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Monday 21 December 2020

Stocks in the news

Lupin: Company has received approval from USFDA for Colesevelam hydrochloride tablets which are used to reduce cholesterol.


PVR: Company will raise up to Rs 800 crore via equity.


KPR Mill: Company will invest Rs 500 crore for expansion of sugar mill operations.


Reliance Industries: Company and BP announced first gas from Asia's deepest project. Project is expected to meet 15% of India's gas demand by 2023.


Oberoi Realty: Subsidiary Evenstar Hotels purchased a hotel property in Worli, Mumbai, for Rs 1,040 crore.


Exide Industries: Life Insurance Corporation Of India increased stake in company to 5.5% from 3.48% earlier.


Analysts/Board Meetings


Affordable Robotic & Automation: Company's officials will meet analysts/investors on December 21.


Nxtdigital: Company's officials will meet analysts/investors on December 21.


Finolex Industries: Company's officials will meet Kotak Mutual Fund on December 22 and Birla Mutual Fund on December 24.


Pidilite Industries: Company's officials will meet JP Morgan India on December 23.


CESC: Proposal for issue of secured NCDs Rs 200 crore will be considered by Board of Directors on December 23.


PC Jeweller: Board meeting is scheduled on December 23 to consider the issue of securities by way of preferential allotment to promoter Shri Balram Garg against conversion of his unsecured loan to the company.



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