Stocks in the news
SpiceJet: The company reported a loss of Rs 600.5 crore in Q1FY21 against a profit of Rs 262.8 crore, revenue fell to Rs 521 crore versus Rs 3002.8 crore YoY.
Uflex: Promoter entity Flex International released 2.7 lakh pledged shares.
Infosys: US-based Essential Utilities selected Infosys as a strategic partner to drive its digital transformation.
REC: The company to infuse Rs 150 crore as equity in a Joint Venture alongwith Power Finance Corporation, Power Grid Corporation and NTPC, for the purpose of establishment/creation of Common Backend Infrastructure Facility (CBIF) for smart metres in the country.
Power Mech Projects: The company reported a loss of Rs 32.69 crore in Q1FY21 against a profit of Rs 28 crore, revenue dropped to Rs 275 crore from Rs 491 crore YoY.
Aurobindo Pharma: Biotechnology Industry Research Assistance Council (BIRAC), set up by Department of Biotechnology (DBT), Government of India supported Aurobindo's COVID-19 vaccine development under the National Biopharma Mission.
Siti Networks: The company approved acquisition of 51 percent equity stake in E-Net Entertainment, through the wholly owned subsidiary namely Siti Broadband Services.
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