Top stocks in focus: Dr. Reddy's, Sun Pharma, Praj Industries, Godrej Industries, KEC International

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

Dec 02, 2020 07:12 IST India Infoline News Service

Dr Reddy's Labs and Russian Direct Investment Fund (RDIF) commenced clinical trials for Sputnik V vaccine in India.

Sun Pharma Advanced Research Company's Promoter entity Raksha Sudhir Valia released 34 lakh equity shares of the company.

Tata Capital Financial Services Ltd sold 11.6 lakh shares or 0.64% stake in Praj Industries Ltd at an average price of Rs91.16 a share through a bulk deal.

ICRA assigned 'A1+' rating to Godrej Industries' issue of Commercial Paper Programme of upto Rs1,500cr.

ICRA assigned a AA- rating to KEC International's External Commercial Borrowing (Foreign Currency Term Loan) of $20 million.

SML Isuzu sold 516 vehicles in November 2020 against 521 vehicles sold in November 2019.

Hero MotoCorp sold 5,91,091 units of motorcycles and scooters in November 2020, against 5,16,775 units in November 2019.

Tata Motors sold 49,650 vehicles in November 2020 against 41,124 units in November 2020.

Eicher Motors sold 63,782 units of motorcycles in November 2020, against 60,411 units of motorcycles in November 2019.

Phoenix Mills signed a non-binding term-sheet with an affiliate of GIC to create a strategic, retail-led mixed use platform.

Coal India’s production in November up 3.3% year-on-year to 51.7 MT while Offtake up 8% year-on-year to 51.3 MT.

Kansai Nerolac’s Sri Lankan subsidiary Kansai Paints Lanka allots 4.99cr shares for an equity contribution of Rs12cr.

Glenmark isssued a notice of optional redemption to holders of $200 million 4.5% Senior Notes due 2021 and listed on the Singapore Exchange Securities Trading Ltd. Record date for the same has been set as December 10.

Sakthi Sugars default in payment of interest and repayment of principal amount continues beyond 30 days from the due date.

Reliance Power defaults on interest payments due on term loans from Axis Bank, Yes Bank and IDBI Bank. The company has total financial indebtedness of Rs1,360cr.

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