Moneycontrol
Last Updated : Nov 27, 2018 07:43 AM IST | Source: Moneycontrol.com

Stocks in the news: Sun Pharma, IFCI, Suzlon, NMDC, Yes Bank, Unichem Labs

IFCI | Suzlon Energy | Sun Pharmaceutical Industries and NMDC are stocks which are in the news today.

Moneycontrol News @moneycontrolcom

Here are stocks that are in the news today:

Sun Pharmaceutical Industries: Company and its wholly-owned subsidiary entered into settlements with certain plaintiffs in the In re Modafinil Antitrust Litigation matter pending in the United States District Court for the Eastern District of Pennsylvania. The settlements extend to all claims brought by the direct are confidential.

Sun Pharmaceutical Industries: Company to acquire Pola Pharma in Japan by way of cash consideration of 100 million Japanese Yen (approximately $1 million).

IL&FS Transportation Networks: Interest due and payable on November 26 on the NCDs was not paid to the debenture holders due to insufficient funds.

NMDC: Total iron ore production up to October 2018 at 15.47 million tonne and sales production at 16.55 million tonne.

IFCI: On account of resolution of Binani Cement through NCLT, IFCI, which is holding 42,16,850 security receipts of the face value of Rs 1,000 each has received an amount of Rs 491.84 crore, net of TDS of Rs 30.55 crore, pursuant to the said resolution.

Yes Bank: Promoter companies prepaid Rs 200 crore to Reliance MF and Rs 200 crore to Franklin Templeton - CNBC-TV18 Sources. Outstanding loans of bank promoters reduced to Rs 1,400 crore.

Matrimony.com: Board approved resignation of K Balasubramanian as CFO and approved appointment of Sushanth Pai as CFO.

Oriental Bank of Commerce: Shareholders to consider issuing up to 5 crore shares under ESPS.

Richfield Financial Services: Board approved resignation of Abhijit Puglia as MD and appointed Rishabh Kankaria as the new MD.

Unichem Labs: Mumbai office receives Establishment Inspection Report (EIR) from USFDA for post marketing adverse drug experience inspection.

Suzlon Energy: Company has completed sale of Tornado to CLP and accordingly Tornado has ceased to be a subsidiary of the company.

Sunil Agro Foods: Company has commenced commercial production on the expanded capacity.

TGV Sraac: To recommend appropriate Special Resolution for members approval at the Annual General Meeting for issue and allotment of 1,52,73,682 convertible warrants to the promoters (Brilliant Industries Pvt. Ltd., and Sri T G Venkatesh) at an issue price of Rs 37.01 per warrant to be converted into Equity Shares in the ratio of 1:1 within a period of 18 months of allotment.

Bulk Deals

Agro Phos India: Bharati Arvind Shah purchased 1,80,000 shares of the company at Rs 42.12 per share on the NSE.

GSS Infotech: Dharmesh Maldevbhai Godhania bought 1 lakh shares of the company at Rs 117.95 per share on the NSE.

Sita Shree Food Products: Daffodil Laboratories Private Limited purchased 3,72,049 shares of the company at Rs 0.75 per share on the NSE.

(For more bulk deals, click here)

Analyst or Board Meet/Briefings

Motherson Sumi Systems: Conference organised by UBS Global Emerging Markets to be held on November 27 at New York and organised by Nomura to be held on December 3-4 at Hong Kong.

TIL: Conference call with the investors / shareholders of TIL has been fixed through Emkay Global Financial Services Limited on November 29.

Acrysil: Officials of the Company will be attending the investor conference hosted by Edelweiss on November 27 in Mumbai.

Greenply Industries: Investor and Analyst Meet to discuss the operating & financial performance and future growth plans of the company on December 6.

Mishtann Foods: Board meeting is scheduled on December 4 to consider to apply and authorise any director of the company, for making application for listing at Metropolitan Stock Exchange (MSE).

Welspun Corp: Company will be attending a conference Organised by Edelweiss Broking on November 27 in Mumbai.

Tata Steel: Company's officials will be meeting Legal & General Investment Management, Insight Investments, Amundi Pioneer and Stone Harbor Investment Partners on November 27 in London.

Inox Leisure: Board meeting will be held on November 29 to approve the issue price for the preferential allotment.

Godawari Power & Ispat: Dinesh Gandhi, Director of the company will be participating in conference organised by Edelweiss Broking Limited on November 27.

Muthoot Finance: Board meeting is scheduled on December 6 to consider the unaudited standalone financial results of the company for the quarter and half year ended September 2018.

Eicher Motors: Company's officials will be meeting JP Morgan Global on November 27.

Galaxy Surfactants: Officials of the company will be meeting investors and analyst at the plant and R&D centre on November 27 in Navi Mumbai.

Emmbi Industries: Company will be attending a conference Organised by Edelweiss Broking on November 27 in Mumbai.

Indostar Capital Finance: Company will be attending a conference Organised by Edelweiss Broking on November 27 in Mumbai.

Magma Fincorp: Company will be attending a conference Organised by Edelweiss Broking on November 27 in Mumbai.

Future Supply Chain Solutions: Officials of the company will be participating the "Edelweiss GWAM Emerging Ideas Conference" scheduled to be held on November 27 at Mumbai and would meet various categories of investors.

Tamil Nadu Newsprint & Papers: Company's officials will be meeting HDFC Fund on November 27.

Multi Commodity Exchange of India: Company will be participating in non-deal road show of UBS Securities India Private Ltd and IIFL Holdings Limited on November 26-27 in Hong Kong, November 29-30 on Singapore and December 3-5 in UK.
First Published on Nov 27, 2018 07:43 am
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