Top stocks in focus: IndiGo, Aurobindo, Adani Green, Cox & Kings

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

Jul 11, 2019 02:07 IST India Infoline News Service

InterGlobe Aviation said all related-party deals executed at arm’s length. Related-party deals were only 0.53% of the company’s 2018-19 revenue.

Adani Green promoters Adani Trading created a pledge on six crore shares.

Aurobindo to launch Cinacalcet Hydrochloride Tablets in the US Cinacalcet Hydrochloride tablets had an annual sale of approximately $1.5 bn for the twelve months ending May as per IQVIA.

Cox & Kings clarified that it had not defaulted on interest payment on its NCD as the date for the payment of interest due is as of Aug. 5, and not June 30 as brought to its notice by the debenture trustee/subscriber.

Brickwork Ratings downgraded the long-term debt instruments issued by IFCI Ltd. to ‘BWR BBB+’ with negative outlook citing a decline in asset quality, stressed liquidity position, weakening earning profile among other reason

Greaves cotton raised stake in unit Ampere Vehicles for Rs22.5cr.

Linc Pens’ first-quarter sales grew 21% on an annual basis to Rs100.66cr. The company said its domestic turnover grew 29% backed by large corporate order while exports declined 11%.

Saksoft Ltd. completed the acquisition of Dreamorbit.

Premier Explosives secured orders worth Rs15cr from Bharat Dynamics for the supply of solid propellants for Medium Range Surface to Air Missiles.

Related Story