Stocks in the news: Tata Motors, Lupin, Oil India, Bulk Deals, Analyst or Board Meet/Briefings
Kesoram Industries | Kridhan Infra | VST Tillers Tractors | Mandhana Industries | Rattanlndia Infrastructure and Tata Motors are stocks which are in the news today.
Here are stocks that are in the news today:
Lupin: Company launched generic Silodosin capsules 4mg and 8mg in the US. It is indicated for the treatment of the signs and symptoms of benign prostatic hyperplasia (BPH).
Kesoram Industries: Company decided to spin off its tire business by demerging this undertaking into a resulting company, Birla Tyres Limited (BTL). BTL will also become a listed company with its shareholding pattern mirroring Kesoram.
Tata Motors: S&P Global Ratings downgraded company and Jaguar Land Rover Automotive Pie, wholly owned subsidiary.
Walchandnagar Industries: A Shrikant, Chief Financial Officer (CFO) resigned from the services of the company.
Oil India: Company successfully commissioned the Cyclic Steam Stimulation (CSS) technology in the well BGW - 8 in Baghewala PML of Rajasthan for extraction of heavy crude oil for the first time in India.
Bulk Deals
AVG Logistics: Sixth Sense India Opportunities II bought 1,71,600 shares of the company at Rs 75.19 per share on the NSE.
GSS Infotech: Ritesh Spinning Mills purchased 1 lakh shares of the company at Rs 129.48 per share on the NSE.
Rolta India: Anupam Narain Gupta bought 10,30,000 shares of the company at Rs 13.54 per share on the NSE.
Analyst or Board Meet/Briefings
The Investment Trust Of India: Board meeting is scheduled for December 7 to consider the revised scheme of arrangement.
Phillips Carbon Black: Company intends to attend the investors' conference on December 5, 2018, at Mumbai organized by B&K Securities.
Tata Steel: Company's officials will be meeting with fixed-income investors in Singapore on December 5, and Abu Dhabi Investment Authority on December 11 in Mumbai.
Veto Switchgears and Cables: Board meeting is scheduled for December 15 to consider the treatment of preferential warrants convertible into equivalent number of equity shares as issued on May 31, 2017.
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