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Some of the stocks that should be on your radar are: Mahindra & Mahindra Financial Services, PDS Multinational Fashions, Hindustan Unilever, Mindtree,Exide Industries, JSW Energy, Jaiprakash Power Ventures, Elder Pharmaceuticals, GRUH Finance, Housing Development Finance Corporation.
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Lupin | Wipro | JSPL | Persistent Systems | SpiceJet | Chambal Fertilisers | Ballarpur Industries | Elder Pharma | ICICI Bank | ONGC | IOC | Oil India | Greenply Industries | Mahindra & Mahindra | Global Vectra | Indian Hume Pipe | Palred Tech and Vakrangee are stocks, which are in the news today.
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According to Gaurang Shah of Geojit BNP Paribas Financial Services, one may hold Torrent Pharma.
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Raising funds is a time consuming process and cannot be done overnight as the 'due-diligence' by lenders/investors takes up many months at times, the release said.
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Raising funds is a time consuming process and cannot be done overnight as the 'due-diligence' by lenders/investors takes up many months at times, the release said.
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The company, which has been refused extension by the Bombay High Court for repayment of money to the tune of Rs 155 crore to various investors, said it is "committed to repaying" all its creditors by raising funds through a combination of debt, equity and asset sale.
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Stocks in news are: Infosys, Zensar Technologies, Kingfisher Airlines, IDBI Bank, Tata Steel, Unichem Laboratories, Elder Pharmaceuticals, TCI Industries, SREI Infrastructure Finance,TNPL.
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Elder Pharmaceuticals sought further time on the ground that it had opened talks with financiers to infuse fresh equity of Rs 170 crore into the ailing company.
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Stocks in news are: Jubilant Foodworks, Westlife Development, Sobha,Asian Paints, Colgate Palmolive (India), NIIT, Muthoot Finance, Tata Communications, Elder Pharmaceuticals.
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"It was deliberated that complying with the legal parameters, proposal of sale should be put forward before board of Elder Pharmaceuticals by board of Elder International, FZCO - Dubai for further consideration and necessary approval."
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Stocks in news today are: Motherson Sumi Systems, Tata Steel, Shree Renuka Sugars, Elder Pharmaceuticals, Sadbhav Infrastructure Projects, Larsen & Toubro Infotech, Vedanta.
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Larsen and Toubro | BPCL | Shree Renuka Sugars | ONGC | Sadbhav Infrastructure | Elder Pharma | Motherson Sumi | Nestle India and Maruti Suzuki are stocks, which are in the news today.
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Analysts strongly expect the RBI governor Raghuram Rajan to cut repo rate by 25 basis points in monetary policy that is scheduled on September 29, citing lower CPI inflation despite disappointment over monsoon rains.
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Discussing his outlook on pharma names, Pal said that he expects only a 10-12 percent growth in Lupin‘s stock. Rating agencies Credit Suisse and Nomura had upgraded their ratings on the stock recently.
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"A meeting of board of directors of the company will be held on September 28 to consider proposal for sale of step down overseas subsidiaries," the pharma company says in its filing to exchange on Wednesday.
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Stocks in limelight are: Lupin, GMR Infrastructure, SREI Infrastructure Finance, Glenmark Pharma, C&C Constructions, Elder Pharmaceuticals, Future Retail, Sadbhav Engineering, Indiabulls Housing Finance.
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Maruti Suzuki | Larsen and Toubro | Orient Green Power | Skipper | Cadila Healthcare | IRB Infra | Amtek Auto | Manappuaram Finance | C&C Construction | Elder Pharma | Aban Offshore | Balmer Lawrie | Hinduja Ventures | NHPC | Castex Technologies and Metalyst Forging are stocks, which are in the news today.
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A meeting of company's board will be held on September 28 to consider the proposal for sale of step down overseas subsidiaries, Elder Pharma said in a regulatory filing.
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Here are a few top buzzing midcap stocks picked by CNBC-TV18's analysts in trade today. We have JK Tyre, Kesoram Industries, Idea Cellular, Just Dial, Vivimed Labs, Elder Pharmaceuticals and Arvind Infrastructure.
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L&T Finance Holdings | Jindal Steel Holdings | Amtek India | NTPC | Borosil Glass | Elder Pharma | Adani Power | Maruti Suzuki | Jaiprakash Power | Kesoram Industries | JK Tyre | Castex Technologies and Axis Bank are stocks, which are in the news today.
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Here are a few top buzzing midcap stocks picked by CNBC-TV18's analysts in trade today. We have Sun Pharmaceutical, Godrej Consumer, Natco Pharma, Gokaldas Exports, Elder Pharmaceutical, Amtek Auto and Infosys.
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Many of senior employees including junior and subordinate staff have resigned and due to this severe shortage of employees to handle the work of accounts, audit for the June quarter has not completed within time.
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"Bimal Desai, Chief Financial Officer of the company has resigned with effect from August 31. Management has accepted his resignation and he has been relived from the services," the company said in a statement.
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Anmol Ganjoo of JM Financial likes Divis Laboratories and Torrent Pharma from the pharma space.
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Rajat Bose of rajatkbose.com is of the view that Elder Pharmaceuticals may test Rs 121 and Vesuvius India may hit Rs 757-761.
