Top 8 stocks in focus: Adani Transmission, Strides Shasun, KPIT Tech
Check out the companies which will be in focus during trade today based on recent and latest news developments.
Dewan Housing Finance Corporation Ltd: The company has announced that a meeting of the Board of Directors of the Company will be held on July 05, 2016, to consider fund raising by way of public issue of secured Non-Convertible Debentures (NCDs).
Adani Transmission Ltd: The Company has raised Rs. 1,000 Crores (Rupees One Thousand Crores only) on June 30, 2016 by allotment of 10,000 Rated, Listed, Taxable, Secured, Redeemable, Non-Convertible Debentures (NCDs) of the face value of Rs. 10,00,000/- each issued under two separately transferable principal parts of NCDs on private placement basis.
Strides Shasun: The company announced successful completion of US FDA inspection at its Oral Dosage Facility in Bangalore.
KPIT Technologies Ltd: The company has announced that at the beginning of the financial year, the Company had stated revenues to be flattish in the first 2 quarters of the year.
Nila Infrastructures Ltd: The company has announced that the convertible warrant holder of preferential issue made during the year 2014-15; have on June 30, 2016 exercised their rights in full and applied for conversion of warrants into equity shares. Consequently the Board of Directors of the Company have by way of circular resolution, made allotment of 2,25,00,000 (Two Crore Twenty Five Lac Only] equity shares of Re. 1/- each at an issue price of Rs. 5/- per share (including premium of Rs. 4/- per share) to these warrant holders.