Stocks In News On 1st October, 2020

Stocks In News

Inox Leisure, PVR, Speciality Restaurants, Jubilant Foods, Westlife Development, Coffee Day Enterprises
Government has allowed reopening of cinema halls, theatres, multiplexes with effect from Oct.15 with a maximum of up to 50% of their capacity

ONGC, Oil India, HOEC, City Gas Distribution Cos
Natural gas prices cut by 25% to $1.79/MMBTU from Oct. 1
New price for natural gas produced from domestic fields will be valid for six months beginning Oct. 1.
The latest reduction in price brings it to a level last seen in 2010, when prices were set by the government
Gas ceiling price for difficult fields with high pressure and high temperature set at $4.06/MMBTU
New prices are the lowest in a decade

MOIL
The price of all grades of Ferro, SMGR grades, fines and Chemical grades have been raised by 7.5% as compared to the previous month

Lupin/Natco Pharma
Launched Lapatinib Tablets, after company’s alliance partner Natco Pharma received final approval for its ANDA from the USFDA
Drug is used primarily for the treatment of certain types of breast cancer

Sanofi
Sanofi Pasteur India, vaccine unit of the company said it has launched a booster vaccine for preschoolers to protect against four major diseases -diphtheria, pertussis, tetanus and polio

Punjab National Bank
Reported a borrowal fraud of Rs 1,203.26 crore in NPA account of Sintex Industries
Bank has already made provisions amounting to Rs 215.21 Crore, as per prescribed prudential norms

HDFC
National Housing Bank imposed a monetary penalty of Rs 1.5 lakh on the Corporation for non-compliance of the Housing Finance Companies Directions

Aviation Stocks In Focus
DGCA extends suspension of international commercial flights till October 31

Syndicate Bank, Oriental Bank of Commerce (OBC), United Bank of India, Andhra Bank, Corporation Bank, and Allahabad Bank
RBI excludes 6 PSBs from Second Schedule of RBI Act

Bank of Baroda
Dissolved its wholly owned arm BOB (UK) in United Kingdom with effect from Sep.22
As on date, Bank has a wholesale branch and a wholly owned retail subsidiary viz. Bank of Baroda (UK)

JMC Projects
Care Ratings has downgraded the rating of short term bank facilities from CARE A1+ to CARE A1

Infibeam Avenues
Sold its 51% stake in its wholly owned arm Infibeam Logistics to Osia Hypermart Retail for Rs 19 crore

Shree Renuka Sugars
Will commence operations at its port based refinery at Haldia (West Bengal) in the first half of Oct., subject to receipt of all regulatory approvals
The Haldia refinery can refine up to 2,000 tons of raw sugar per day

Indian Bank
Base Rate revised from 9.15% to 8.3% and External Benchmark Lending Rate from 13.4% to 12.55% to be effective from Oct.3
MCLR and Policy Repo Rate linked External Benchmark Lending Rate remains unchanged

Gujarat Ambuja Exports
Ex-Date For Share Split
Face value split from Rs 2 to Rs 1 per share

Aarti Drugs
Record Date Bonus Issue in ratio of 3:1

RIL
Reliance Retail deal: Silver Lake's co-investors to add another Rs 1875 crore
This latest investment values Reliance Retail at a pre-money equity value of ₹ 4.285 lakh cr

SBI
Will raise up to Rs 5,000 crore through debt instruments in the current financial year

Birla Tyres
In talks with multiple prospective partners both within the country and overseas for strategic collaboration, PTI

Panacea Bio
Received a warning letter from the US health regulator for its pharmaceutical formulation facility at Baddi in Himachal Pradesh

Chemcon, CAMS
Chemcon Speciality Chemicals and Computer Age Management Services (CAMS) are set to make a debut on Dalal Street

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