Top stocks in focus: Wipro, Rail Vikas Nigam, Wockhardt, Reliance Industries

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

Apr 11, 2019 02:04 IST India Infoline News Service

Stocks to watch
Wipro board meeting scheduled to be held on April 16 to consider a proposal for buyback of equity shares of the company.

State-run Rail Vikas Nigam’s shares to start trading on BSE/NSE after IPO gets 182% demand at Rs19/share.

As many as five companies are said to have submitted expressions of interest (Eo-Is) in picking up stakes in Jet Airways that have been put on sale by lenders as part of a rescue plan, as per ET report.

NBCC received orders worth Rs3,030cr in March.

Welspun Corp received additional pipe orders of 180KMT on a global basis. The company’s order book stands at Rs1,661 KMT worth at Rs14,100cr.

Reliance Industries clarified that the company neither setup any gas pipeline in 2006 nor has any contracts with any Netherland company for setting up any gas pipeline. 

NMDC March sales down 13% at 3.59 MT vs. 4.15 MT and its yearly sales dropped by 10% to at 32.39 MT.

Bharti Airtel sets April 24 as rights issue record date.

Wockhardt received USFDA approval for generic version of Dacogen, which is used to treat certain forms of cancer. The product will be manufactured in Hyderabad. The company says it will launch the product in the US in a short period of time.

Kansai Nerolac Paints completed acquisition of Perma Construction Aids.

Blue Star filed a petition for liquidation of its Oman-based joint venture in the jurisdictional court in Oman.

Confidence Petroleum India said that it has received a license for ten more auto LPG Dispensing Stations taking the number from 186 stations to 196 stations.

Info Edge increased stake in Gramophone to 37.2% for Rs14cr.

Tanla Solutions board approved the allotment of 2.19cr shares to Blackstone's arm. 

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