Top stocks in focus: Titan, Adani Ports, Manappuram Finance, Bharti Airtel, TCS

Check out the companies which will be in focus during trade today based on recent and latest news developments.

February 04, 2020 07:58 IST India Infoline News Service

JK Cement successfully commissioned grey cement grinding capacity in Rajasthan and UP.

GMR Infra’s arm GMR Hyderabad International has signed an agreement to operate Bidar airport.

TCS has expanded partnership with Walgreens Boots Alliance for digital solutions for 10 years. The contract is valued at $1.5 billion. Walgreens Boots Alliance owns pharma manufacturing, wholesale and distribution companies.

Baring India Private Equity Fund II is offering 4.2 crore shares (5%) of Manappuram Finance in an accelerated book-building with a floor price of Rs172/share, which is at a discount of 6.57% to the last closing prices. Baring Fund has 8.76% stake in the company as per latest exchange filings, according to Bloomberg report.

The government’s holding in Power Grid has reduced from 53.03% to 49.08% on Jan. 28.

SRF board has approved a project to de-bottleneck the hydrofluorocarbon capacity at Dahej for Rs65.5cr and setup dedicated facilities to produce intermediates catering to the agro-chemicals segment for Rs238cr.

National Peroxide said that its Kalyan plant has commenced operation with effect from Feb. 2.

Thyrocare Technologies said that its two centres at Surat and Baroda have been closed due to unfair business practices by the franchisee.

V-Mart has opened three new stores in Madhya Pradesh and Uttar Pradesh. The company also said that it closed one store in Odisha.

Punjab National Bank board has approved raising up to Rs1,000cr via issue of bonds.

ITI to consider FPO issue price on Feb. 6

M&M Financial Services to consider raising capital via bonds on Feb. 6.

Kohinoor Foods has made an upfront payment towards a one-time settlement to Oriental Bank of Commerce.

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