Stocks in the news
BPCL, IOC, HPCL: BPCL board approved sale of entire stake in Numaligarh Refinery for Rs 9,875 crore. Oil India, Engineers India and Government of Assam will be picking up the stake.
Shipping Corporation of India: DIPAM Secretary said multiple expressions of interest received for privatisation of Shipping Corporation and the said transaction will now move to the second stage.
Hero MotoCorp: Total sales in February 2020 increased to 5.05 lakh units versus 4.98 lakh units YoY.
UPL: The company signed long-term pact with FMC Corporation for Rynaxypyr active ingredient.
Eicher Motors: Total motorcycle sales in February 2020 rose to 69,659 units versus 68,877 units MoM.
NMDC: Production in February 2020 increased to 3.86 million tonnes from 3.24 million tonnes YoY and sales rose to 3.25 million tonnes from 2.91 million tonnes YoY.
Savita Oil Technologies: Pari Washington India Master Fund reduced stake in the company to 3.21% from 5.33% via open market transaction
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