Monday, July 13, 2020

Stocks to Watch: RIL, Bharti Airtel, Biocon, Godrej Industries, Cipla : 14.07.2020

Stocks to Watch: RIL, Bharti Airtel, Biocon, Godrej Industries, Cipla : 14.07.2020


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Stocks to Watch: RIL, Bharti Airtel, Biocon, Godrej Industries, Cipla : 14.07.2020


Stocks to Watch: RIL, Bharti Airtel, Biocon, Godrej Industries, Cipla : 14.07.2020

Stocks in the news: Phoenix Mills, Godrej Industries, 5paisa Capital, DB Corp, Adani Ports, Tata Steel
BF Utilities | Centrum Capital | Clariant Chemicals | Arvind Fashions Rights Entitlement | MBL Infrastructures | North East Carry Corp are also some of the stocks in focus today.

Centrum Capital | Promoter BG Advisory Services LLP sold 6 lakh shares via off market transaction on July 10

Phoenix Mills | Board approved raising funds up to Rs 1,100 crore.

Godrej Industries | The company approved the issuance of NCDs worth Rs 750 crore on private placement basis.

BF Utilities | Radhakishan Shivkishan Damani bought 1.3% stake in the company during June quarter.

5paisa Capital Q1 | Profit stood at Rs 2.8 cr versus a loss of Rs 0.52 cr in the year-ago, revenue at Rs 42.4 cr versus Rs 22.8 cr.

Clariant Chemicals | Nihar Nandan Nilekani sold 1,92,012 shares of the company at Rs 558.29 per share, Rohini Nilekani 2 lakh shares at Rs 546.17 per share and Janhavi Nilekani 2,26,000 shares at Rs 551.35 per share.

Arvind Fashions Rights Entitlement | Kotak Standard Multicap Fund offloaded 4,83,404 RE shares of the company at Rs 36.26 per share.

DB Corp | DB Consolidated released pledge on 28 lakh shares of the company.

Adani Ports | Adani Logistics successfully completed its first-ever containerized cargo export from India to Bangladesh utilizing inland waterways.

MBL Infrastructures Q4 | Profit stood at Rs 289.71 cr versus a loss of Rs 302.12 cr in the year-ago, revenue was at Rs 85.3 cr versus Rs 12.97 cr.

North East Carry Corp | Silvertoss Shoppers acquired 3 lakh shares of the company at Rs 16 per share.

Aurobindo Pharma | Company gets US FDA nod for Albuterol Sulfate and Ipratropium Bromide Solution used to treat chronic obstructive pulmonary disease.

Tata Steel | Moody’s confirms Tata Steel’s ‘Ba2’ rating; changes outlook to negative.

HDFC Bank | Bank said it has launched a probe into its auto lending practices following allegations against the conduct of a long-time executive who retired on March 31 this year. "We would like to state that the executive concerned who was on an extension of service retired on March 31, 2020 in the normal course of his employment. The bank has a well established process of investigating every complaint that it receives and takes actions as appropriate," an HDFC Bank spokesperson said.

Vodafone Idea | Company approached the telecom tribunal TDSAT against the sectoral regulator Trai's missive to put on hold its plan that promised faster speeds to certain priority users, according to sources. Sources privy to the development said that the telecom operator has filed a petition in the Telecom Disputes Settlement and Appellate Tribunal (TDSAT), challenging Trai's move and has requested for an early hearing on the matter.

Biocon | Biocon's partner Equillium has said it is planning to conduct a global randomised controlled clinical trial of Itolizumab in COVID-19 patients, for which the American biotech firm will file a US investigational new drug application (IND).

HDFC | Mortgage lender said it is planning to raise up to Rs 45,000 crore by issuing debt securities, and will seek approval of shareholders in its upcoming AGM later this month. The board of directors of HDFC Ltd will meet on July 30 to announce the quarterly results for the first quarter ended June of the current fiscal, it said in a regulatory filing.

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