Stocks To Watch: Lupin, Punjab National Bank, Britannia Industries And More

07 Nov 2016, 07:51 AM IST

A Trader Monitors Fluctuations in Stock Prices, China (Photographer: Danfung Dennis/Bloomberg)

The Nifty Futures on the Singapore Exchange, an early indicator of Nifty’s performance in India, gained 0.83 percent to 8,515.

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Lupin: Receives an Establishment Inspection Report (EIR) for the Goa facility from USFDA for an inspection carried out in March 2016.
Punjab National Bank: To raise tier-I capital bonds up to Rs 3,000 crore. To raise tier II bonds of up to Rs 3000 crore subject to availability of headroom.
Sun Pharma: Pledges 1 lakh shares in favour of Kotak Securities.
Grasim: Gets RBI approval to raise FPI limit to 30 percent from 24 percent.
NMDC: Produced 16.8 million tonne of iron ore and sold 18.97 million tonne of iron in October 2016.
Union Bank of India: To raise Rs 3,500 crore via rights issue or QIP.
Indian Hotels: Independent directors express confidence in Cyrus Mistry.
Aditya Birla Fashion and Retail: Strikes a deal with global luxury brand ‘Ted Baker.’
GMR Infrastructure: Announces consummation of strategic investment by Tenaga Nasional Berhad, Malaysia in GMR Energy Ltd.
Gati: Invests in multi-channel order management platform ‘BrownTape Technologies.’
Spice Mobility: Subsidiary Spice VAS Africa acquires 100 percent stake in SVA (Mauritius) Pvt. Ltd.
Ujaas Energy: Receives order for design, supply, testing and commissioning of Grid Interactive SPV.
Dalmia Bharat: To merge with Odisha Cement (OCL) and Dalmia Cement. Dalmia Bharat holders to get 2 OCL shares for every 1 DBL share.

Also Read: Dalmia Bharat Group Seeks To Unlock Value By Consolidating Cement Businesses Under One Arm

Indian Oil Corporation: Hikes Petrol price by Rs 0.89 a litre, diesel by Rs 0.86 a litre.
KPIT Technologies: Divests its Berlin-based Subsidiary, KPIT Medini Technologies AG, which focused on functional safety products, to ANSYS.
HCC: RBI panel approves S4A scheme.

Also Read: RBI Panel Approves Stressed Assets Structuring Programme For HCC.

TCS: Positioned as a leader in B2C mobile services by independent research firm.
Indosolar: Informed the exchange regarding assignment of facilities by Andhra Bank to Asset Reconstruction Company (India) Ltd (ARCIL) under the Securitization Act, 2002.
Karur Vysya Bank: Opens new branch in Tirupur district.
Nilkamal: Proposes to introduce a new product – Nilkamal Bubble Guard Sheets in its existing plastics business by January 2017.
Career Point: Sanctioned a skill development project worth Rs 8.93 crore.
Bank of Baroda: Revised Marginal Cost of Funds Based Lending Rate (MCLR) with effect from November 07, 2016, across various tenors at 10 basis points lower.
Bank of India: Fixed marginal cost of funds based lending rate (MCLR) with effect from November 07, 2016 lower by 10 bps at 9.30 percent for one-year tenor.
Ricoh India: Board to consider and approve financial results for quarter ended December 31, 2015 and for quarter and year ended March 31, 2016 on November 18.

Maruti Suzuki: Suzuki to invest $970 million in Gujarat plant's second line which will debut in 2019. (Financial Express)
Spicejet: DGCA opens investigation into co's landing gear defect. (Financial Express)
Jindal Stainless: May bid for SAIL's Salem plant. (Financial Express)
Tata Motors: FIIs write to company’s board expressing concerns over governance. (Economic Times)
Cipla: India Ratings puts ratings on negative, outlook stable. (PTI)
Tata Motors: Says Nano investment significantly written off. (PTI)
Maruti Suzuki: Working to develop low-cost hybrid cars. (PTI)
Cairn India: Writes to PM Modi on tax dispute ahead of U.K. PM visit. (PTI)