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Stocks in news: Electrotherm, IndSwift, SREI, Munjal Showa
Opto Circuits | GVK Power | Electrotherm India | IndSwift | SREI Infra | Maruti Suzuki | Munjal Showa and Everonn are stocks, which are in the news today.
Q2 advance tax numbers ((Sources) - GSK Pharma likely to pay Rs 82 crore versus Rs 81 crore (YoY) - Hindalco likely to pay Rs 140 crore versus Rs 140 crore (YoY) - M&M Financial likely to pay Rs 70 crore versus Rs 65 crore (YoY) - Greaves Cotton likely to pay Rs 16 crore versus Rs 12 crore (YoY)
CBI court dismisses bail plea of Everonn MD -Court extends judicial custody of P Kishore & 2 others -P Kishore may move Madras HC for bail next week -Judicial custody extended by 15 days
Strike hits auto firm Munjal Showa at Manesar: Sources -900 workers of Munjal Showa on strike since Monday -Manesar plant of Munjal Showa shut since Monday evening -Strike spreads to second Munjal Showa plant in Gurgaon -Workers at Gurgaon facility also strike work on Tuesday -Strike affects production at Hero MotoCorp & Honda 2-wheelers -Trouble relates to trainees not being made permanent -Munjal Showa among largest suppliers of shock absorbers
Maruti Suzuki on Manesar says -100 new regular workers recruited for Manesar plants -5 striking workers dismissed -Another 500 Swift cars produced on Tuesday -Will not enter into any dialogue with striking workers -104 workers have signed the good conduct bond
Other stocks and sectors that are in news today: -Viom Networks appoints KPMG to probe misappropriation of funds by Kanorias - (ET) (SREI Infra to be in focus) -FDI in multi- brand retail put on backburner, govt won't take a call before next financial year (BS) -Ranbaxy in talks with IndSwift to source raw material for Lipitor Generic (ET) -Saint Gobain in talks to acquire pipes division of Electrotherm India for around Rs 300-350 crore (ET) -GVK Power -Hancock deal facing financial hurdles as lenders scaling down their exposure (BS) -EGoM to decide on Friday on limiting the number of subsidized LPG cylinders to 4-6 per households a year to prevent diversion of domestic fuel for commercial use (FE) -Urea decontrol faces roadblock, as chemical & fertilizer ministry says the move will impact the marginal farmers (FE) -Solicitor General advises ministry to make costs that RIL can recover from block dependent on capacity utilization (Mint) -Ex Dividend: Kothari Products Rs 22/sh -F&O ban: ABG Shipyard, Gitanjali Gems, KS Oils -Bank of Baroda hikes bulk deposit rates by 75-175 bps from Wednesday -Opto Circuits subsidiary Opto Eurocor Healthcare proposes to raise upto Rs 1000 crore through IPO
