Sunday, October 21, 2018

Top Stocks in focus today: Lupin Neurosciences, Asian Paints, Jet Airways, Tata Sponge Iron, Piramal Enterprises

Lupin Neurosciences receives marketing authorization for NaMuscla  (mexiletine hydrochloride); drug used for symptomatic treatment of myotonia in adults with non-dystrophic myotonic (NDM) disorders.

Jet Airways said the report of talks with Tata are speculative.

Tata Sponge Iron’s board to meet on October 24 to discuss company's growth and consequent funding options for the same.

Piramal Enterprises strongly refutes rumours about its real estate loan portfolio companies.

Puravankara completes acquisition of Mumbai land from Foods & Inns worth Rs147.5cr, as per a media report.

European Medicines Agency's Committee for Medicinal Products for Human Use (CHMP) issues a positive opinion recommending approval of Biocon’s Ogivri 41, a biosimilar to Roche's Herceptin (trastuzumab).

SKF India board to meet on October 24 to announce results. A proposal for buyback of the company’s fully paid-up equity shares will also be considered.

Reliance Power’s wholly-owned subsidiary Sasan Power won an arbitration award against North American Coal Corporation (NACC). NACC's claim worth $32mn (around Rs235cr) consisting of liquidated damages, interest, and legal cost have been dismissed.

Container Corporation signed agreement with Kribhco Infrastructure.

Tata Steel’s wholly-owned indirect subsidiary TS Global Minerals Holdings enters into an agreement to divest its entire stake in its step-down subsidiary Black Ginger 461 Pty Ltd.

SREI Infra dismisses reports of layoffs; claims it’s false.

Results today: Asian Paints, Hindustan Zinc, Inox Leisure, Jubilant Life, Welspun India, Hindustan Zinc, Alembic Pharmaceuticals.

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