HDFC Securities feels the upcoming merger with Videocon D2H holds significant cost rationalisation potential (Rs 470 crore by FY20, around 23.7 percent of FY17 EBITDA).
"With this win, we now have 2 of the top 5 global aircraft OEMs as our client," Virender Aggarwal, CEO said.
Here are a few top buzzing midcap stocks picked by CNBC-TV18's analysts in trade today -- HCL Infosystems, Sun TV, and Westlife Development.
Shares of oil marketing companies (OMCs), ONGC and HPCL gained between 1.5 and 4.5 percent intraday.
McDonald's India on Monday terminated the franchise agreement for 169 fast-food outlets in North and East India run by CPRL and said the outlets cannot use its brand for any operations.
The said drug is intended to be used for the treatment of moderate to severe plaque psoriasis.
The HCL Group company inform exchanges that the distributor agreement for distribution of iPhone and other Apple Products has been signed with Apple India Private Limited.
The company has received an order worth Rs 514 crore for work of engineering, procurement and construction (EPC) of 8 MTPA capacity coal handling plant (CHP) with allied infrastructural facilities.
The company has received an establishment inspection report (EIR) from the US Food and Drug Administration (USFDA) for its Aurangabad facility in Maharashtra.
On August 21, 2017 Eros Worldwide FZ LLC, a promoter of Eros International Media, sold 6,00,000 shares of the company.
On August 21, 2017 Quinag Acquisition (FPI) bought 43,65,50,000 shares of Manappuram Finance.
Lupin | ICICI Bank | Tata Power | Biocon | Bharti Airtel | ONGC | HPCL | HCL Infosystems | Idea Cellular | V-Guard | Jaypee Infratech | Subex | Visa Steel | Sobha | S Chand | Manappuram Finance | McNally Bharat | Edelweiss | NTPC and NHPC are stocks, which are in the news today.
The company on Monday announced that it launched UK brand ‘Judge’ kitchen appliances to India. The launch, it said, will give it access to Rs 5,000 crore unorganized kitchen market in India.
The Kolkata-based photovoltaic monocrystalline solar cells and modules manufacturer has posted a profit of Rs 9.5 crore in the quarter ended June 2017 against loss of Rs 0.3 crore in same quarter last year.
HDFC Securities maintained its buy rating with a target price of Rs 168 (implying 16 percent upside) after inline Q1FY18 performance.
"This transaction reduces bank's exposure to the Essar Group by about 50 percent," Chanda Kochhar, MD & CEO, ICICI Bank said.
Here are a few top buzzing midcap stocks picked by CNBC-TV18's analysts in trade today -- ICICI Bank, Infosys, V-Mart Retail, and a whole lot of metal stocks.
The Company has received letter of intent from JSW Cement, for civil & structural work for 1.2 MTPA cement grinding plant at Jajpur, Orissa for an approximately value of Rs 60 crore.
Rosneft (through its subsidiary, Petrol Complex Pte. Ltd) has acquired 49.13 percent stake, and Trafigura-UCP consortium (through Kesani Enterprises Company Limited) acquired an equal stake in Essar Oil.
Suven Life nnounced the grant of a product patent from Japan corresponding to the new chemical entities.
Blue Star booked a Rs 160 crore MEP order from My Home Group, towards the upcoming My Home Divija, a platinum-rated green building project in Hitec City, the IT hub of Hyderabad.
The triple combination product is expected to be launched in sub-Saharan Africa in Q3FY18.
The completion period for the said work order is 18 months.
The company has completed the US Food and Drug Administration (USFDA) inspection of its API facilities in Units 1 and 3 at Parawada, Visakhapatnam, Andhra Pradesh with two observation which are only procedural in nature.
HDFC | Infosys | ICICI Bank | Reliance Capital | Usha Martin | Laurus Labs | IOC | MRPL | Indian Hotels | Piramal Enterprises and Jaiprakash Associates are stocks, which are in the news today.