Top stocks in focus today: TCS, Sun Pharma, HUL, Hatsun Agro
National Aluminium Company (Nalco) has applied for clearance from the Ministry of Environment, Forest & Climate Change (MoEFCC) for its bauxite mine in Pottangi, Odisha.
TCS said it has signed an over GBP 500 million ($690 million) deal with M&G Prudential, the UK and European savings and investments business of Prudential plc.
Hindustan Unilever stock will be in focus as the company has received a notice from the Directorate General of Safeguards for not passing the benefits of lower goods and services tax rate to its consumers.
Cadila Healthcare stock will be in focus today. The company’s personal care arm, Zydus Wellness, plans acquisitions to grow its skincare and functional foods category business, as per media reports.
Shares of Bharti Airtel to be in focus as Merrill Lynch Markets Singapore sold 0.96% shares of the telecom company at Rs499.10 apiece to SRS Partners (Cayman), through a bulk deal on BSE.
Tata Motors stock will be in focus as subsidiary Jaguar Land Rover has launched Range Rover Evoque landmark edition in India at Rs5.02 mn.
Hatsun Agro Product reported a 52.7% year-on-year fall in its Oct-Dec net profit to Rs14.98cr. The Chennai-based company reported a 6.85% rise in revenue from operations for the quarter to Rs1,010cr.
Texmaco Rail & Engineering Ltd, engaged in the business of rail freight cars and EPC, is exploring an opportunity for setting up a mega logistics hub cum food part with a manufacturing facility at Sankrail in Howrah, West Bengal.
Maruti Suzuki to start delivering Gujarat-made new Swift from Feb.
Symphony’s wall mounted air cooler patented in South Africa; launched 2 new product ranges.
SAL Steel informs of closure of corporate insolvency process.
Golden Tobacco says Promoters Pramod Jain and Plus Corporate Ventures Private has made an open offer to acquire upto 44,02,201 fully paid-up equity shares, representing 25% of the issued equity share capital of the company.
GAIL, Gazprom sign pact for re-negotiated long-term LNG sale.
Pioneer Distilleries’ workers at its Nanded, Maharashtra manufacturing plant go on strike.
Punjab Alkalies & Chemicals says IDBI Banks sold 2.61 lakh shares or 1% equity at Rs35.5 each.
JSW Group will make a fresh investment of Rs10,000cr in West Bengal, chairman Sajjan Jindal said, as per media reports.