Top stocks in focus: Fortis, IndiGo, Bandhan Bank, Info Edge, Sundaram Finance

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

Dec 24, 2018 02:12 IST India Infoline News Service

fortis indigo reliance industries
Fortis Healthcare stock in focus today as SEBI orders Singh brothers and other eight group companies to repay Rs403cr to company itself.

Bandhan Bank clarified that the bank was unaware of the news that it is in talks with HDFC for control of Gruh Finance. The bank also stated that it is evaluating various opportunities and will not comment on market speculation.

Info Edge arm increased stake in Nopaperforms Solutions to 48.1% by investing Rs28cr.

IndiGo signed codeshare mutual agreement with Turkish Airlines. The aviation company said this agreement is a part of its international expansion strategy.

Entertainment Network (India) board approved the company’s foray into US Markets.

Petronet LNG restructured its LNG pact with Qatar based LNG Supplier ‘RasGas’.

BHEL is in talks with US firm for lithium ion battery joint venture, as per media reports.

Sundaram Finance stock in focus today. According to media reports, Competition Commission of India approves acquisition of 40% stake of Royal Sundaram General Insurance Company to Ageas Insurance International N.V.

PVR board approved raising Rs750cr via qualified institutional placement via debt or equity.

Himachal Futuristic Communications has received two contracts totalling Rs148cr from L&T to execute the telecommunication systems projects for the Mauritius Metro Express Project and for the Dhaka Metro Mass Rapid Transit System.

Inox Leisure commenced commercial operations of Multiplex Theatre in West Bengal.

EPC Industrie board approved change in the name of the company from EPC Industrié Limited to Mahindra EPC Irrigation Limited.

Unichem Laboratories has received ANDA approval from USFDA for Pramipexole Dihydrochloride tablets, which are indicated for the treatment of Parkinson's disease.

Lumax Auto Technologies board approved merger of its wholly owned arm-Lumax DK Auto Industries with self.

Reliance Industries completed acquisition of 5.56% strategic stake in Vakt Holdings Limited, UK.

Power Grid acquired Jawaharpur Firozabad Transmission Limited (JFTL), the project SPV to establish transmission system for evacuation of power from 2 x 660 MW Jawaharpur Thermal Power Project and construction of 400 kV substation at Firozabad along with associated Transmission Lines, on build, own, operate and maintain (BOOM) basis from REC Transmission Projects Company Limited.

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