fundraising options on May 8, 2018.

PNB Housing Finance reported 44% growth in profit after tax during the fourth quarter of the financial year aided by loan demand, improvement in interest margin and lower operating expenses.

IndiGo has clarified in the BSE said that it did not receive any communication from Sebi regarding Aditya Ghosh’s resignation. The stock on Thursday plunged 11% to Rs1,205.80 apiece.

J Kumar Infraprojects wins order worth Rs445cr for Pune metro.

Vedanta India capex guidance $1.5bn for FY19.

Cera Sanitaryware board approves Rs100cr capex for FY19.

IRB Infra sees Rs10,000cr revenue, Rs1,000cr of net profit by FY20.