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Top stocks in focus today: UltraTech, MMTC, Granules, Future Retail

These companies will be in focus during trade today based on recent and latest news developments.

In a new twist to the ongoing fight over Binani Cement (BCL), UltraTech Cement (UCL) informed that Binani Industries (BIL), parent of BCL, has approached it for arranging funds to pay-off the lenders’ debts and other liabilities.

MMTC stocks in focus today, as the company’s board has approved the issue of one bonus equity share for every two held in the company .

Granules India has received the US health regulator’s nod to market its Metformin Extended Release (ER) 500mg and 750mg tablets.

Future Retail has received approval from the RBI to increase the limit of its Registered Foreign Portfolio Investors to 49% of its paid up capital.

Aviation stocks in focus today. Indian airlines registered a more than 24% increase in passenger traffic in February compared with a year earlier.

Capacite Infra has bagged a contract worth Rs256.6cr in Varanasi.

IRB Infra has bagged a road project worth Rs2,043cr from NHAI in Gujarat, as media report.

BGR Energy Systems bags Rs87.68cr order from TANTRANSCO.

Inox Wind offer for sale to non-retail gets 122% demand for shares offered.

Sona Koyo offer for sale to non-retail gets 28% demand for shares offered.