Stocks In News On 7th August, 2020

STOCKS TO WATCH

EARNINGS TODAY
Cipla
Mahindra & Mahindra
Abbott
Adani Transmission
Aditya Birla Capital
Alembic
Alkem Laboratories
Alphageo
Amara Raja Batteries
Amber Enterprises
Automotive Axles
Balrampur Chini Mills
Bata India
BEML
Birla Corporation
Container Corporation of India
Emami
FDC
Entertainment Network
Finolex Industries
Gabriel India
Johnson Controls - Hitachi Air Conditioning
Kajaria Ceramics
Mahanagar Gas
Rane Madras
Ramco Industries
REC
Shipping Corporation Of India
Siemens
Sobha
Sudarshan Chemical Industries
Ramco Cements
Indo Rama-Synthetics
IFB Agro

Mindspace Business Parks REIT
Company will debut on bourses today

Lupin
Signed exclusive distribution pact with ForDoz Pharma for 2 complex injectable assets under development in the US

Jubilant FoodWorks
Forayed into the FMCG category with a range of ready to cook sauces, gravies and pastes
Launches 8 products across Indian and Chinese cuisines and and will initially be exclusively available for consumers across e-commerce portals

Welspun Corp
Board has approved listing of Welspun Middle East Pipes in the local stock exchange at Saudi Arabia
At a consideration exceeding $30 million along with proportionate shares to be divested by the local partners
Post the proposed listing, the shareholding of the Company in WMEPL would not fall below 35% from its existing shareholding of 50.01%

Wipro
Collaborated with Intel to enable Wipro’s digital workspace solution with the Intel platform

Minda Industries
Board to consider Rs 250 crore rights issue's issue price, rights entitlement ratio, record date, timing and other related matters on August 11

GOCL Corporation
Acquired APDL Estates for Rs 62 crore without the liabilities, from Hinduja Realty Ventures

Rupa & Company
Company made timely payment of the maturity amount with respect to commercial paper

Indraprastha Gas
ICRA reaffirmed credit rating of IGL for Rs 4,000 crore at AAA and A1+
Outlook on the long-term rating is stable

Trident
Promoters acquired 7 lakh shares of the company via open market transactions on August 5

Shriram Transport Finance
Board approved allotment of 2.62 crore shares at issue price of Rs 570 per share, which is at a discount of 14% to closing prices as on Aug. 6

Deepak Nitrite
Co’s arm Deepak Phenolics is expanding its capacity of production of lsopropyl Alcohol at its manufacturing facitity situated at Dahej, Gujarat from 30,000 to to 60,000 tons per annum
Investment cost will be Rs 50 crore and it is expected to be commissioned in the first quarter of fiscal 2022

Alembic Pharma
Board closed the QIP issue at a price of Rs 932 per share, which was at a discount of 4.97% to the floor price and discount of 14% to the closing prices as on Aug 6

Prince Pipes and Fittings
Entered into a technical collaboration with Tooling Holland BV, a global player in the international plastic injection moulding industry based in The Netherlands

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