Top stocks in focus: Cipla, AstraZeneca Pharma, Adani Enterprises

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

Sep 26, 2019 01:09 IST India Infoline News Service

Stocks In Focus
DHFL defaulted in interest and principal payment on NCDs due on September 20.

Cipla has launched Daptomycin for Injection, AP-rated generic equivalent of Cubicin for Injection in the United States.

GlaxoSmithKline Pharmaceuticals: Regulatory authorities have detected genotoxic nitrosamine NOMA in ranitidine products.

Brickwork Ratings has revised the credit ratings of Gravita India.

AstraZeneca Pharma has received import and market permission in Form 45 (marketing authorization) from the Drugs Controller General of India.

Brickwork Ratings has assigned "BWR AA+ (SO)" with "stable" outlook on Dredging Corporation of India's tax-free bonds.

Adani Enterprises has incorporated Adani Mangalore International Airport.

Bank of Baroda has enhanced the credit facility, under Consortium Financial Facility Arrangement, by Rs50cr to Paisalo Digital.

Credit rating agency Acuite Ratings & Research has reaffirmed credit rating "ACUITE A1+ " assigned to the Future Enterprises' commercial paper.

Sterlite Global Venture (Mauritius), a wholly-owned subsidiary of Sterlite Technologies, has entered into definitive agreements to acquire a 100% stake in Europe's Impact Data Solutions Group.

SRF said that Supreme Court has dismissed the company’s petition against High court order to pay stamp duty and penalty of Rs28.82cr. The demand of the Collector of Stamps, (Madhya Pradesh) stands confirmed. The company stated that it is exploring other legal options.

Jet Airways’ Insolvency: NCLT directed the financial creditors to release funds for interim finance immediately. Jet Airways’ Resolution Professional had moved NCLT seeking directions for release of funds. Share of banks in interim financing was approved in CoC's first meeting. NCLT has directed Yes bank, Punjab National Bank, IDBI Bank, Bank of India, Indian Overseas Bank and Axis Bank to sanction and release the amounts immediately.

CG Power & Industrial Solution's Board has appointed Ashish Kumar Guha as the Chairman of the company with effect from Sept. 24. The board has constituted Special Situation Committee to focus on operational improvement, strategic review of international businesses, capital re-structuring including raising capital and dealing with the regulatory bodies. The board will consider first and second quarter results on or before Nov. 11.

Talwalkars Healthclubs: MCA has approved extension of AGM for a period of 3 months from Sept. 30.

Related Story