Stocks in the news | GMM Pfaudler, Route Mobile, Deepak Nitrite, Indiabulls Housing Finance
IIFL Finance, Muthoot Finance, Shriram Transport, Manappuram Finance, Tuticorin Alkali Chemicals, Angel Broking, Route Mobile, Tata Motors DVR 'A' Ordinary Shares and Shree Renuka Sugars are also among the stocks in focus today.
GMM Pfaudler | Promoter to sell 25.71 lakh shares via offer for sale, floor price set at Rs 3,500 per share on September 22-23.
Indian NBFIs - IIFL Finance, Muthoot Finance, Shriram Transport, Manappuram Finance | Fitch maintained rating watch negative on IIFL Finance's B+ rating, but removed rating watch negative on Muthoot Finance, Shriram Transport and Manappuram Finance.
Tuticorin Alkali Chemicals | Promoters Southern Petrochemical Industries Corporation, Twinshield Consultants and South India Travels proposed to sell over 2.2 crore equity shares of the company via offer for sale on September 22-23.
Angel Broking | IPO will open for subscription on September 22 and close on September 24, with a price band at Rs 305-306 per share.
Phillips Carbon Black | CARE reaffirmed company's long-term credit rating at AA-/Stable.
Route Mobile | Goldman Sachs invested in stock through its three funds - Goldman Sachs India Fund acquired 4,75,012 equity shares in company, Goldman Sachs Trust Emerging Markets Equity Fund 8,00,908 shares and GS FDS SICAV GS Global Emerging Markets Equity Portfolio bought 11,33,423 shares at Rs 705.95 per share on the NSE. Kuwait Investment Authority A/C Kuwait Investment Authority Fund 225 also bought 5,78,504 shares in company at Rs 697.25 per share.
Tata Motors DVR 'A' Ordinary Shares | The Vanguard Group Inc A/C Vanguard Emerging Markets Stock Indexfd A Series of V I E I F acquired 30,41,977 shares in company at Rs 63.37 per share.
Deepak Nitrite | The Vanguard Group Inc A/C Vanguard Emerging Markets Stock Index Fund A Series of V I E I F bought 12,02,981 shares in company at Rs 839.18 per share.
Indiabulls Housing Finance | Indiabulls Housing Finance Limited-Employees Welfare Trust bought 27 lakh shares in company at Rs 156.95 per share.
ASL Industries | Display Commercial acquired 4,84,000 shares in company at Rs 5.15 per share.
Shree Renuka Sugars | Company approved the allotment of 21,16,70,481 equity shares, for cash at a price of Rs 8.74 per share aggregating to Rs 185 crore on preferential basis to Promoter, Wilmar Sugar Holdings Pte Ltd.
Ramco Cements | ICRA reaffirmed long term credit rating at AA+/Stable.
Glance Finance | Promoter group entity Narendrakumar Sardarsingh Karnavat to sell an aggregate of 35,878 (1.59 percent) equity shares via offer for sale on September 23-24.
MEP Infrastructure Developers | Promoter entity Sudha D Mhaiskar released 4.5 lakh pledged shares.
HSIL | Company approved buyback of up to Rs 70 crore worth of shares at Rs 105 per share.
HFCL | Promoter entity MN Ventures Pvt Ltd raised stake in company to 19.30 percent from 19.14 percent earlier.
NR Agarwal Industries | Company appointed Praveen Kumar Bhandari as the Chief Financial Officer (CFO).
