Stocks In News On 5th January, 2021

Stocks In News

Gateway Distriparks, Abans Enterprises
Ex-Date Interim Dividend

TIPS Industries
Price Band Revised From 20% To 10%

Datamatics Global Services, L&T Technology Services, Kuantum Papers
Move Out Of Short-term ASM Framework

Jaiprakash Associates
Move In To ASM Framework

Bajaj Finance Q3FY21 Business Update
Loans increased to Rs. 1,43,700 Cr (+5% QoQ, -1% YoY)
Customer Franchisee increased to 46.3 Mn (+5% QOQ, +15% YoY)
New loans booked were at 6.0 Mn against QoQ 3.6 Mn and YoY 7.7 Mn
Liquidity remains in excess at Rs. 14,600 Cr while CRAR remains healthy at 28.0%

Force Motors Dec'20 Sales - Declined
Total Sales came at 1084 vs YoY 2747 units (-60.5%) and MoM 1128 units (-3.9%)

HDFC
Individual loan business continues to see improvement during the October-December period
For the nine months ending December 31, 2020, individual loan disbursements stood at 86% of the same period last year
Disbursement growth at 26%, Profit on sale of investment at Rs 157 crore Vs nil
Current shareholding in HDFC Life at 49.99%

Sun Pharma
Initiated Phase 2 clinical trial for SCD-044 in patients with moderate to severe plaque psoriasis
The study will enroll approximately 240 subjects and topline results are expected in 2022

KNR Construction
Has received orders worth of Rs 603.63 crore from Project Director, Highways (FAC), Chennai Kanyakumari Industrial Corridor Project
The company will also be responsible for the maintenance of the entire project stretch design length of 109.273 km for 7 years on EPC Mode
The project will be completed within 39 months from the appointed date

National Fertilizers
Achieved highest ever production of 9.99 lakh Million Tonnes Urea in the third quarter of FY21
Nangal and Panipat plants achieve best ever Urea production
Produced highest ever quantity of 4,981 MT of Bentonite Sulphur at Panipat plant

NBCC (India)
Awarded the work for construction of Balance works/rectification of defects for the works of HEART BEAT - 2 on as is where Basis at Heartbeat City, Noida, pertaining to Amrapali group of companies on EPC basis to Gaursons Hi-Tech Infrastructure for a total contract value of Rs 351 cr

MOIL
Resources base of 7.65 mn tonnes of Manganese Ore established in Gujarat under MoU with GMDC
MECL's report suggests availability of good grade of ore having potential and viability for manganese mining
As the property seems to be viable, a JVC will be formed between MOIL and GMDC with shareholding of 51% and 49% respectively

Glenmark Pharmaceuticals
Issued a notice of optional redemption to the holders of U.S. $200 mn 4.5% Senior Notes due 2021 listed on the Singapore Exchange Securities Trading Limited
Elected to redeem $10,000,000 aggregate principal amount outstanding of its 4.5% Senior Notes due 2021
Redemption price for the Redeemed Notes will be 101.125% of the outstanding principal amount of the Redeemed Notes, plus accrued and unpaid interest thereon and additional amounts

Edelweiss Financial Services
The Rs 200 crore public NCD issue of the company was oversubscribed
The issue successfully mobilised over Rs 240 crore

Jindal Saw
A meeting of Board of Directors will be held on January 11, for consideration of the proposal for issuance of NCDs on private placement basis

IIFL Securities
IIFL Insurance Brokers Limited, a wholly-owned subsidiary of the company, has received permission from IRDA for undertaking insurance e-commerce activities in lndia through Insurance Self Networking Platform

Here are our social media handles. Request you to follow us and stay connected for more updates:
LinkedIn: https://www.linkedin.com/company/nirmal-bang/
Facebook: https://www.facebook.com/nirmalbang/
Instagram: https://www.instagram.com/nirmalbanggroup/
Twitter: https://twitter.com/NirmalBang

Visit our website on: https://www.nirmalbang.com/

View more videos on: https://www.nirmalbang.com/static/support-videos.aspx

Disclaimers & Disclosure:
https://www.nirmalbang.com/disclaimer.aspx
https://www.nirmalbang.com/disclosure.aspx

#NirmalBang #BeyondApp #RelationshipBeyondBroking #StockMarketUpdates #NBMarketUpdates #MarketsAtPreOpen #BSE #NSE #StocksInNews #TuesdayMorning